{"id":3504,"date":"2017-12-11T12:28:12","date_gmt":"2017-12-11T06:58:12","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=3504"},"modified":"2022-02-02T16:22:48","modified_gmt":"2022-02-02T10:52:48","slug":"professional-updates","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/professional-updates\/","title":{"rendered":"Most Popular Top-Rated Cryptocurrency in the Word"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69eccebb9d990\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69eccebb9d990\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#WHAT_ARE_THE_TOP-RATED_CRYPTOCURRENCY\" title=\"WHAT ARE THE TOP-RATED CRYPTOCURRENCY\">WHAT ARE THE TOP-RATED CRYPTOCURRENCY<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#Read_more_Basic_Concept_of_Bitcoin_Taxation_in_India\" title=\"Read more :\u00a0Basic Concept of Bitcoin Taxation in India\">Read more :\u00a0Basic Concept of Bitcoin Taxation in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#BEST_ONE_TO_BUY\" title=\"BEST ONE TO BUY\">BEST ONE TO BUY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#MOST_POPULAR_TOP-RATED_CRYPTOCURRENCY_IN_THE_WORD\" title=\"MOST POPULAR TOP-RATED CRYPTOCURRENCY IN THE WORD\">MOST POPULAR TOP-RATED CRYPTOCURRENCY IN THE WORD<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#BITCOIN_VS_OTHER_MAJOR_CRYPTOCURRENCIES\" title=\"BITCOIN VS OTHER MAJOR CRYPTOCURRENCIES\">BITCOIN VS OTHER MAJOR CRYPTOCURRENCIES<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#BEST_CRYPTOCURRENCY_EXCHANGES\" title=\"BEST CRYPTOCURRENCY EXCHANGES\">BEST CRYPTOCURRENCY EXCHANGES<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#COMPARISON_OF_BEST_CRYPTOCURRENCY_EXCHANGES\" title=\"COMPARISON OF BEST CRYPTOCURRENCY EXCHANGES\">COMPARISON OF BEST CRYPTOCURRENCY EXCHANGES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#25_types_of_cryptocurrencies_that_arent_bitcoin\" title=\"25 types of cryptocurrencies that aren\u2019t bitcoin:\">25 types of cryptocurrencies that aren\u2019t bitcoin:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/professional-updates\/#CRYPTOCURRENCIES_TAXATION\" title=\"CRYPTOCURRENCIES TAXATION\">CRYPTOCURRENCIES TAXATION<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-15203\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/CHOICE-BETWEEN-BITCOIN-AND-ALTCOINS-300x93.png\" alt=\"CHOICE BETWEEN BITCOIN AND ALTCOINS\" width=\"823\" height=\"255\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/CHOICE-BETWEEN-BITCOIN-AND-ALTCOINS-300x93.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/CHOICE-BETWEEN-BITCOIN-AND-ALTCOINS.png 402w\" sizes=\"(max-width: 823px) 100vw, 823px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"WHAT_ARE_THE_TOP-RATED_CRYPTOCURRENCY\"><\/span><span style=\"color: #ff0000;\"><strong>WHAT ARE THE TOP-RATED CRYPTOCURRENCY<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000080;\"><strong>BRIEF INTRODUCTION<\/strong><\/span><\/p>\n<ul>\n<li>Cryptocurrencies have been highly popular in recent years as a result of several governments deciding to regulate them, and a lot of companies in India are now providing exchange and wallet services (although not yet regulated).<\/li>\n<li>Some time back, had not Ethereum be launched, Bitcoin would have been worth only 0.4% of the value it provides today. <a href=\"https:\/\/www.caindelhiindia.com\/blog\/the-top-ten-fastest-growing-cryptocurrencies-in-2021\/\">Cryptocurrency <\/a>is basically a virtual or digital money, taking shape of tokens or \u201ccoins.