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Crypto Exchange

About Cryptonomics

The manner in which money is transferred has been altered by crypto, changing the financial and economic landscape. The Economics of the crypto market tells us a market value of 1.92 trillion dollars of capitalization worldwide.

 

Since the introduction of the first crypto coin, bitcoin, it has grown to be a worldwide undertaking involving millions of people and organizations. The total market capitalization of the crypto industry was only around USD 10 billion at the beginning of 2016. A relatively brief crypto hype in 2017 resulted in a market capitalization that appeared to be in a bubble, peaking at over USD 780 billion in January 2018.

In 2009, when Bitcoin was first introduced, it had zero value. Its cost increased to $.09 on July 17, 2010. Now, Bitcoin surpassed $40,000 by January 2021, breaking the price record set in 2020 in less than a month.

The value of Bitcoin and other crypto is based on supply and demand as well as perceived worth, just like traditional currencies, goods, or services within a nation or economy. People will only invest in Bitcoin if they believe it is worth a certain sum, especially if they believe its value will rise. The number of Bitcoins that will ever be produced is limited to 21 million. Similarly, a "crypto winter" in the crypto world is anything that resembles a bear market characterized by an unfavorable mood and declining average asset values across a wide range of digital assets.

Despite all the advancements, there is a lack of reliable information about this novel category of digital assets. For this reason, BT has developed Cryptonomics in collaboration with CoinDCX. One exclusive resource will teach you all there is to know about crypto and assist you in developing a more comprehensive understanding of the market as an investor. Cryptonomics takes up the first step toward how to invest in Bitcoin via the CoinDCX app and helps us to build our portfolio through the CoinDCX invest app. CoinDCX is making crypto accessible in the easiest and safest format.

The impact of the crypto market on India has a very significant effect which is helping to enhance the transparency movement where every transaction can be traced back to the source. It is helping in employment growth, it enhances digital payments which is also helping India to achieve the Atmanirbhar Bharat goal.

The demand for a solid, long-term store of value drives the crypto investment market. Frequently, investors compare crypto with gold. The most recent and exciting development in the field of digital payments is the crypto exchange where we can exchange like normal currencies such as USD but designed to exchange digital information. This gives crypto the name of digital or virtual currency which is decentralized that uses cryptography for security” making it difficult to counterfeit. Consequently, in Cryptonomics, specialists in digital technology, cryptocurrencies, and cyber security experts from around the world will assist you in

understanding how the crypto market actually operates. How could a beginner investor start investing in crypto and dealing with crypto exchanges

See More...
 

Crypto Price Today: Bitcoin holds $23,600; Solana, Ethereum, BNB rises up to 6%

Global cryptocurrency market cap was trading higher at $1.08 trillion mark, rising about 2 per cent and the...

FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

FTX, once among the world's top crypto exchanges, shook the sector in November by filing for bankruptcy,...

Crypto Price Today: Bitcoin slips below $23,000; Shiba Inu, Dogecoin, Solana tank up to 9%

Bitcoin breached $23,000 level but was holding $22,500 comfortably, whereas Ethereum also lost about 6 per...

HIGHLIGHTS FROM MARCH 22, 2022, THE OBEROI, NEW DELHI

Crypto Conclave Programme

BLOCKCHAIN AND GOVERNMENT: THE POSSIBILITIES

Ravi Shankar Prasad

MP, BJP and Former Minister of Law, Communications and IT

CRYPTO ASSETS AND GLOBAL FINANCE: THE MACROECONOMIC VIEW

Dr. Krishnamurthy Subramanian

Former Chief Economic Advisor, GoI

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Ankit Wadhwa

Co-founder and CEO, RARIO

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Ramkumar Subramaniam

Co-founder & CEO, Guardian Link

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Toshendra Sharma

Founder & CEO, NFTICALLY

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Kashif Raza

Founder, Bitinning

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Kunal Nandwani

Co-founder, uTrade Solutions

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Sanjay Mehta

Founder & Partner, 100X.VC

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Deepak Bagla

MD & CEO, Invest India

FIRESIDE CHAT: CRYPTOS: ASSET OR LIABILITY?

Sumit Gupta

CEO and Co-Founder, CoinDCX

FIRESIDE CHAT: CRYPTOS: ASSET OR LIABILITY?

Neeraj Khandelwal

Co-Founder,CoinDCX

BLOCKCHAIN AND GOVERNMENT: THE POSSIBILITIES

Ravi Shankar Prasad

MP, BJP and Former Minister of Law, Communications and IT

CRYPTO ASSETS AND GLOBAL FINANCE: THE MACROECONOMIC VIEW

Dr. Krishnamurthy Subramanian

Former Chief Economic Advisor, GoI

Of Creativity & Crypto: The NFT Craze!

