Bitcoin Investment: Want to invest in bitcoin, know what is the way
Bitcoin Investment : the desire to invest in bitcoin is increasing rapidly. The reason for this is the huge profit earned from it. According to a report, there are more than 10 million new investors of cryptocurrencies in India in 2021.
The desire to invest in cryptocurrencies, especially bitcoin, is increasing rapidly in the country. The reason for this is the huge profit earned from it. It has given investors an opportunity to earn a lot of money. However, right now its price has come down far below this year's record high. Even then, investors are investing money in this because they are now seeing an opportunity to invest in it at a cheap price. According to a report, there are more than 10 million new investors of cryptocurrencies in India in 2021. If you also want to invest in this, then we are telling you the way
bitcoin price fluctuations
There has been a lot of volatility in the price of bitcoin this year. In April this year, its price had reached about $ 65,000. This was its highest ever record high price. Then, in June, its price fell to about $ 30,000. However, in the last few weeks it has been showing an uptrend. On Monday (July 12), the price of bitcoin rose 3 percent to $ 34,503. A rise of 3.60 was also recorded in the price of Ethereum. It reached $2,167.
Major cryptocurrency exchanges
Investing in bitcoin can be done through a cryptocurrency exchange. Its major exchanges are WazirX, CoinDCX, Zebpay Zebpay, CoinSwitch Kuber and Unocoin UnoCoin. WazirX was founded in 2017. It was later acquired by Binance Holdings. It is the largest cryptocurrency exchange in the world in terms of trading volume. You can invest in bitcoin online through WazirX.
how to invest
You will first need to open an account in a cryptocurrency exchange. To open an account with an exchange, you must first register or sign-up. For this you have to enter your details. After email verification and account security setup, you will have to hear the name of the country. After selecting the account, you have to transfer money to it. Then you can buy bitcoin.
