There are a wider school of thoughts revolving around validating anything like a store of value. If you see many previous references like US T-Bills or Treasury Bonds, or Gold, they have shown scarcity but stability at the same time to validate as a store of value. No matter whether you talk about gold or currency like fiat, even during the global financial crisis, price steep was not unprecedented, could you say the same for cryptocurrencies like BTC. Though validating itself as digital gold, BTC doesn’t show better fungibility & stability standards. Let’s demonstrate the same through an example.

Alice and Bob are two people collaborating with each other for project completion. Alice gets 1 BTC for the project completion, which was valued at US$10,000 at the time of contract signing. The project took 5 days for completion and on the day of payment, BTC prices skyrocketed to US$15,000 due to an unprecedented event in the cryptosphere. Now, though Alice received 1 BTC as promised, the value has significantly risen. With that said, what if there were over 1 million people like Alice withdrawing funds in BTC from BTC exchange in India. Will the centralized financial system be accommodative of such excruciating pressure of funds on demand? This could likely trigger inflation and disrupt economic functionality. That’s what had happened in the past in Europe when a considerable number of freelancers experienced a great difficulty to withdraw funds from the Bitcoin ATMs when the prices of BTC to USD skyrocketed and the ATMs displayed the message that they do not have sufficient cash around to process their transactions. This brings a lot of speculation with respect to the validating BTC as a store of value. In the absence of fungibility, people can literally dis the currencies and prefer not to accept it as a legal tender and store of value.

That’s what pressed the economies of the world to adopt a community or government-backed asset standardization system termed as fiat money model rather than the Gold Standards backed currency printing model.

Why Bitcoin Fails To Be Categorized As a Store of Value?

BTC To Fiat Trading

Restrictions to enter the system where enough fiat money in cash wouldn’t be available in the system to accommodate rising surges in the demand. Especially during a highly bullish market where everyone wishes to trade in Bitcoin and withdraw the funds at the same time in fiat from BTC trading platforms. That was a case back in 2017 when BTC was at its highest vantage point in market sentiments and money aggregators and transferers like Cashin services in the UK abruptly succumbed to the pressure eliminating chances of instant spot trading. The system demanded users to come back to avail their services within hours that completely eliminated the chances of making profits out of a favourable time of trading. With that said, it completely barred the instant entry and exit mechanism that BTC or Blockchain promises to its users.

Transaction Problem

To validate as a store of value, a currency or a token should show a store of value, medium of exchange and unit of account traits. Unlike all other stores of value equivalent like US$, Gold or Bullion, Bitcoin has shown steep market volatility making it non-suitable for use as a global currency token at various merchant outlets. At the same time, in the absence of a proper regulatory mechanism because of censorship resistance, BTC fails to qualify as a store of value for future use around.

Regulatory Immunity or Deterrence

Choosing to be immune to regulatory compliances or rather averting them since its failure to categorize itself as a commodity or currency raises serious concerns to ensure value-storage happening while using the BTC at trading platforms and retail shops. There’s no guarantee that funds once stolen or defrauded can be recovered back. Even Satoshi Nakamoto said if you lose it, you do not own it at any point in time. There’s no going back to the past records to recover the same. Qualifying as a store of value demands that.

Conclusion

BTC trading platforms must have to be accommodative of the demand and supply and they cannot shut it down as per their whims and fancies to ensure mass adoption. Fiat currencies are no more pegged with Gold or other assets across the world but they have fungibility, velocity and end as a medium of exchange for getting a store of value tag. ITM/OTM equation or In the Money/ Out the Money (ITM/OTM) standardization protocols where different nodes can even earn by routing BTC payments will help establish BTC as a true store of value but there’s a lot to achieve and the lightning network has been working on the same. Till that time, we have to be content with establishing the fact that BTC is just a payment network that ensures faster value transfer across nodes and beyond borders economically.

Visit to Buy Bitcoin in India

Ethereum empowered the blockchain’s adoption that transcended beyond the exchange of value via Bitcoin by deploying decentralized solutions in process management. Whether it was to mitigate complex documentation in the maritime sector or making the supply chain future proof, smart-contracts powered by Ethereum Network have made operations simpler for businesses. One could well say the cliche “ good going Ethereum,” but was that enough? Perhaps, the potent of the Ethereum Network was yet to be explored that  DeFi or Decentralized Financing powered by Dapps brought it to the public after all.


