Cryptocurrency investing in India has gathered pace in the last year, and we are witnessing a lot of action around crypto-investing. The total market valuation of cryptocurrency crossed $3 trillion this month, which is more than the GDP of some countries. If you are looking to enter the exciting world of crypto-trading in India, here’s a list of the five most trustworthy cryptocurrencies for better investing:
Bitcoin is the most popular cryptocurrency in the world. It was announced in a white paper in 2008, and it was launched in 2009 under the pseudonym Satoshi Nakamoto. It has since occupied the pole position in the world of cryptocurrency.
Bitcoin has seen tremendous interest. As of November 2021, the total value of Bitcoin exceeded $1 trillion, bringing it to par with some of the biggest corporations in the world. It has given phenomenal returns since its inception and can be easily invested in on cryptocurrency exchanges, such as Zebpay.
One of the most popular crypto assets worldwide, Ethereum was launched in 2015 by Vitalik Buterin, a Canadian Russian Programmer, at $3. Its current value is $4232(INR 2.95 Lakh). The total value of Ethereum is $500 billion, the second crypto in market valuation after Bitcoin. Investors prefer Ethereum as it gives superior returns; the currency also has the potential to bring blockchain to the masses. By registering on Zebpay, you may invest in Ethereum with ease.
Scalability is one of blockchain’s central problems. Any blockchain solution can process a handful of transactions at a time fairly efficiently. However, building a solution that maintains this same level of efficiency at a global scale is a difficult task.
When Matic first launched in 2017, its goal was comparatively modest in its scope. The initial objective was to build a platform that developers would find easy to build on, by improving Ethereum’s architecture.
The solution was to move a load of processing transactions to a sidechain. The project ensured security by deploying their Plasma framework, and a decentralized network of Proof-of-Stake validators. Matic’s performance speaks for itself:
Ripple was first launched in 2004 by a developer named Ryan Fugger. Its purpose is to ease global monetary transactions. XRP is a digital asset made for payments. It is an asset of the Ripple ledger used for real-time gross settlements. It is an open-source digitized and permissionless blockchain network that can settle transactions in 3.5 seconds. Ripple is available for investing at Zebpay.
Litecoin was launched in 2011 by Charlie Lee as a peer-to-peer cryptocurrency. It is one of the earlier spinoffs of Bitcoin and was one of the first Altcoins. Technically, Litecoin is nearly identical to Bitcoin. It is also one of the longest-running cryptocurrencies, making it one of the most trusted cryptocurrencies in the world. You may log in to ZebPay to start your crypto journey with Litecoin.
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