Ankit Wadhwa

Co-founder and CEO, RARIO

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Ramkumar Subramaniam

Co-founder & CEO, Guardian Link

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Toshendra Sharma

Founder & CEO, NFTICALLY

OF CREATIVITY & CRYPTO: THE NFT CRAZE!

Kashif Raza

Founder, Bitinning

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Kunal Nandwani

Co-founder, uTrade Solutions

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Sanjay Mehta

Founder & Partner, 100X.VC

BLOCKCHAIN & CRYPTO: THE FINTECH REVOLUTION

Deepak Bagla

MD & CEO, Invest India

Fireside Chat: Cryptos: Asset or Liability?

Sumit Gupta

CEO and Co-Founder, CoinDCX

SKILLING FOR THE BLOCKCHAIN WORLD: KEY ENABLERS

Jagdish Mitra

Chief Growth & Strategy Officer, Tech Mahindra

SKILLING FOR THE BLOCKCHAIN WORLD: KEY ENABLERS

Prof. Manindra Agarwal

Dy Director, IIT Kanpur

SKILLING FOR THE BLOCKCHAIN WORLD: KEY ENABLERS

Dr. NS Rajan

Former CEO, IDFC Foundation, ex Group CHRO, Tata Sons & Former Global Partner, EY

SKILLING FOR THE BLOCKCHAIN WORLD: KEY ENABLERS

Rajkumar Nehru

Vice Chancellor of Shri Vishwakarma Skill University, Haryana and Former HR Head, Schneider India

SKILLING FOR THE BLOCKCHAIN WORLD: KEY ENABLERS

AjeetKhurana

Crypto Advisor (virtual)

THE 3 C’S OF CRYPTO REGULATION: COMPREHENSIVE, COORDINATED, CONSISTENT

Dr. Subhash Chandra Garg

Former Finance Secretary

THE 3 C’S OF CRYPTO REGULATION: COMPREHENSIVE, COORDINATED, CONSISTENT

Rajnish Kumar

Chairman, BharatPe and Former Chairman, SBI

THE 3 C’S OF CRYPTO REGULATION: COMPREHENSIVE, COORDINATED, CONSISTENT

Cyril Shroff

Managing Partner, Cyril AmarchandMangaldas(virtual)

THE 3 C’S OF CRYPTO REGULATION: COMPREHENSIVE, COORDINATED, CONSISTENT

Ms. NS Nappinai

Advocate, Supreme Court & Founder, Cyber Saathi

TAXING CRYPTOS: NEED FOR CLARITY

L Badri Narayanan

Executive Partner, Laxmikumaran & Sridharan

TAXING CRYPTOS: NEED FOR CLARITY

Meyyappan Nagappan

Leader - Digital Tax,Nishith Desai Associates

TAXING CRYPTOS: NEED FOR CLARITY

Ms. SelvaOzelli

International Tax Attorney (virtual)

TAXING CRYPTOS: NEED FOR CLARITY

Dinesh Kanabar

CEO, Dhruva Advisors(virtual)

TAXING CRYPTOS: NEED FOR CLARITY

Mukesh Butani

Founder and Managing Partner, BMR Legal(virtual)

BAN OR REGULATE? THE RIGHT PATH

Jayant Sinha

MP, BJP

BAN OR REGULATE? THE RIGHT PATH

Rajeev Gowda

Former MP, Congress

BAN OR REGULATE? THE RIGHT PATH

Priyanka Chaturvedi

MP, Shiv Sena

BAN OR REGULATE? THE RIGHT PATH

Pinaki Misra

MP, BJD

THE LEARNING CURVE: THE GOVERNANCE OF DISRUPTIVE TECHNOLOGY

Rajeev Chandrasekhar

Union Minister of State for Electronics and Information Technology

 
 
 

