Investing is becoming more and more popular in India, and it seems that the market is starting to attract more interest from Indian citizens.
According to the latest market data from Investopedia, the total value of all crypto investments in India is approximately USD 6,000,000.
In contrast, the market capitalization of all fiat investments in the country stands at USD 9,700,000 as of December 30, 2018.
A number of countries are also offering crypto investments to their citizens.
For instance, in April 2017, India’s central bank issued a directive to facilitate the sale of crypto-assets to the public.
According the guidelines, crypto-asset holders are to be required to have a minimum net worth of USD 10,000 per person and to be willing to put a minimum of USD 1 million in a single crypto-investment.
Additionally, the guidelines state that crypto-funds will only be allowed to be transferred to a resident of the country who holds a valid Indian bank account, and who is at least 18 years of age.
In other words, a person who invests in crypto-currency could invest only in one crypto-project at a time.
As per Investopiewedia, there are currently more than 1,000 cryptocurrencies that can be traded on exchanges like Poloniex, Cryptsy, Bittrex and others.
Investopedia has also compiled a list of the most popular crypto-stocks on the market.
The top five crypto-exchanges on the country’s exchanges are listed below.
Investing in crypto is a popular way to diversify your portfolio and gain exposure to various crypto-markets.
It is also the most effective way to take advantage of the upcoming Indian Independence Day celebrations on December 21.
As a result, many Indian citizens are looking for ways to diversifying their crypto-trading portfolios.
It could be said that Indian citizens tend to be more active in crypto investments than other investors.
As an Indian citizen, you can take advantage in investing in crypto projects.
This is because crypto-coins are not only valued at higher prices on the markets, but also because of the relatively high market capitalisation of the crypto-projects.
It is worth mentioning that the total market capitalizations of the largest crypto-based investments in various markets are over USD 20 billion.
For the purpose of this article, we have created an index for crypto-Investing for India.
It has been compiled by the following companies:Alibaba, Baidu, Bittylicious, Coinapult, Cryptome, Crypto Asset Management, Digital Asset Holdings, Digital Capital, FinTech Exchange, GoCoin, IndomuNation, NetiPay, Snapdeal, Snapcoins, Smartcoin, Tiger Coin, Viacoin, YC, Yubico and other popular crypto investment platforms.
The index comprises of all cryptocurrencies, including bitcoin, litecoin, dash, dogecoin, doldrums, and zcash.
The top 50 crypto-listed companies in the Index are:Alterations, Blackberry, Cisco, Coinbase, Coinbase Payments, Ethereum, Airbnb, Airbnb Payments, Uber, Virgin Media, Wall Street Journal, Twitter, Vodafone, Zcash, Zomato, Zynga, WhatsApp, and others that are listed on this index.
Accordingly, you are advised to research and invest in crypto companies as well.
This way, you will get a more complete picture of the market trends and opportunities available to you.