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FAQs on Cryptocurrency
How Can an Indian Investor Invest in Cryptocurrency?
Many exchanges, including Kuber and Coin X, provide simple ways to invest in cryptocurrencies. To store your data and conduct transactions on the blockchain, you will receive a digital wallet.
What is the total number of cryptocurrencies?
Over 1,000 different kinds of cryptocurrencies exist, and more are constantly being created through mining. Bitcoins, Altcoins, and Tokens are the three primary categories used to characterize them.
Is cryptocurrency legal in India?
Although there is now no legal basis for it, trading is not prohibited. Some of the restrictions will change in the upcoming months due to a crypto law that is now in the process.
I want to diversify my portfolio, should I buy cryptocurrency?
Cryptocurrencies can help you build significant wealth if you have a high-risk tolerance.