That said, a 400% to 2000% jump in Etherum rates that started with $1 in 2015 shouldn’t surprise you now. If you are new to the cryptocurrency space, it is the right time to buy Ethereum in India since the DeFi market is exploding post the release of over 200 successful projects. Here are five good reasons to visit cryptocurrency exchange in India and invest in Ethereum or ETH. Let’s deep dive without any further ado!


Why Active and Passive Investors Must Consider Ethereum for Their Investment Portfolio in 2020?


A Potential Super World Computer


Smart-contracts, if anyone asks why?  You can show them how Dapps have empowered the DeFi projects by bringing finance close to everyone without regulations using smart-contracts. The Dapps working on a secure Ethereum Network empower a host of functions from securing ownership and copyrights in ERC-777 Smart-Contracts to minting tokens powered by ERC-20 standards to acting like automated market makers. Using the Ethereum Network, a trustless, decentralized ecosystem can be established, which can help you to own properties, stocks, and valuables in other countries without going through a slew of compliances and regulations. The only requirement is a mobile phone and Internet connection to perform various operations from validating, listing to transferring value across the world.



Theory of Tokenization


At present, roughly 40 million people are aware of blockchain, its use cases in the form of digital assets. But in approximately five years down the line, blockchain is expected to grow at a CAGR or Compounded Annual Growth Rate of 67.3%, becoming a US$39.7 billion economy from US$3 billion at present. That being said, the theory of tokenization will be dominant, all-pervasive, and result-driven. Even the World Economic Forum has vouched for blockchain technology where almost 10% of the Global GDP will be stored on DLT or Decentralized Ledger Technology. As a result, it is not far-fetched anticipation that tokenization of everything will simplify operations and prevent economic loss.  Whether it is saving the rights of artists, bringing transparency in real-estate, or verifying education certificates, land records, or luxurious goods, everything will move towards blockchanization or the theory of tokenization.

visit to Buy Ethereum in India

Cryptocurrency is a digital medium of exchange which uses cryptographical functions to conduct financial transactions. They leverage blockchain technology and are decentralized, which means it is not controlled by any central authority. Transparency is also maintained while the transaction processes between two parties.

The crypto industry is expanding in every sphere of the world. It can be traded anytime, anywhere on digital platforms. Today, these coins have become a global phenomenon known to most people. There are multiple cryptocurrencies in the world. Because bitcoin was the first, it got all the publicity, but it competes against dozens of altcoins like Litecoins these days.

WHAT IS LITECOIN?

Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one.

Litecoin, which aims to be the “Silver to Bitcoin’s Gold”, is the seventh-largest crypto. Just like its contemporaries, LTC functions in one sense as an online payment system. Users can use it to transfer currency to one another just like a bank's online network, but instead of using INR or US Dollar, transactions are done using units of LTC. In the current market, LTC prices are very low than that of BTC.

Litecoin, which holds the 7th rank in the cryptocurrency market, is a peer-to-peer cryptocurrency and is entirely decentralized. It is increasingly accepted in the market. This is why the demand for this coin has been on the rise. Ever since the COVID pandemic came, there has been increased investment in the crypto market and so as the number of exchanges especially in India.

In India, there are many cryptocurrency exchanges. However, when talking about the best, PCEX Member, WazirX, CoinDCX are the few. These exchanges take the center stage in the Indian crypto market. However, when it comes to the security of your investment, you have to look for a reliable and renowned exchange to buy litecoin in USD with confidence.


INR MARKET

INR Market is available on almost all the cryptocurrency exchanges in India. Through this market, traders can purchase and sell LTC in INR. Most of the Indian traders choose the INR market to trade as it is easy for them and they can cash out their cryptocurrency in INR.

USDT MARKET

USDT(Tether) is a stable coin that aims to keep cryptocurrency valuations stable that is pegged to different fiat currencies. USDT is pegged to the US Dollar and other fiat currencies like Euros and Japanese Yen. It is issued by the company known as Tether. This allows it to be used as a medium of exchange and a mode of storage of value, without the need for traditional fiat currency regulation. On PCEX Member exchange platform, traders can purchase and sell LTC with USDT. However, to do so, they must have Tether in their account.

