In the last 3months, According to the data from CoinMarketCap, After the king Bitcoin in Cryptocurrency, Ethereum is also the closest to Bitcoin.
With a market cap of $46.8 billion, Ethereum has scaled up from $414 price to $1,323 and
$151.4 billion in market cap and a 219 percent increase in price.
Although Ethereum is an alternative to bitcoin, It can’t get to Bitcoin’s craze and market cap. However, It managed to create buzz for investors.
Without any fraud or interference from third parties, For enabling the deployment of smart contracts and decentralized apps and operated, So far Ethereum has been used.unlike Bitcoin.
The reasons for investors flocking to Ethereum are growing popularity and rising valuation in the market.
One can register to buy an Ethereum with the crypto exchanges such as BuyUCoin, CoinDCX, Unocoin, and more. Aadhaar-linked mobile number is necessary, along with this, KYC or anti-money laundering norms are mandatory For Indian jurisdiction.
To begin trading Ethereum in India with INR currency, One has to verify with Google’s 2-step verification and bank account details to secure his/her Ethereum wallet.
In the market, as a user, One may set monthly or weekly or even daily, also Decide market which you want to trade. With credit and debit cards, UPI, or bank transfers, One can also buy Ethereum,