\u201d<\/li>\n<\/ul>\n<ul>\n<li>While some cryptocurrencies have ventured into the physical world with credit cards or other projects,\u00a0the large\u00a0majority remain entirely intangible.<\/li>\n<li>The word \u201ccrypto\u201d in cryptocurrencies refers to complicated cryptography, which permits\u00a0the creation and processing of digital currencies and the transactions are made using decentralized systems.<\/li>\n<li>Alongside this important \u201ccrypto\u201d feature\u00a0of those\u00a0currencies\u00a0could be a\u00a0common commitment to decentralization; cryptocurrencies are typically developed as code by teams who\u00a0incorporate\u00a0mechanisms for issuance (often, although not always, through a process called \u201cmining\u201d) and other controls.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Read_more_Basic_Concept_of_Bitcoin_Taxation_in_India\"><\/span><strong><em><u>Read more :<\/u><\/em><\/strong><u>\u00a0<\/u><strong><em><u><a href=\"https:\/\/carajput.com\/blog\/basic-concept-of-bitcoin-taxation-in-indian\/\">Basic Concept of Bitcoin Taxation in India<\/a><\/u><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Cryptocurrencies have been\u00a0designed in order to make a system free from government manipulation and control.<\/li>\n<li>All the currencies having modeled after Bitcoin, have been collectively called as altcoins, and also as \u201cshitcoins\u201d, and have often been presented as modified or improved versions of Bitcoin.<\/li>\n<li>Even though some of these currencies have some impressive features over and above Bitcoin, matching the sought of security which the Bitcoin\u2019s networks achieve largely, is yet to be seen by an altcoin.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-17921\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/Master-212x300.jpg\" alt=\"\" width=\"629\" height=\"890\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/Master-212x300.jpg 212w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/Master.jpg 635w\" sizes=\"(max-width: 629px) 100vw, 629px\" \/><\/p>\n<p>Below, we\u2019ll examine\u00a0a number of\u00a0the most\u00a0important digital currencies\u00a0apart from\u00a0Bitcoin.<\/p>\n<ul>\n<li>First, though, a caveat:\u00a0it&#8217;s\u00a0impossible for\u00a0a listing\u00a0like this to be entirely comprehensive.<\/li>\n<li>One reason for\u00a0this can be\u00a0the very fact\u00a0that there are\u00a0quite\u00a04,000 cryptocurrencies\u00a0existing\u00a0as of January 2021.<\/li>\n<li>Even though, many of the\u00a0cryptos have nothing to do with trading volume, most of them enjoy immense popularity along with dedicated communities of backers and investors.<\/li>\n<li>Beyond that, the sector of cryptocurrencies is usually expanding, and also the next great digital token is also released tomorrow.<\/li>\n<li>While Bitcoin is widely seen as a pioneer within the world of cryptocurrencies, analysts adopt many approaches for evaluating tokens aside from BTC.<\/li>\n<li>It is commonly seen on the part of the analysts to have a good deal of importance in ranking coins relative to 1 another, based on their market capitalisation.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"BEST_ONE_TO_BUY\"><\/span><span style=\"color: #ff0000;\"><strong>BEST ONE TO BUY<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Want\u00a0to leap\u00a0straight to the answer?\u00a0The most effective\u00a0and revenue generating cryptocurrencies for the year 2021 are Bitcoin, Ethereum, Polygon, Stellar, Cardano and Chainlink. Bitcoin,\u00a0being the foremost\u00a0well-known\u00a0cryptocurrency, appreciated over 1,300% in 2017.