There have been positive sentiments returning back in the favor of BTC as 1 BTC to INR/US$ has been skyrocketing and reaching to the moon in October. Investors who had been ravaged by the crypto ban in India likely see opportunities on the investment horizon after the ban lift and BTC recovering by 6.5% since October 2, 2020, to reach $10,500 and with the likely swing around, an $11,000 mark is highly expected by the end of October. The reason to analyze the trend was to highlight the growth of Bitcoin business in India and you must have a strong Bitcoin business plan to sustain in this challenging coronavirus period. PCEX Member, a crypto-broker in India has launched a trading business plan via a franchise model where you can earn regular returns by bringing liquidity to the exchange. Let’s look at the three models under which you can associate with PCEX Member and drive income for sustenance.
The cryptocurrency market is showing bullish trends lately with high returns happening in cryptocurrencies encouraging individuals to trade for better benefits in a market slowed down by the CoronaVirus pandemic. In the times, when plenty have lost their jobs and they are looking for real-time earning solutions, crypto-trading nevertheless ends up as the best option to create a passive income portfolio. But before you deep dive into the world of trading, it is necessary to have the right acumen revolving around stocks, bonds, forex, and a limitless zeal to learn new things. So, it wouldn’t be an understatement to say that working as a sub-broker franchise can bring benefits for you.
The scope for trading in cryptocurrencies has strengthened in India because of immigrants, finances, and government policies favoring the trade-in 2020. During the COVID-19 crisis, a significant amount of remittances have bolstered Indian finances but high transaction fees have given opportunities to the cryptocurrencies to simplify cross border-trading and instant settlements. That said, bitcoin trading platforms have seen a significant rise lately with a few of the exchanges witnessing a 545.56% rise this year. With newly registered users sky-rocketing for undertaking trading, the need for the crypto-broking franchise in India is likely to rise and it could incentivize whosoever wants to end up as the crypto broking franchise. That brings us to question who is a crypto-broking franchise?
The size of the billion-dollar cryptocurrency market is a testament to the burgeoning popularity and global adoption of cryptocurrencies. The number of cryptocurrencies has grown to over 2,300 through 2019, according to CoinMarketCap, and the market has witnessed an incredible increase in the number of crypto investors over the past decade.
Blockchain technology is the tech upon which the cryptocurrency Bitcoin was built. However, cryptocurrencies and money transfers aren't the only uses for blockchain technology. The use of blockchain technology has been evolving in the decade since the release of the first blockchain in 2009, which was created by Satoshi Nakamoto as part of Bitcoin. There are now a variety of uses for blockchain technology.
Security Token Exchanges are the most popular thing in the cryptocurrency industry. A Cryptocurrency exchange software platform is a trading platform where traders can buy and sell cryptocurrencies/digital assets instantly.
“It was good until it lasted,” we could say for crypto-fiver that was going on mainly in 2017. Nobody knew at the time if Bitcoin, Ethereum and other coins were about to go mainstream – or everything was just a spike.
A few weeks ago we learned about the history of money and how we got to where we are today. Now, we get to spend time thinking about the even more intriguing idea of how money might look in the future!
The buying and selling of cryptocurrencies is no longer a practice subject to the comp-sci nerd, hunching over his desktop in his basement, hoping to trade his way into the shoes of a Bitcoin billionaire. Now, the world of crypto trading is widely navigated, becoming more and more normalized as a means of obtaining wealth, whether it be through digital currency or traditional, fiat currencies like USD or Euro.
Bitcoin is just emerging out of the 18-month bear market. Bitcoin, of course, has been doing really well. It's up from $3,000 and its been trading as high as $9,000. It is still very early days in crypto currency. If you look at the size of the entire crypto market, Apple has more cash on their balance sheet than the size of the entire crypto market. So, is investing in crypto currency a smart and safe decision?
Whether you're just getting into cryptocurrencies, or you're an old pro, you should know that keeping up to date with any changes within the industry is integral to your chances of getting the most out of your investments. You'll want to make sure you're using a safe Bitcoin wallet and that you're aware of any changes that could influence your decisions, as well as some of the best Bitcoin trading strategies to help you get the most out of your wallet.