Category: A-Z Challenge

Polygon is made in India cryptocurrency coin.

Yes, the owners Jaynti Kanani & Sandeep Nailwal started the Polygon network and Matic coin in 2017. The sole purpose of this network is to address multiple limitations on the Ethereum network like high gas fees, throughput, and transaction speed. The MATIC coin is faster than Ethereum and allows users to transact with low gas fees.

Polygon solved problems found in the Ethereum network and got famous themselves. Some users are on the Polygon network launching blockchains, minting NFTs, staking, and more.

What is the MATIC crypto coin?

The MATIC coin is the native currency of the Polygon network. There is a maximum supply of 10 billion MATIC coins. According to coinmarketcap, 7.81 billion coins are in circulation. Similarly, if the circulation reaches maximum supply, we will see the price escalate.

MATIC cryptocurrency coin live price today as of 19^th April 2022:

108 INR – MATIC price in INR

1.41 USD – MATIC price in USD

Why should I buy the MATIC coin?

Here are a few reasons you must consider investing in the MATIC coin.

1. Offers a better and faster platform than Ethereum at lowest the gas fees.

2. The coin is barely INR 108 compared to INR 240,000 Ethereum. Hence, there is a scope for a price rise.

3. Multiple businesses, brands, developers, and artists work on the Polygon network.

4. Finally, for a coin that pumped over 15,000% in 2021, there is tremendous scope for this coin to boost again.

What is the use of the MATIC crypto coin?

Here are a few use cases of this coin that regular investors must know.

1. Paying low fees for transactions on the network.

2. Stake MATIC coins on different platforms to earn interest.

3. Mint, create, trade, and sell NFTs.

4. Create dApps, launch blockchains, become node validators, delegators, and more.

How to buy the MATIC crypto coin in India?

There are many cryptocurrency apps in the market where you can purchase the MATIC coin. However, I believe the best cryptocurrency apps in India are these two platforms that I have been using – Binance and WazirX.

I have read good Binance reviews from customers in India and abroad. Both Binance India and Wazir X are easy-to-use platforms, and I have never faced problems while depositing or withdrawing money.

Here are the basic steps you must follow on each cryptocurrency app.

1. Sign up

2. Add a Bank account

3. KYC verification

4. Deposit INR/USD in your wallet.

5. Start trading

MATIC crypto price prediction:

In 2021, the MATIC coin grew from 1.45 INR to 219 INR, a whopping 15,000% increase. If you invested INR 1,450 and bought 1000 MATIC coins, their value during that year would be INR 219,000.

In 2022, the cryptocurrency market is going through a bear phase. The MATIC coin price now stands at INR 108 today. Hence, price predictions for this are very promising. If you believe in the future of the Polygon network, it can end the year between INR 133 – INR 216 (25 – 100% growth.)

FAQs:

1. Is cryptocurrency legal in India?

Yes, cryptocurrency is legal in India. From 1^st April 2022, if you buy any digital currency, you will incur a 30% + 1% TDS cryptocurrency tax in India.

2. Can the MATIC coin be converted to cash in India?

Yes. You can buy the MATIC crypto coin on multiple currency exchange platforms in India. These platforms support buying the MATIC coin in INR.

3. Is MATIC a good investment?

Yes. With Polygon doing a better job than Ethereum at a lower price, there is a high potential for this coin to grow by 2025.

4. Which is the best research tool for cryptocurrency online trading?

I am a diehard Token Metrics fan. Their ratings and analysis allowed me to uncover hidden crypto gems. For any newbie or experienced professional, having Token Metrics is the best thing possible. If you sign up using my special link, you will get a LIFETIME discount of 10% on all plans.

I’m participating in #BlogchatterA2Z 

To read my posts from the A-Z Challenge from 2015 to 2021, CLICK HERE

With the rise of metaverse and augmented reality, OVR crypto was born. This is an innovative AR platform growing and capturing new users daily. Using a mobile device or smart glass, OVR helps you experience live interactive augmented reality in the real world. This is a super cool investment for the next 5 years.

What is the OVR crypto coin (OVR)?

The OVR crypto coin (OVR) is the native currency of the OVR platform. There is a maximum supply of 110 million OVR coins. According to the OVR website, 28 million coins are in circulation. Similarly, if the circulation reaches maximum supply, we might see the price escalate.

OVR cryptocurrency live price today as of 18^th April 2022:

108 INR – OVR price in INR

1.41 USD – OVR price in USD

Why should I buy the OVR crypto coin?

Here are a few reasons you must consider investing in the OVR coin.

1. Augmented reality and the metaverse is expanding. Getting in right away is the key.

2. Buying OVR land allows you to sell it for a higher price.

3. Publishers and advertisers can use the famous lands to promote their brands.

4. Finally, for a coin that pumped over 4900% in 2021, there is tremendous scope for this coin to boost again.

What is the use of the OVR crypto coin?

Here are a few use cases of this coin that regular investors must know.

1. Paying fees for transactions on the network.

2. Stake OVR coins on different platforms to earn interest.

3. Mint, create, trade, and sell NFTs.

4. Buy OVR land, set up art, virtual gaming, and more is possible.

How to buy the OVR crypto coin in India?