Crypto Conclave Speakers

Ravi Shankar Prasad

MP, BJP and Former Minister of Law, Communications and IT

Dr. Krishnamurthy Subramanian

Former Chief Economic Advisor, GoI

Ankit Wadhwa

Co-founder and CEO, RARIO

Ramkumar Subramaniam

Co-founder & CEO, Guardian Link

Toshendra Sharma

Founder & CEO, NFTICALLY

Kunal Nandwani

Co-founder, uTrade Solutions

Sanjay Mehta

Founder & Partner, 100X.VC

Deepak Bagla

MD & CEO, Invest India

Sumit Gupta

CEO and Co-Founder, CoinDCX

Jagdish Mitra

Chief Growth & Strategy Officer, Tech Mahindra

Prof. Manindra Agarwal

Dy Director, IIT Kanpur

Dr. Subhash Chandra Garg

Former Finance Secretary

Rajnish Kumar

Chairman, BharatPe and Former Chairman, SBI

Cyril Shroff

Managing Partner, Cyril AmarchandMangaldas (virtual)

L Badri Narayanan

Executive Partner, Laxmikumaran & Sridharan

Meyyappan Nagappan

Leader - Digital Tax,Nishith Desai Associates

Ms. SelvaOzelli

International Tax Attorney (virtual)

Dinesh Kanabar

CEO, Dhruva Advisors(virtual)

Mukesh Butani

Founder and Managing Partner, BMR Legal(virtual)

Jayant Sinha

MP, BJP

Rajeev Gowda

Former MP, Congress

Priyanka Chaturvedi

MP, Shiv Sena

Pinaki Misra

MP, BJD

Rajeev Chandrasekhar

Union Minister of State for Electronics and Information Technology

Neeraj Khandelwal Co-Founder,CoinDCX

Co-Founder,CoinDCX

 
 
 

Blogs

India will roll out the eRupee to selected banks

The e Rupee will offer pivotal features like trust, safety, and settlement finality. The e Rupee can be deposited to banks, according to a statement made by the authorities.

Ethereum Weekly: ETH transactions take a dip, while flippening index sees a rise

It is by far, the second most traded crypto in the entire market – with 24 hour volumes of over $7 billion (excluding stablecoins), second only to the king coin itself – Bitcoin.

BlockFi Follows the FTX incident's ripple effect and filed for Bankruptcy

The press release from BlockFi said that the company is filing for bankruptcy as a part of its restructuring efforts, but their operations will be continued in the meantime.

Crypto FAQs

What are Digital Assets?

Digital assets are electronic files of data that can be owned and transferred by individuals. Examples of digital assets include cryptocurrencies, such as bitcoin, asset-backed stablecoins, such as tether, and non-fungible tokens (NFTs)

What is Crypto?

Crypto is a digital or virtual asset built on top of a Blockchain protocol, and is secured by Cryptography making it safe and secure.

What is Blockchain and how is it related to Crypto?

Blockchain is a decentralised ledger that allows multiple users to record and make changes in it. Once the data is entered, it cannot be removed or changed Read More here: https://dcxlearn.com/blockchain/what-is-blockchain-what-is-cryptocurrency-2/

How to invest in crypto? How much to invest in crypto?

Investors are always recommended to research, read, and analyze their risk appetite before diving into any investment tool. Buying crypto assets is very convenient today. You have to be very careful of what you buy and where you buy. Never give in to your emotions while investing and always make rational decisions because every investment tool has volatility to offer.

How can I invest using CoinDCX?

This blog is step-by-step guide to help you make your first investment Link: https://blog.coindcx.com/product-tutorials/how-can-i-invest-in-bitcoin-in-india-coindcx-go/

How to vet crypto projects? Which cryptos should you buy?

When you’re investing in a new asset, always DYOR - Do Your Own Research. Additionally, you can assess the projects based on these parameters: 1. Tokenomics | Market cap, supply and demand, and circulation 2. The defi project or crypto project idea and roadmap 3. Token use cases or applications 4. Social media proofs and News/PR 5. HNI and Institutional Interest 6. Project community: Founder, developer team, and users

What is “ATH”?

ATH is an acronym for All Time High. It refers to the maximum value an asset has seen. . For example, the all time high reached by Bitcoin was $68,700

Is Crypto Safe ?

Crypto assets are built on Blockchain protocols. These blockchain protocols are secured using industry grade encryption mechanisms. They utilize concepts like Public Key and Private key encryption, hashing, 256 bit encryption among many others.

What are some popular Cryptos other than Bitcoin?

Crypto assets other than BTC are usually referred to as “Altcoins”. Some popular altcoins are: ETH, SOL, ADA, XRP, USDT etc.

What is the 7M Framework on CoinDCX?