C2USD MARKET

C2USD is another stable coin on PCEX Member that users can choose to buy LTC. Through C2USD, traders on PCEX Member can purchase Litecoin.

USD MARKET

Litecoin to USD is the best coin pair for national as well as international users. One can easily buy LTC in the USD market on PCEX Member. LTC/USD is widely traded throughout the world as USD is considered a global currency. However, the options to buy & sell LTC with USD are available on only a few crypto trading platforms in India. So, it would be suggested to make sure that the platform you are going to choose to buy LTC with USD offers this option or not.

HOW TRADE LITECOIN ON PCEX MEMBER USING USD?

You can buy Litecoin at any exchange platform that support the cryptocurrency. In India, many exchanges support LTC trade as an option. It is advised to research thoroughly about the policies and LTC prices across different crypto trading platforms. Look for platforms which :

Provides security to the account and the custody of digital wallets is given to clients.
Major and convenient modes of payment to purchase crypto in India.
Receiving and transferring of cryptos instantly
Have the lowest maker and taker charges
Responsive & effective customer support and dedicated Indian community on Telegram/Twitter/Facebook for Indian users
The spot to futures market options, with great liquidity to trade your purchased crypto. One can easily create an account on any trading platform in India. Let’s take an example of PCEX Member, which is one of the most prominent crypto trading platforms in India. With zero makers and taker fee, this exchange platform provides full custody of digital wallets to their clients. To trade LTC in USD follow the mentioned steps
 
Head over to exchange and create an account

Complete KYC and ID Verification and add your bank details from which you want to deposit funds.
Deposit money in the account using UPID/ Debit Card/ Wallets and Net Banking.
Go to the main page and select the cryptocurrency USD
Select your coin pair, fill in the required details, and click on the buy button.
And the purchase has been done!

These are some of the options available to buy LTC in India. If you are considering buying it for the first time, it would be great to look for a reliable and easy to use coin trading platform to buy this valuable asset with confidence. If you are looking for the one, you should look no further than

There are a wider school of thoughts revolving around validating anything like a store of value. If you see many previous references like US T-Bills or Treasury Bonds, or Gold, they have shown scarcity but stability at the same time to validate as a store of value. No matter whether you talk about gold or currency like fiat, even during the global financial crisis, price steep was not unprecedented, could you say the same for cryptocurrencies like BTC. Though validating itself as digital gold, BTC doesn’t show better fungibility & stability standards. Let’s demonstrate the same through an example.

Alice and Bob are two people collaborating with each other for project completion. Alice gets 1 BTC for the project completion, which was valued at US$10,000 at the time of contract signing. The project took 5 days for completion and on the day of payment, BTC prices skyrocketed to US$15,000 due to an unprecedented event in the crypto sphere. Now, though Alice received 1 BTC as promised, the value has significantly risen. With that said, what if there were over 1 million people like Alice withdrawing funds in BTC from BTC exchange in India. Will the centralized financial system be accommodative of such excruciating pressure of funds on demand? This could likely trigger inflation and disrupt economic functionality. That’s what had happened in the past in Europe when a considerable number of freelancers experienced a great difficulty to withdraw funds from the Bitcoin ATMs when the prices of BTC to USD skyrocketed and the ATMs displayed the message that they do not have sufficient cash around to process their transactions. This brings a lot of speculation with respect to the validating BTC as a store of value. In the absence of fungibility, people can literally dis the currencies and prefer not to accept it as a legal tender and store of value.

That’s what pressed the economies of the world to adopt a community or government-backed asset standardization system termed as fiat money model rather than the Gold Standards backed currency printing model.

Why Bitcoin Fails To Be Categorized As a Store of Value?

BTC To Fiat Trading

Restrictions to enter the system where enough fiat money in cash wouldn’t be available in the system to accommodate rising surges in the demand. Especially during a highly bullish market where everyone wishes to trade in Bitcoin and withdraw the funds at the same time in fiat from BTC trading platforms. That was a case back in 2017 when BTC was at its highest vantage point in market sentiments and money aggregators and transferers like Cashin services in the UK abruptly succumbed to the pressure eliminating chances of instant spot trading. The system demanded users to come back to avail their services within hours that completely eliminated the chances of making profits out of a favourable time of trading. With that said, it completely barred the instant entry and exit mechanism that BTC or Blockchain promises to its users.