There are many cryptocurrency apps in the market where you can purchase the OVR coin. However, I believe the best cryptocurrency apps in India are these two platforms that I have been using – Binance and WazirX.

I have read good Binance reviews from customers in India and abroad. Both Binance India and Wazir X are easy-to-use platforms, and I have never faced problems while depositing or withdrawing money.

Here are the basic steps you must follow on each cryptocurrency app.

1. Sign up

2. Add a Bank account

3. KYC verification

4. Deposit INR/USD in your wallet.

5. Start trading

OVR crypto price prediction:

In 2021, the OVR coin grew from 5 INR to 253 INR, a whopping 4900% increase. If you invested INR 5,000 and bought 1000 OVR coins, their value during that year would be INR 253,000.

In 2022, the cryptocurrency market is going through a bear phase. The OVR coin price now stands at INR 108 today. Hence, price predictions for this are very promising. If you believe in the future of the OVR crypto, it can end the year between INR 160 – INR 200 (45 – 95% growth.)

FAQs:

1. Is cryptocurrency legal in India?

Yes, cryptocurrency is legal in India. From 1^st April 2022, if you buy any digital currency, you will incur a 30% + 1% TDS cryptocurrency tax in India.

2. Can the OVR coin be converted to cash in India?

Yes. You can buy the OVR crypto coin on multiple currency exchange platforms in India. These platforms support buying the OVR coin in INR.

3. Is OVR a good investment?

Yes. Considering the metaverse and augmented reality in its early stages, this is a coin you must definitely invest in 2022.

4. Which is the best research tool for cryptocurrency online trading?

I am a diehard Token Metrics fan. Their ratings and analysis allowed me to uncover hidden crypto gems. For any newbie or experienced professional, having Token Metrics is the best thing possible. If you sign up using my special link, you will get a LIFETIME discount of 10% on all plans.

I’m participating in #BlogchatterA2Z 

To read my posts from the A-Z Challenge from 2015 to 2021, CLICK HERE

Privacy is very essential in 2022.

It is challenging to maintain privacy in life, work, and finances because of financial fraud. Cryptocurrency and blockchain give you a seamless network where you can transact with zero worries. But Monero takes this one step ahead. You can transact on their network, and none of your records will be visible. Hence, Monero is known as the privacy coin.

What is the Monero coin (XMR)?

The Monero coin (XMR) is the native currency of the Monero network. There is an unlimited supply of this coin. According to coinmarketcap, 18.1 million coins are in circulation.

Monero coin cryptocurrency live price today as of 15^th April 2022:

XMR price in INR – 17,683 INR

XMR price in USD – 232.15 USD

Why should I buy the Monero coin XMR?

Here are a few reasons you must consider investing in the Monero coin.

1. This coin has the third-largest crypto community behind Bitcoin and Ethereum.

2. It is also called digital cash as XMR is readily available to you.

3. It can trap fraudulent transactions because of the cryptographic coding on the network.

4. Finally, for a coin that pumped over 232% in 2021, there is tremendous scope for this coin to boost again.

What is the use of the Monero coin XMR?

Here are a few use cases of this coin that regular investors must know.

1. Transact on this secure network with absolute privacy of your details.

2. Paying fees for transactions on the network.

3. Stake XMR coins on different platforms to earn interest.

How to buy Monero coin XMR in India?

There are many cryptocurrency apps in the market where you can purchase the Monero coin. However, I believe the best cryptocurrency apps in India are these two platforms that I have been using – Binance and WazirX.

I have read good Binance reviews from customers in India and abroad. Both Binance India and Wazir X are easy-to-use platforms, and I have never faced problems while depositing or withdrawing money.

Here are the basic steps you must follow on each cryptocurrency app.

1. Sign up

2. Add a Bank account

3. KYC verification

4. Deposit INR/USD in your wallet.

5. Start trading

Monero coin XMR crypto price prediction:

In 2021, the Monero coin grew from 10900 INR to 36180 INR, a whopping 232% increase. If you invested INR 33000 and bought 3 XMR coins, their value during that year would be INR 109,000.

In 2022, the cryptocurrency market is going through a bear phase. The Monero coin prices have fallen to INR 17683 today. Hence, price predictions have taken a severe hit. However, if you believe in the future of the Monero prices, I see them ending the year between INR 21500 – INR 25,500 (25 – 45% growth.)

FAQs:

1. Is cryptocurrency legal in India?

Yes, cryptocurrency is legal in India. From 1^st April 2022, if you buy any digital currency, you will incur a 30% + 1% TDS cryptocurrency tax in India.

2. Can the Monero coin be converted to cash in India?

Yes. You can buy the XMR coin on multiple currency exchange platforms in India. These platforms support buying the XMR coin in INR.

3. Is Monero worth investing in 2022?

Yes. With the third-largest crypto community and a solid-privacy-themed business, this coin will grow each year.

4. Which is the best research tool for cryptocurrency online trading?

I am a diehard Token Metrics fan. Their ratings and analysis allowed me to uncover hidden crypto gems. For any newbie or experienced professional, having Token Metrics is the best thing possible. If you sign up using my special link, you will get a LIFETIME discount of 10% on all plans.

I’m participating in #BlogchatterA2Z 

To read my posts from the A-Z Challenge from 2015 to 2021, CLICK HERE