Friday 12 May 2017



Digital currency in India, better or worse?

Each user in India who uses the digital currency known as Bitcoin or BTC, we are clear that it was created and maintained by electronic means, and that is not controlled by any specific bank, and this is one of the great advantages that has captured my attention, that we ourselves have the power to handle our virtual money in multiple transactions such as the purchase and sale of Bitcoin in India and as well as can be used to buy things electronically, which makes the users we handle very comfortable knowing that we do not depend on a bank that acts as an intermediary, giving us much confidence to buy bitcoins instantly in India.

The price of BTC in India is produced by fluctuations between buying and selling, bitcoins are produced by computers that work at the same time throughout the world and because of this, and they are unlimited. Its use has facilitated to a large extent almost all the electronic transactions that I do in my day to day. 

To buy bitcoins in India you should look for the method that best suits us, this can be directly with another person who is selling or through electronic wallets that store our bitcoins online.
Much is said about the fraudulent uses attributed to this virtual currency, either by fraudulent companies or by the unfair use of bitcoins, because it is not controlled by any government entity, lends itself to dirty business and it is because India refused at first to use it until it was ceding.

Such companies are like a huge version of an accounting ledger, known as a block-chain. If we have used a Bitcoin address publicly, no one can tell how many bitcoins are stored in that direction, people just do not know it is ours, there are measures that users can take to make our activities more opaque in the Bitcoin network. At the moment of sending bitcoins in India, I opted to use Bitxoxo, through this company I can buy and sell bitcoins instantly in India.

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