Transaction Problem

To validate as a store of value, a currency or a token should show a store of value, medium of exchange and unit of account traits. Unlike all other stores of value equivalent like US$, Gold or Bullion, Bitcoin has shown steep market volatility making it non-suitable for use as a global currency token at various merchant outlets. At the same time, in the absence of a proper regulatory mechanism because of censorship resistance, BTC fails to qualify as a store of value for future use around.

Regulatory Immunity or Deterrence

Choosing to be immune to regulatory compliances or rather averting them since its failure to categorize itself as a commodity or currency raises serious concerns to ensure value-storage happening while using the BTC at trading platforms and retail shops. There’s no guarantee that funds once stolen or defrauded can be recovered back. Even Satoshi Nakamoto said if you lose it, you do not own it at any point in time. There’s no going back to the past records to recover the same. Qualifying as a store of value demands that.

Conclusion

BTC trading platforms must have to be accommodative of the demand and supply and they cannot shut it down as per their whims and fancies to ensure mass adoption. Fiat currencies are no more pegged with Gold or other assets across the world but they have fungibility, velocity and end as a medium of exchange for getting a store of value tag. ITM/OTM equation or In the Money/ Out the Money (ITM/OTM) standardization protocols where different nodes can even earn by routing BTC payments will help establish BTC as a true store of value but there’s a lot to achieve and the lightning network has been working on the same. Till that time, we have to be content with establishing the fact that BTC is just a payment network that ensures faster value transfer across nodes and beyond borders economically.

visit to Buy Bitcoin in India

Online crypto trading platform to buy & sell all mainstream cryptocurrencies

Online crypto trading platform to buy & sell all mainstream cryptocurrencies
The PCEX Member app is the best class trading app, enabling traders or investors to buy, sell, or trade digital assets on the go, which is a must especially when trading in the most volatile market in the world.
Designed with the most advanced techniques and tools, PCEX Member app is a user-friendly, safe, and secure mobile application, loaded with a lot of cutting-edge features and services that make crypto trading a great experience. Whether you are a first time trader or seasoned investor, we make it easy for everyone to get started and trade in all mainstream cryptocurrencies with confidence.
Why will you love using the PCEX Member trading app?

50+ trading pairs:

Buy, sell, or trade-in more than 50 trading pairs with the blink of your eyes using the open order book in the spot market.

Instant INR Deposit & Withdraw:

You can instantly deposit & withdraw INR using bank account, credit card, debit card, UPI, and wallets to buy, sell, or trade major cryptocurrencies like BTC, LTC, ETH, DASH, XMR, USDT, FCC, C2USD, etc in the INR market.

Instant KYC:

Upload all the required documents to complete the KYC process and start enjoying trading on our platform in less than 5 minutes.

Lightning Speed Transactions:

PCEX Member app can handle millions of orders in seconds. This means that now you can buy, sell, or make any cryptocurrency your own in a single tap.

Multiple Futures Contracts:


From mini Bitcoin contracts to bigger contracts, multiple lot sizes are available in the futures market to cater traders of all levels.

Instant Price Alerts:

Instant price alerts to make sure that traders will not miss even a single pump and dump and make a smart decision at the right time.

Knowledge Center:

Get access to the latest market updates, know the latest announcements, and broaden your knowledge about crypto trading using our knowledge center.

Advanced Charts:

Advanced candlestick price and volume charts to help you understand the market trends and know the real-time price of all mainstream cryptocurrencies to make smart investment decisions.

Smart Swap:

Get access to the spot and futures crypto market in the palm of your hand and swap between them whenever you want.

24/7 Customer Support:

We value our customers. Whether you are a beginner or a longtime user, we are here for your help through our 24/7 live chat support services.

World-class Security:

Your security is our utmost priority. We employ a 5 layers security model which leaves out just 1 in a billion chances of your account being compromised.

