siliconindia | | November 20218INTRODUCTIONExchange rates or currency trading, more generally known as trading Crypto, is a decentralised worldwide economy. This is the market for buying and selling resources from various countries and economies. The Crypto market is one of the most competitive on the planet. The Crypto market is so large that daily trading volume reaches $5 trillion, far exceeding the global Crypto exchange. Consider the case where you want to benefit from the rising value of the BAT. For example, the BAT is currently trading at Rs.100. You believe that the price will rise and that it will reach the 110 mark in a few quarters. One can now purchase the BAT contract on the auction and take a long-term position. If the price increases to 110, you can make a profit of Rs.10 per coin.Crypto trade is the buying and selling of foreign currencies. When you trade internationally, you're doing Crypto transactions. For example, suppose you're commuting from India to the US. As a result, based on the exchange rate from both currencies, you had your Indian rupees converted to US dollars. The exchange rate is extremely volatile and fluctuates often. Crypto trading necessitates in-depth knowledge of the economy and trading system, as well as certain lucrative skills. So, without any further delay, let us talk about Crypto trading along with some of the techniques that can assist you in Crypto trading.CRYPTO TRADING IN INDIAAccording to SEBI and RBI laws, no Indian citizen may engage in Crypto trading in India through whatever electronic and digital Crypto trading portal they have access to, under any circumstances. Crypto trading is illegal in India, according to a 2013 RBI circular. Crypto trading is only permissible if it is performed on specific currency trading sites with the Indian Rupee (INR) as the IN FOCUSBy si TeamTHE INDIAN STRATEGY OF INVESTING IN CRYPTO
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