Knowledge and usage of Cryptocurrencies like Bitcoin, Etherium, Litecoin, etc are sharply increasing in India, even though the government has not officially regulated them as of writing this article. As the usage of these cryptocurrencies are gaining huge popularity and the value of crypto coins such as Bitcoin (BTC) is soaring very very high in 2021, it is anticipated that the government will formulate a law regarding these digital currencies soon.
However, India has created a record recently in the crypto world by opening the world's first physical crypto-currency bank in Jaipur, the capital city of Rajasthan. This crypto bank is opened by a leading financial institution known as Unicas, which is a joint venture by Cashaa and United multistate co op society. Unicas has announced that they are planning to open many branches in the cities of India soon.
Hereafter the account holders of Unicas will be able to execute transactions both in cryptocurrencies and Indian fiat currency (INR) through the same account. This crypto bank is to provide the same services just like a traditional bank, including buying and selling of cryptocurrencies and issuing of loans against digital currency assets.
Bitcoin (BTC) is the first crypto coin invented in 2009. Bitcoin had 'NO' value for more than a year of its invention ie from January 2009 to March 2010. In May 2010 it gained a tiny value less than 1 cent ($0.01)! Within one year from then the value of 1 BTC grew to 1 USD!
And today, after completing 10 years in 2021, value of 1 BTC has grown to a whopping $41,000 or 30 lakhs INR (Rs. 30,000,00). It has been growing steeply for the past few weeks. It is predicted by financial experts that value of one bitcoin will rise to $100,000 soon and may reach further to 1 million within few months! The past growth history of bitcoin proves that it is easily possible.
How to buy or sell Bitcoins online with Local currencies?
Those who have dared to spend just $1.00 (Rs.65) to buy and save 100 or more bitcoins in 2010 are billionaires today, remaining unknown to the world! Fortune favors the brave! Seeing the vertical growth of Bitcoin, many enthusiastic persons are buying bitcoins online and hoarding them with an idea of multiplying their money easily, fast and legally.
To buy or sell Bitcoins or other cryptocurrencies online locally, one can check this reputed and honest platform.
Warning:
1. By Cryptocurrencies for saving purpose only if you can afford.
2. Beware of scam sites and portals. There are more scams than real.
How to earn FREE Bitcoins honestly without any investment?
At the same time, many poor people also who have been hearing the miraculous growth of this digital money, are earning some FREE coins smartly with reputed portals such as FreeBitco.in etc. Anyone who has a Bitcoin wallet can claim free 'satoshi' every hour. If the luck is favourable, members can claim $200 worth of bitcoins every hour. Also by spinning the wheel (which is available at the bottom of their daily email) members can earn various amazing prizes including $15,000 worth rolex!