About PCEX Member

PCEX Member is one of the crypto brokers in India that offers traders an opportunity to buy crypto with INR directly using their bank accounts, net banking, wallets, UPI, credit cards, and debit cards. PCEX Member has also become one of the coin trade platforms in India that do not have any deposit and withdrawal fees. Moreover, it is the only cryptocurrency exchange in the world that enables traders to buy & sell futures contracts in lot sizes. Introduced by PCEX, an Estonia-based cryptocurrency exchange, PCEX Member has currently 30+ physical offices in India and it has introduced its own unique franchise business model to help enterprises and individuals in achieving financial prosperity by being part of today’s great crypto revolution.
visit to Install app : https://play.google.com/store/apps/details?id=com.panaeshacapital.pcex

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?

A crypto-broking franchise or a sub-broker could be an individual or financial institution/company acting as franchise businesses  that are authorized by the main trading broker or whales to perform bitcoin trading on their exchange on behalf of their customers and earn commission out of it. They are essential in bringing liquidity to the exchange and in doing so, they make trading efficient, profitable, and recurring always.

Why is the Need to Introduce Franchise Broker in Crypto-currency Exchange?

Optimum Liquidity

What would you say to a scenario when there are 3 good shops at a significant distance from one another but customers are choosing stuff from just one shop? It could be good, bad, or worse based on the price the shop charges, but you can do the evaluation only when you can compare and distribute the resources equally with other shops in the vicinity. That’s what the crypto-broking franchises do in India. The crypto-currency broker franchise registers with multiple exchanges and they analyze the prices via demand and supply and fix prices accordingly. So, the volatility of the market is getting mitigated by their presence.

Low Slippage and Optimum Spread Fees

Most investors and traders think that those exchanges with low value will give them more incentive to bring liquidity to the exchange, but the reality is the opposite. A low liquidity exchange means higher slippage and spread fees. With the crypto-broking franchise business, the ability to  analyze the market and figure out in which exchange traders can get maximum liquidity gets simplified. In the process, they can distribute the buy-sell orders enabling lower slippage and rational spread fees to increase the profitability of the traders.

Better Pair Trading

A crypto broker franchise can broaden the reach of trading in multiple digital assets; thereby, broadening the scope of the investment portfolio. With most of the exchanges, the absence of trading in multiple pairs increases the slippage charges and higher fees in the form of spread. Cryptocurrency franchise broker add-in the  liquidity to the exchange on their own, diversifying the investment portfolio of the traders. Hence, along with lower slippage and spread fees, the traders are also able to get a diversified portfolio of investment that they can invest in with the help of the crypto-broking franchise in India. Most of the bitcoin trading platforms have collaborated with cryptocurrency broking franchises to facilitate liquidity, benefits, and high returns for long term sustainability of the exchange.

What is the Benefit of the Crypto-broking Franchise?
The crypto-broking franchise often acts as the market-maker and for their role of bringing liquidity they have to pay very little transaction fees. The difference in the transaction fees or also known as the maker-taker fee gap is the incentivize that they get while acting as a crypto-broking franchise. On account of playing the role of  liquidity injectors to the exchange via asset diversification, they can trade in considerable volume in asset diversification bringing considerable profits which even though are just  0.2%  or 0.3% of the trade volume, but make up a lion’s share for the broker’s regular income portfolio.

How Can you Earn By Being a Crypto-Franchise Broking Firm in India?

Anyone can be the crypto-franchise broker or broking firm  based on their scale of investments and profitability that they wish to achieve. Whosoever is either looking for a passive income or active yield making portfolio, they can enroll with any cryptocurrency exchange like PCEX Member and opt for being their crypto-franchise broker. Their key role will be to bring liquidity to the exchange by attracting traders who are willing to invest in cryptocurrencies like Bitcoin on the bitcoin trading platform. In the process, they can get commission and earn consistently by improving the volume of trade at the exchanges.  The earnings of the brokers are settled as and when required to ensure higher liquidity in the hands of the broker.

Ethereum empowered the blockchain’s adoption that transcended beyond the exchange of value via Bitcoin by deploying decentralized solutions in process management. Whether it was to mitigate complex documentation in the maritime sector or making the supply chain future proof, smart-contracts powered by Ethereum Network have made operations simpler for businesses. One could well say the cliche “ good going Ethereum,” but was that enough? Perhaps, the potent of the Ethereum Network was yet to be explored that  DeFi or Decentralized Financing powered by Dapps brought it to the public after all.

