Bitcoin is the king of the Cryptocurrency world being the 1st successful cryptocurrency developed. Since then many coins have been developed based on blockchain technology. Each coin has its own unique purpose and serves a particular service to society making profits for investors. The List of cryptocurrencies in India are as follows –
1. Bitcoin Cryptocurrency
Bitcoin Cryptocurrency is the first decentralized digital currency, created in 2009. Since then, bitcoin has gained popularity among investors for its high growth rate. Transactions are performed directly between bitcoin senders and receivers, without any third party like authorities, banks or governments involved.
2. Ethereum Cryptocurrency
Ethereum Cryptocurrency has emerged as the 2nd most valued Cryptocurrencies in the world, in terms of market capitalization. The founders of Ethereum Cryptocurrency used Bitcoins Cryptocurrency idea, improved upon it, and came up with the concept of smart contracts. Smart contracts made Ethereum Cryptocurrency the most attractive Cryptocurrencies after Bitcoins Cryptocurrency.
3. Bitcoin Cash Cryptocurrency
Bitcoin Cryptocurrency cash is a Cryptocurrency created in August 2017, from a fork of Bitcoin Cryptocurrency.1 Bitcoin Cryptocurrency cash increased the size of blocks, allowing more transactions to be processed and improving scalability.
4. Ripple Cryptocurrency
Ripple Cryptocurrency is a Cryptocurrencies that aims to make huge profits in the Cryptocurrencies market by taking advantage of emerging markets. Cryptocurrencies like Ripple Cryptocurrency are backed by nothing, but market demand and acceptance. In the Cryptocurrencies realm, these Cryptocurrencies often come and go, and Cryptocurrencies like Ripple Cryptocurrency promise high growth potential.
5. Tether Cryptocurrency
Tether Cryptocurrency is a Cryptocurrencies that was launched in 2014, to implement Cryptocurrencies with low volatility. Tether Cryptocurrency claims to be backed by one dollar for each coin issued, hence the name stable coins. It is a Cryptocurrency that aims to provide price stability and ease of use.