In 2021, bitcoin is one of the best investment options in India. While savings account giving 2-3% returns on savings, FD s giving 6-7% returns, bitcoin is giving more than 100% returns on investments.
Current value of a bitcoin is 42,98,665.58 INR.
This means if you have invested 5 or 6 rupee to buy a bitcoin in 2009, now you would have 42 Lacks INR.
In this article, we are not going to be expert in bitcoin, but we will learn how to get bitcoin for free and how to invest in bitcoin for free.
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BTC - INR GRAPH |
With increasing demand of Bitcoin, now everyone is trying to invest in it. But so many people can't invest because of their low budget and financial problems. And they think about getting some bitcoins for free. In this article you will learn how to get bitcoin for free in India. But before this, let us discuss some more about bitcoin.
What is Bitcoin?
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.
Bitcoin was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based network. Launched in early 2009 by its pseudonymous creator Satoshi Nakamoto, Bitcoin is the largest cryptocurrency measured by market capitalization and amount of data stored on its blockchain. The Bitcoin software is free and available online to anyone who wants to run a Bitcoin node and store their own copy of the Bitcoin blockchain. As Bitcoin matures, engineers have designed additional protocols to improve the speed and privacy of Bitcoin transactions, including the Omni Layer, Lightning Network and Liquid Network. Only approximately 21 million bitcoins will ever be created. New coins are minted every 10 minutes by bitcoin miners who help to maintain the network by adding new transaction data to the blockchain.
How to Invest in Bitcoin?
Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. Buying Bitcoin is getting easier by the day and the legitimacy of the exchanges and wallets is growing as well.
Now, let us discuss our main topic. How can I get bitcoin for free?
To get bitcoin for free, we will use Coinswitch Kuber.
What is Coinswitch Kuber?
CoinSwitch Kuber is a cryptocurrency exchange platform. CoinSwitch Kuber is a secure, user-friendly platform for users in India, where they can buy 100+ cryptocurrencies like Bitcoin, Ethereum, Ripple, etc easily, at the best rate, with a variety of payment options being offered. The users can access the pooled liquidity of the leading exchanges in India to get the best rate and trade instantaneously, after completing the KYC/AML procedures. CoinSwitch Kuber app is the best cryptocurrency trading platform by providing you with a seamless user experience, through a simplistic user interface.
Thanks for the informative article! waiting for your next post STO
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