Here's How You Can Invest In Bitcoin, Ethereum, Other Crypto Coins In India

The world's biggest and most popular cryptocurrency is bitcoin, followed by ethereum by market cap. Other leading coins include tether, dogecoin, XRP, cardano, finance coin.

Cryptocurrency has become a lucrative financial asset for investors these days with its scope to provide steady returns, despite its volatile nature. Being a form of a digital asset, cryptocurrency is primarily based on a network that is distributed across a large number of computers. The decentralized structure of the virtual currency allows them to exist without the control of governments or any central authority. Ever since billionaire Elon Musk's electric vehicle company Tesla Inc invested in the world's largest cryptocurrency- bitcoin, leading crypto coins such as ethereum, dogecoin, and bitcoin have caught the bigger investors as well as the common man.  In India, many are still advocating the classification of cryptocurrency as an asset. Recently, Finance Minister Nirmala Sitharaman said that the cabinet note on the cryptocurrency bill is ready and the Cabinet is yet to clear the same. Presently, cryptocurrencies are under no regulation in the country, which often makes it risky for investors.  However, one must know the basic steps of investing in cryptocurrency. Here is how you can invest in crypto coins such as bitcoin, ethereum, dogecoin, among others in India: