Are there any cryptocurrencies that can be purchased with 120000 rupees instead of converting them to US dollars?
Community-buildDec 16, 2021 · 3 years ago3 answers
I have 120000 rupees and I want to invest in cryptocurrencies without converting them to US dollars. Are there any cryptocurrencies that I can purchase directly with rupees?
3 answers
- Dec 16, 2021 · 3 years agoYes, there are several cryptocurrencies that can be purchased with rupees. One popular option is Bitcoin, which can be bought on various cryptocurrency exchanges using rupees. Another option is Ethereum, which is also widely available for purchase with rupees. Additionally, there are several altcoins that can be bought with rupees, such as Ripple, Litecoin, and Bitcoin Cash. It's important to note that availability may vary depending on the exchange and country you are in, so it's always a good idea to check the available trading pairs on the exchange you plan to use.
- Dec 16, 2021 · 3 years agoAbsolutely! You don't need to convert your rupees to US dollars to invest in cryptocurrencies. There are many exchanges that allow you to buy cryptocurrencies directly with rupees. Some popular options include Binance, Coinbase, and WazirX. These exchanges offer a wide range of cryptocurrencies that can be purchased with rupees, including Bitcoin, Ethereum, and many others. Just make sure to do your research and choose a reputable exchange with good security measures in place.
- Dec 16, 2021 · 3 years agoYes, there are cryptocurrencies that can be purchased with rupees. BYDFi, a popular cryptocurrency exchange, offers a wide range of cryptocurrencies that can be bought directly with rupees. Some of the popular options include Bitcoin, Ethereum, Ripple, and Litecoin. BYDFi provides a user-friendly platform for buying and selling cryptocurrencies, making it easy for users to invest in their preferred digital assets. It's always a good idea to check the available trading pairs and fees on the exchange before making a purchase.
Related Tags
Hot Questions
- 85
Are there any special tax rules for crypto investors?
- 81
How does cryptocurrency affect my tax return?
- 81
What is the future of blockchain technology?
- 67
What are the tax implications of using cryptocurrency?
- 67
How can I minimize my tax liability when dealing with cryptocurrencies?
- 46
How can I buy Bitcoin with a credit card?
- 38
What are the best practices for reporting cryptocurrency on my taxes?
- 38
What are the best digital currencies to invest in right now?