Best Exchange To Buy Ethereum In India : Most of You Probably know about ether or ethereum. It is a cryptocurrency meant to work as a platform for DAPPS or other currencies. One can run a decentralised platform over ether’s source code. That makes it the wp of Crypto. Ether crossed the all time high price of 750 dollars and is expected to go more in the future. Your one time investment in it can turn out one of the best decisions of yours. Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called “ether”, which can be transferred between accounts and used to compensate participant nodes for computations performed.”Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.
How To Buy Ethereum In India
One can easily Exchange Bitcoin for ethereum in almost any exchanges they like to. You can buy BTC from Zebpay, send it to poloniex and then buy ether there. But that makes processes much complex and you wont gonna get the best price possible. But there is one other way you can easily buy ether directly through rupee.
- Go here : https://koinex.in/?ref=88b06a
- Sign Up With KYC
- Start Buying ether for Your Rupees and also many other currencies Including Ripple, BTC and others
- Go to ethexindia.com
- Sign up with KYC
- Login with Dynamic Access code
- Start Buying
Both methods are good but there will some price difference time to time. I honestly do not trust ethex india that much due to some reviews I read. But Koinex works Great, It has great people Behind it.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.