Cryptocurrency has taken the internet by a storm and all of us want to be a part of it one way or the other. Using a wallet is fairly simple and easy but choosing the right one could be confusing so here’s a list of the top 5 cryptocurrencies in India.
What is a crypto wallet?
A cryptocurrency wallet can exist in the form of a tangible as well as a non-tangible object i.e. something that we can touch as well as something that we can. Not only can a wallet exist in a physical state, but it can also be stored in a digital form of service too. It is used to store cryptocurrencies as well as tokens.
The access to the wallet can be limited to the owner in multiple ways varying from biometric security to encryption and digital signing. Just like a real wallet, currency can be kept inside a wallet for safekeeping. Each crypto wallet has its own unique wallet address that is used to initiate transactions and exchange of currencies.
Best Cryptocurrency wallets in India
WazirX is India’s largest online Cryptocurrency trading portal that can process millions of transactions at the same time. WazirX also has its own utility token called WRX which was made to help out its supporters. WazirX is based on an auto-matching P2P engine.
Based in the USA, Coinbase is a huge platform that offers seamless transactions and quick KYC verifications. Coinbase accepts all major cryptocurrencies including Ethereum and the highly trending Dogecoin.
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The Ledger Nano X and the Ledger Nano S are some of the few physical crypto wallets available in India. They are a pair of highly secure physical drives that can secure your cryptocurrencies using a private access key. Prices start from around 10,600 INR exclusive of GST.
Available in over 162 countries, Zebpay was India’s first Bitcoin trading portal. It offers quick KYC verification and a cryptocurrency trading portal for exchange.
BuyUcoin is a Multi-cryptocurrency exchange that also offers a wallet service and referral points as well. It is based on the PCI-DSS-compliant payment gateway.
There you have it, five of the biggest cryptocurrency exchanges/wallets in India. Stay tuned for more guides about cryptocurrencies and mining in the future by TechQuila. If you want to know more about how to earn money from crypto, then do check out our guide on the same.