The top 10 staking Cryptocurrencies for Indian investors in 2023, one way for users to earn passive income
Intro
Staking cryptocurrency is a great way for users to earn passive income. While it does not eliminate market volatility, it does allow users to constantly accumulate more cryptocurrency without investing money. Thus, there is a high demand for staking Cryptocurrencies for Indian investors as these currencies are strong contenders for staking coins in 2023 and beyond.
Cryptocurrency is a type of digital currency that can be used to buy goods and services without using physical bills or coins. As a digital currency, cryptocurrency is a highly volatile asset with erratic price fluctuations. There are thousands of cryptocurrencies to choose from, ranging from Bitcoin to Litecoin. Staking cryptocurrency, like investing in cryptocurrencies, necessitates some research. Users interested in Staking coins should look beyond the current taking returns and consider whether a long-term value is conceivable. More Indians, approximately 97.5 million people have already invested in cryptocurrency and considered it a viable option for digital currency investing and trading.
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CoinDCX
CoinDCX, founded in 2018 and headquartered in Singapore, is one of India’s largest and most popular crypto exchanges, and provides users with access to a wide range of digital assets and features, including margin trading, staking rewards, and spot trading services. It also provides a mobile app to assist users in managing their portfolios and staying current on market conditions.
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WazirX
Wazirx, founded in 2018, is India’s first and largest peer-to-peer cryptocurrency exchange, allowing users to buy and sell cryptocurrencies without the involvement of a middleman. This app features lightning-fast Know Your Customer and high-security standards. Wazirx, according to its website, is “investing in regular security audits to ensure a highly secured trading platform.”
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Bitbns
Bitbns, the first Indian cryptocurrency exchange, was founded in 2017 and provides its users with numerous features such as margin trading, zero fees on deposits and withdrawals, an intuitive trading interface, and more. They provide users with access to over 392 different digital assets, as well as fiat-crypto and margin trading services. Bitbns also has a mobile app that allows users to manage their portfolios while on the go.
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Unocoin
Unocoin is one of India’s oldest, most trusted, and most widely used cryptocurrency exchanges. It was founded in 2013, in which users can take advantage of features such as spot trading services, wallet management tools, and others. Furthermore, they maintain an active presence in India’s crypto community by organizing various events, expanding their product offerings, and providing educational courses for those who are new to crypto.
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ZebPay
ZebPay is one of India’s most popular cryptocurrency exchanges. Founded in 2014, ZebPay was the first exchange to provide its users with services such as zero fees on deposits and withdrawals, an easy-to-use trading interface, and more. It provides users with access to over 150 different digital assets, including Bitcoin, Ethereum, Ripple, and Litecoin. ZebPay also has a mobile app that allows users to manage their portfolios while on the go.
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BuyUcoin
BuyUcoin is India’s leading cryptocurrency exchange which was founded in 2016. This user-friendly platform is one of India’s newer cryptocurrency exchanges, providing users with access to more than 130 digital assets, including Bitcoin, Ethereum, Ripple, and Litecoin. BuyUcoin also has a mobile app that allows you to manage your portfolio while on the go.
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Giottus
Giottus is an Indian cryptocurrency exchange that is still in its early stages. Founded in 2019, Giottus has quickly risen to the top ten exchanges in India due to its low fees and advanced features. It provides users with access to more than 120 digital assets, including Bitcoin, Ethereum, Ripple, and Litecoin. Giottus also has a mobile app that allows users to manage their portfolios.
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BitBuddy
BitBuddy is India’s leading cryptocurrency exchange. BitBuddy, which was founded in 2018, has quickly become one of the most popular exchanges in India due to its advanced features and customer-centric approach. BitBuddy charges a 0.3% trading fee on all trades, making it one of India’s most affordable exchanges.
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Krypto
Krypto is an exchange and payment platform for cryptocurrencies. Users can use the platform to buy, sell, trade, and pay with cryptocurrency to anyone, anywhere, and at any time. Krypto aspires to be a one-stop shop for all of its customers’ crypto needs. The platform intends to disrupt the crypto trading industry by making the buying, selling, and sending of cryptocurrency quick, simple, and risk-free.
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Colodax
COLODAX is a cryptocurrency exchange platform. It provides brokerage services to help with trading activities and allows users to buy and sell various crypto assets such as bitcoin, Ethereum, and ripple. It also provides transaction history details, market analysis insights, and current pricing lists to the trader. The app is available for iOS and Android devices.
