How to buy Ethereum with INR ?

MUMBAI, India - Nov. 29, 2022 - PRLog -- What is Ethereum ?

Ethereum is an open-source, public blockchain-based platform that can be used to build decentralized applications. In other words, Ethereum works like a platform that allows for the creation of decentralized user-controlled digital tokens called "Ethereum Tokens" (ETH). Working with Ethereum means that you are connecting your computer to a shared computing system called a "gas station" where other users connect using their computers as miners. These miners compete to verify and add transactions to the public ledger called the Ethereum blockchain. If they succeed, they get rewarded with ether (ETH) and if they fail, they get penalized with gas (g). This mechanism makes cryptocurrencies like Bitcoin and Litecoin uncannily similar to how energy is released into the Earth by miners in their respective solar systems.

Ethereum also has smart contracts which are Essentially statements that can be combined to form something called an "ERC21 token" or ERC20 token. Smart contracts are electronic code written in Solidity which can be translated into various programming languages known as "Ethereum protocols". As of late 2017, Ethereum has attracted many developers who are building decentralized apps based on its smart contract platform, including cryptocurrency developers looking for ways to monitor and manage their investments and implement smart contract solutions for business purposes.

Ether can be exchanged for different currencies, commodities, and other cryptocurrencies on the Ethereum network. The value of ether fluctuates depending on demand and supply; while it was trading at around $1 in late 2016, it has grown in value by more than 300% over the past few years.

Facts about Ethereum :

Ethereum and Bitcoin are two of the most popular digital currencies that have come from this crazy world of cryptocurrency. Ethereum has had a lot of amazing moments over the past few years, but one of the most explosive came in 2013 when its token sale topped out at $13 million in funding. As a result, Ethereum experienced massive growth that year, with new applications popping up almost daily. Today, Ethereum sits at around $3 billion in market capitalization and machine-learning AI is transforming financial services as we know them. Ethereum vs Bitcoin is just one example of this greater trend where blockchain technology has taken center stage..

How to Buy Ethereum with INR ?

Ethereum investment can be simpler than you think. Here are the initial five steps to get you going:

1. Choose a cryptocurrency exchange platform that is globally accessible like Koinbazar. Koinbazar is a global cryptocurrency exchange platform to buy, sell and trade crypto's in different markets using Koinbazar Android (https://play.google.com/store/apps/details?id=com.applica...)/iOS (https://apps.apple.com/in/app/koinbazar/id1567360326) App.

2. Create a crypto trading account on Koinbazar

3. Complete KYC verification within 5 Mins

4. Add Bank Account Instantly

5. Buy Ethereum with INR (https://www.koinbazar.com/trade/ETH_INR) on Koinbazar