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How to use Android,iOS apps for cryptocurrency – Guide
Bitcoin, Ethereum, Ripple and other cryptocurrencies have gained popularity due to their firing rates. A simple tweet from Elon Musk can trigger up the prices of these coins. Although they have no regulations at the moment, many people are trying to put their money into these cryptocurrencies in hopes of getting some return on their investment.
To buy or sell shares in a company in India, investors need to connect to an exchange like NSE through a broker like Zerodha. Likewise, to buy or sell a cryptocurrency, the investor/trader will need a stock exchange/broker to work with.
Here are some of the popular mobile Application-based brokers you can use to invest in cryptocurrency:
WazirX is one of the most popular encryption exchanges in India. The app itself is user-friendly and available on Android and iOS platforms. WazirX offers a smooth trading experience, even for novices. To verify their clients, the broker uses the KYC process and they have used a technically advanced version of it allowing users to be verified in a matter of a few hours.
Zebpay has been in the encryption business since 2014 and has managed to build a great reputation among Bitcoin traders and investors. The company has over 3 million customers and has done $2 billion in trust transactions. The app is available on Android and iOS platforms.
UnoCoin is a popular Indian app used for trading cryptocurrencies. The app has a simple and easy-to-use user interface. Like the other apps mentioned in this list, this one is also available on Android and iOS platforms.
The apps mentioned will ask you to add money from your bank account to the app-based wallet. You can use the added money to buy or sell Bitcoin and other cryptocurrencies. Please note that these apps will charge a minimal fee on each transaction as their brokerage fees.
From the news www.indiatvnews.com
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