Where to buy and store your crypto coins: Here is a quick FAQs on cryptocurrencies
We found a few trending questions today on Google; thus, we decided to answer them.
New Delhi: Cryptocurrency has become the most discussed topic among investors around the globe. However, those who are new to the cryptocurrency world may have some questions in their mind. We found a few trending questions today on Google; thus, we decided to answer them.
Before we come to the questions, you must know about the prices of famous cryptocurrencies.
Crypto price today in India
Bitcoin, the most popular cyrptocurrency in the world, is trading at $46,158 following a decline of 0.5 per cent in the last 24 hours. The second most popular cryptocurrency Ethereum jumped by 0.3 per cent and reached $3,503 in the last 24 hours.
Let us check the answers to the trending questions:
1. Where to buy a cryptocurrency?
Cryptocurrency can be bought at any crypto exchange. Crypto exchanges not only provide the facility of buying cryptocurrency but also allows us to sell. In India, WazirX is the most famous and trusted cryptocurrency exchange.
2. Where do you store your cryptocurrency?
We all know cryptocurrencies are a form of payment that works online. It is also entirely decentralized and can be exchanged for goods, services, and other commodities.
It is a digital currency so we keep it in an online wallet. Just the way we keep cash in digital form in debit cards or credit cards. wallets are secured by a set of private keys or pins. Some of the famous Bitcoin wallets are coinbase, Binance, ZenGo, Crypto.com, and Ledger Nano.
3. What are the five best newly launched cryptocurrencies in April 2022?
There are currently more than 10,000 cryptocurrencies in the market. However, we decided to explain to you the top five newly launched cryptocurrencies in April 2022.
1. Avalanche
2. Terra
3. Power Ledger
4. Curve
5. PancakeSwap
4. What is blockchain?
Blockchain is the most common word associated with cryptocurrencies. But both are much different. Currencies like Bitcoin and Ethereum use blockchain technology to complete the transaction. Blockchain technology helps to secure these online transactions.