Want to Buy and Invest in Cryptocurrencies in India? Four Things to Keep in Mind

With cryptocurrencies being legalised in India, the sector finally received a much needed fresh gust of wind. The move will potentially bring back investors – something that startups in the Indian crypto space have already claimed to be seeing. However, for many, cryptocurrencies are an entirely new concept, and will likely remain so until India’s own public blockchains are established, and the idea of decentralised digital currencies go mainstream.

That being said, if you are looking to get an early piece of the pie, it is important to look at the new technical investment space with caution and understand its benefits. Speaking with News18, Michael van de Poppe, chief executive of Dutch crypto trading news portal BonSanca and a regular trader at the Amsterdam Stock Exchange, took us through a number of key points that should always be kept in mind about cryptocurrencies.