crypto

Cryptocurrency Prices Today in India 3rd July 2022

Check and compare latest prices of top cryptocurrencies in India. Analyze the historical performance of various currencies in the market like Bitcoin, Ethereum, Ripple, etc. and read top stories to stay updated with the recent changes happening in Crypto Market....read more

Last Updated: 3rd July 2022 6:30
BitcoinBitcoin (BTC)
₹ 15,17,816
-55.56% Change (6M) -56.83% Change (3M) -34.13% Change (1M) +0.49% Change (1D)
EthereumEthereum (ETH)
₹ 83,930
-70.29% Change (6M) -68.39% Change (3M) -39.01% Change (1M) +2.01% Change (1D)
Binance CoinBinance Coin (BNB)
₹ 17,193
-54.5% Change (6M) -49.11% Change (3M) -25.57% Change (1M) -0.41% Change (1D)
Bitcoin CashBitcoin Cash (BCH)
₹ 8,320
-73.87% Change (6M) -70.69% Change (3M) -41.4% Change (1M) +6.04% Change (1D)
LitecoinLitecoin (LTC)
₹ 3,978
-63.59% Change (6M) -57.74% Change (3M) -18.22% Change (1M) -0.36% Change (1D)
DashDash (DASH)
₹ 3,379
-66.35% Change (6M) -66.4% Change (3M) -25.05% Change (1M) +4.14% Change (1D)
ChainlinkChainlink (LINK)
₹ 488.25
-72.06% Change (6M) -63.01% Change (3M) -8% Change (1M) +3.36% Change (1D)
Huobi TokenHuobi Token (HT)
₹ 345.58
-50.43% Change (6M) -53.26% Change (3M) -36.78% Change (1M) -8.25% Change (1D)
TetherTether (USDT)
₹ 78.84
+5.79% Change (6M) +4.5% Change (3M) +1.71% Change (1M) -0.01% Change (1D)
CardanoCardano (ADA)
₹ 35.82
-63.31% Change (6M) -60.85% Change (3M) -16.91% Change (1M) +1.64% Change (1D)
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FAQs

What is a cryptocurrency?

A cryptocurrency is an encrypted data string which denotes a unit of currency. They are digitally mined, where very sophisticated computers solve extremely complex computational mathematics problems. Cryptocurrency is monitored and organized by a peer-to-peer network called a blockchain, which also serves as a secure ledger of transactions. Unlike physical money, cryptocurrencies are decentralized currencies, which means they are not issued by governments or other financial institutions. read less

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How do cryptocurrencies work?

Cryptocurrencies work using a technology called blockchain. Blockchain technology is a structure that stores transactional records of the public in several databases in a network connected through peer-to-peer nodes. Every new block generated must be verified by each node before being confirmed, making it almost impossible to forge transaction histories. They enable secure online payments without the use of third-party intermediaries. read less

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Is cryptocurrency legal in India?

The answer to this question is not purely black or white as the central bank of India and the government look unsure as how to deal with this new age currency. The central government has banned these currencies back in 2018 and then in 2020, the Supreme Court of India reversed the RBI ban. Finance Minister's proposal to tax virtual assets has sparked a debate over the legality of cryptocurrencies in India. While many have welcomed the decision to tax digital currencies thinking that it is the first step to recognise the virtual currencies, the government has not yet clarified whether currencies like Bitcoin can be considered legal tender in India. read less

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Can Indian Rupee be invested in cryptocurrency?

Yes, Indian Rupee can be invested in cryptocurrency. This can be done through various crypto exchanges which charges a fee during the investment and redemption. Every investor needs to have a bank account linked to the crypto account in order to add money and make a digital transaction. KYC needs to be approved for a customer investing in crypto. read less

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