Each token/coin listed on CoinDCX, follows a rigorous evaluation process known as the 7M module. Read more about it here: https://blog.coindcx.com/announcements/coindcx-7m-framework-channelizing-crypto-investments-to-value/

What are crypto wallets? How many crypto wallets are there?

a wallet is used as a gateway to a blockchain network. These wallets interact with a blockchain and don’t store cryptos. A wallet securely stores the public keys, private keys, and the addresses of the user. There are two main types of crypto wallets: Hot Wallets and Cold Wallets. You can read more about them here: https://dcxlearn.com/cryptocurrency/what-are-cryptocurrency-wallets-what-are-the-types-of-cryptocurrency-wallets/

What is a BTC and how does it work?

Bitcoin is a decentralised peer-to-peer (P2P) digital asset where transactions can take place directly between two equal and independent participants of the network without the intervention of any third party.

Why Is Bitcoin Valuable?

BTC is valuable because it is built on the principle of scarcity. It is a good store of value due to a finite supply of coins available. Bitcoin is also decentralized, censorship-resistant, secure, and borderless.

Is Bitcoin legal?

https://blog.coindcx.com/product-tutorials/is-crypto-trading-legal-in-india/

Is BTC a tangible coin?

BTC is a digital asset, i.e. it exists virtually and is intangible. Hence, the value of a Bitcoin is stored digitally, unlike a physical coin, whose value is due to its tangible presence.

What is the value of one BTC?

At the time of writing this, one BTC is equal to $43,315. BTC had touched it’s all time high in November 2021, when one BTC was worth $68,700. Data from: CoinMarketCap Date: Mar 1, 2022.

How are my funds insured at CoinDCX?

CoinDCX uses BitGo services to provide the best security to its cold wallet funds. User funds are insured by a $100 million BitGo insurance. To read more: https://blog.coindcx.com/opinion/how-does-coindcx-keep-user-funds-safe-with-bitgo/

What is Ethereum? Ethereum vs. Bitcoin

Ethereum is the second largest crypto with a market cap of over $300 billion. The crypto or platform is called Ethereum, while the individual unit is called an ether.

What do you mean by Decentralisation?

In the world of blockchain, decentralization refers to the transfer of supervision and decision-making from a centralized association (individual, corporation, or group of people) to a distributed network.

Who runs Ethereum?

Governance on Ethereum Ethereum governance is the process by which protocol changes are made. It's important to point out that this process isn't related to how people and applications use the protocol - Ethereum is permissionless. Anyone from anywhere in the world can participate in on-chain activities. There are no rules set for who can or cannot build an application or send a transaction. However, there is a process to propose changes to the core protocol, which these applications run on top of. Since so many people depend on Ethereum's stability, there is a very high coordination threshold for core changes, including social and technical processes, to ensure any changes to Ethereum are secure and widely supported by the community. Source: ethereum.org

Can I trade Ether for BTC?

Yes, Crypto can be converted or traded between “exchange pairs”. A Crypto exchange can help you facilitate this transition.

What is an NFT?

NFTs can also be described as a cryptographic token that uniquely defines an asset. They can be used to represent digital assets which are in the form of images and also can track real-world assets like a house or a song for example. As these NFTs make the assets unique, i.e. there can only be one of any NFTs, which gives one to prove ownership over the said asset and prove the authenticity of the ownership. Read more about NFTS from here: https://blog.coindcx.com/cryptocurrency/what-are-non-fungible-tokens-nft-tokens-beginners-guide/

What makes NFTs so desirable?

Uniqueness of the asset Rarity - you could be the only one in the entire world who owns this asset Indivisibility: Unlike other cryptos, NFTs cannot be divided

Is lending and staking available at CoinDCX?

Yes, lending and Staking are available on CoinDCX Pro Check out Staking: https://coindcx.com/staking Check out lend: https://coindcx.com/lend

What are the different lending rates on CoinDCX?

You can check out the current lending rates on CoinDCX Pro by visiting the link: https://coindcx.com/lend

What is DCX Learn?

DCX Learn, an initiative of CoinDCX, is a pioneer learning platform offering free, high-quality educational and hands-on content on Crypto. It is a one-stop platform for new users and experienced investors alike, seeking to develop a deeper level of understanding about Crypto & blockchain-specific projects and initiatives. Visit DCX Learn: https://dcxlearn.com/

How are cryptos going to be taxed?

Government has proposed the following specific tax regime for the industry: ● Income from transfer of any virtual digital asset to be taxed at the rate of 30 per cent, ● TDS of 1 per cent to be charged on payments made for transfer of virtual assets, above a certain monetary threshold, ● The gift of virtual digital assets is proposed to be taxed in the hands of the recipient You can read all details about Crypto Taxation here: https://blog.coindcx.com/crypto-news-india/crypto-taxation-guide-budget-2022/