siliconindia | | OCTOBER 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 IN FOCUSBy SI Team,THE INDIAN STRATEGY OF INVESTING IN CRYPTO
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