That said, a 400% to 2000% jump in Etherum rates that started with $1 in 2015 shouldn’t surprise you now. If you are new to the cryptocurrency space, it is the right time to buy Ethereum in India since the DeFi market is exploding post the release of over 200 successful projects. Here are five good reasons to visit cryptocurrency exchange in India and invest in Ethereum or ETH. Let’s deep dive without any further ado!

Why Active and Passive Investors Must Consider Ethereum for Their Investment Portfolio in 2020?

A Potential Super World Computer

Smart-contracts, if anyone asks why?  You can show them how Dapps have empowered the DeFi projects by bringing finance close to everyone without regulations using smart-contracts. The Dapps working on a secure Ethereum Network empower a host of functions from securing ownership and copyrights in ERC-777 Smart-Contracts to minting tokens powered by ERC-20 standards to acting like automated market makers. Using the Ethereum Network, a trustless, decentralized ecosystem can be established, which can help you to own properties, stocks, and valuables in other countries without going through a slew of compliances and regulations. The only requirement is a mobile phone and Internet connection to perform various operations from validating, listing to transferring value across the world.


Theory of Tokenization

At present, roughly 40 million people are aware of blockchain, its use cases in the form of digital assets. But in approximately five years down the line, blockchain is expected to grow at a CAGR or Compounded Annual Growth Rate of 67.3%, becoming a US$39.7 billion economy from US$3 billion at present. That being said, the theory of tokenization will be dominant, all-pervasive, and result-driven. Even the World Economic Forum has vouched for blockchain technology where almost 10% of the Global GDP will be stored on DLT or Decentralized Ledger Technology. As a result, it is not far-fetched anticipation that tokenization  of everything will simplify operations and prevent economic loss.  Whether it is saving the rights of artists, bringing transparency in real-estate, or verifying education certificates, land records, or luxurious goods, everything will move towards blockchanization or the theory of tokenization.



Uncensored App Demand

Most social media platforms and other forums are under the influence of the government or private players  to run their own agenda and hide things that do not fulfill their greater good. This doesn’t just happen at a macro level like countries but even by corporates to hide their public shaming issues. In countries like China, where most of the information has to pass through government filter, the deep inroads of decentralized ledger technology will help the public usher in the age of getting the right to be informed always. A lot of misconducts like sexual violence in college, university bad records are not made available to the public, blockchain platform powered by the Ethereum Network will pave the way for a trustless and censorless environment, where people will have the right to know everything and that can happen only when everything is stored in a trustless, decentralized ledger system, the best part is no one can shut it down to fulfill their own agenda. Therefore, individuals can extract necessary data as and when required to influence critical rationale to eliminate false agendas or bad influences tailored to serve vile purposes. While buying Ethereum from any cryptocurrency exchange in India, you will bolster the scope of further scalability of the network to grow and thrive, in the process, incentivizing you for your investments.


A Greater Scope for Innovation

Almost 1 billion people across the world are unbanked or face challenges to wire themselves to the banking network, their key obstacles: Regulations and stricter policies. Ethereum has almost brought a storm with the DeFi projects where anyone can participate in the banking system which is completely decentralized and get benefits of consistent return from the same. The same goes for registering art or minting tokens for value exchange. The scope has been broadening with the passage of time and the launch of Ethereum 2.0 which will further open the scope for innovation. Smart-contracts have completely simplified lending, borrowing, collateralization, derivative-trading, and other functions.  With the demand for  DeFi projects rising exponentially where the market cap rose from US$1 billion in April 2020 to US$15 billion in September, a span of just 5 months, it is hard to deny that more innovations likely in the future will drive the demand for the network and push the value of ETH in the near future to the sky.

Diversification of Application

Bitcoin just remained as a currency for exchange, but Ethereum has gone past that via smart-contracts. With the power of smart-contracts, people have changed the question from “is it on the blockchain” to “why it is not on the blockchain.” That said, the scope for blockchain integration in various sectors has increased manifolds allowing better chances of the technology to evolve from early adoption to majority dominance.


Conclusion
Ethereum’s persistent growth has brought economic incentivization to the community and with threats from alternative networks like Polkadot and Avalance, often hailed as “ETH killers”, this supercomputing network is expected to bring greater advancements, innovations, and scalability solutions to support and strengthen investment for the near future. Hence, buying Ethereum in India wouldn’t be a bad choice after all.