How to Buy and Sell Bitcoin in India
This week, you’e probably heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Cry cyber attacks were one of the biggest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.
Bitcoin may be the currency of choice in the digital underground, but there are plenty of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.
So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We decided to compile a list of such exchanges to help you get started with Bitcoin, if you are so interested.