Trade bitcoin price in india

Top 7 Crypto Exchanges in India to Buy Bitcoins, Altcoins - Goodreturns

Just a guess. Correct me if anything wrong. Go long on BTC ones it gives closing above the trend line, we may see new all time high ones the trend line is taken. Buyers are sitting at 49k green line. BUY Bitcoin for long Hit like if try too. Chart is self-explanatory.

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This is for trading purpose and not investment. Disclaimer- Trade at your own risk. Consult your financial advisor before investing and rest I forgot. If doesn't hold, then there will be a problem.

Should You Invest In Bitcoin 2021 ? Risk In Bitcoin Trading ? Bitcoin Safe Or Not ?

I hope it never gets there 47k and bounces back from here Buy add every dips side and target add And stop loss add ur owner. I got a pre placement offer from Sony and went to Japan in I even learned Japanese before going there. During my time in Japan, I used to get emails about job offers in the crypto field. I returned to India in , with the intention of starting a business.

History of Bitcoin in India

I had a lot of friends and acquaintances from IIT who were launching startups such as the founders of Housing. My initial idea was to solve a problem affecting second hand sales platforms like OLX and Quikr where people were unable to trust the identity of the counterparty. I was exploring perhaps using facebook logins in such a platform to introduce an additional level of trust.

It was at this time that I began reading up on blockchain. I used to spend 6 hours a day reading blogs and watching Youtube videos. I also started investing in bitcoin around that time and even initial coin offerings ICOs.

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I also started trading, for example I would buy on one exchange and sell on another. At the time, major exchanges were only offering bitcoin. I felt that India needs a user driven exchange. My flatmate was also doing a crypto start up. My co founder and I came up with a model where we used global liquidity on the back end.

Global exchanges like Binance have a lot of liquidity. We also introduced features like allowing investors to lend their cryptocurrency and earn interest and later on staking in ethereum which is a similar activity. Investors can also do leveraged trades on our exchange and we have a platform to educate users about the basics of cryptocurrency. On 6th April we were about to launch the exchange and on 8th April, the RBI banned banks from processing payments related to cryptocurrency.

Paying in a Different Coin

Overnight we had to change our model from rupee-crypto to crypto to crypto trading. The idea is that the owner generates two numbers—a private key that is secret and a public key that is published. The public key can be easily generated from the private key, but not vice versa. A signature can be used to verify that the owner holds the private key, without revealing the private key, using a technique known as an elliptic curve signature scheme.


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In this way, the receiver can verify that the owner possesses the private key and therefore has the right to spend the Bitcoin.