<\/li>\n<li>However,\u00a0there were few other cryptocurrencies which outperformed Bitcoin. As per the Tally, with gains\u00a0starting from\u00a03,300% up to Ripple\u2019s astounding 36,000% gain during\u00a0the same\u00a0period of time.<\/li>\n<li>Typically, altcoins are higher risk investments\u00a0compared\u00a0to Bitcoin, but they often provide higher returns\u00a0in an exceedingly\u00a0market. On the other hand, altcoins tend to depreciate faster in case of a bear market. Here a list of\u00a0the most effective\u00a0cryptocurrencies for the year 2021 &#8211;\n<ul>\n<li>Best Store of Value: Bitcoin (BTC)<\/li>\n<li>Holds Most Market Enthusiasm: Ethereum (ETH)<\/li>\n<li>Most Promising One with a Layer 2 Token: Polygon (MATIC)<\/li>\n<li>Best Hedge Against ETH: Cardano (ADA)<\/li>\n<li>Highest Growth Potential: Chainlink (LINK)<\/li>\n<li>Best Payment Solution: Stellar Lumens (XLM)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"MOST_POPULAR_TOP-RATED_CRYPTOCURRENCY_IN_THE_WORD\"><\/span><span style=\"color: #ff0000;\"><strong>MOST POPULAR TOP-RATED CRYPTOCURRENCY IN THE WORD<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-17918\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/MOST-POPULAR-TOP-RATED-CRYPTOCURRENCY-IN-THE-WORD.jpeg\" alt=\"MOST POPULAR TOP RATED CRYPTOCURRENCY IN THE WORD\" width=\"832\" height=\"466\" \/><\/p>\n<p><span style=\"color: #000080;\"><strong>COMPARISON TABLE-\u00a0<\/strong><\/span>The following table shows a comparison between cryptocurrencies.<\/p>\n<table width=\"100%\">\n<tbody>\n<tr>\n<td width=\"28%\"><span style=\"color: #ff9900;\"><strong>BASIS OF DIFFERENCE<\/strong><\/span><\/td>\n<td width=\"9%\"><span style=\"color: #ff9900;\"><strong>BITCOIN (BTC)<sup>1<\/sup><\/strong><\/span><\/td>\n<td width=\"9%\"><span style=\"color: #ff9900;\"><strong>BITCOIN CASH (BCH)<sup>1<\/sup><\/strong><\/span><\/td>\n<td width=\"11%\"><span style=\"color: #ff9900;\"><strong>ETHER (ETH)<sup>1<\/sup><\/strong><\/span><\/td>\n<td width=\"9%\"><span style=\"color: #ff9900;\"><strong>LITECOIN (LTC)<sup>1<\/sup><\/strong><\/span><\/td>\n<td width=\"11%\"><span style=\"color: #ff9900;\"><strong>EOS (EOS)<sup>3<\/sup><\/strong><\/span><\/td>\n<td width=\"11%\"><span style=\"color: #ff9900;\"><strong>STELLAR (XLM)<sup>4<\/sup><\/strong><\/span><\/td>\n<td width=\"9%\"><span style=\"color: #ff9900;\"><strong>NEO (NEO)<sup>5<\/sup><\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">LAUNCH<\/td>\n<td width=\"9%\">2009<\/td>\n<td width=\"9%\">2017<\/td>\n<td width=\"11%\">2015<\/td>\n<td width=\"9%\">2011<\/td>\n<td width=\"11%\">2018<\/td>\n<td width=\"11%\">2014<\/td>\n<td width=\"9%\">2014<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">CIRCULATING SUPPLY<\/td>\n<td width=\"9%\">&gt;17 MILLION<\/td>\n<td width=\"9%\">&gt;17 MILLION<\/td>\n<td width=\"11%\">&gt;102 MILLION<\/td>\n<td width=\"9%\">&gt;58 MILLION<\/td>\n<td width=\"11%\">&gt;906 MILLION<\/td>\n<td width=\"11%\">&gt;18 BILLION<\/td>\n<td width=\"9%\">65 MILLION<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">MAXIMUM SUPPLY<\/td>\n<td width=\"9%\">21 MILLION<\/td>\n<td width=\"9%\">21 MILLION<\/td>\n<td width=\"11%\">NO UPPER LIMIT<\/td>\n<td width=\"9%\">84 MILLION<\/td>\n<td width=\"11%\">NO UPPER LIMIT<\/td>\n<td width=\"11%\">NO UPPER LIMIT<\/td>\n<td width=\"9%\">100 MILLION<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">CURRENT MINING\/RELEASE RATE<\/td>\n<td width=\"9%\">12.5 PER BLOCK<\/td>\n<td width=\"9%\">12.5 PER BLOCK<\/td>\n<td width=\"11%\">3 PER BLOCK<\/td>\n<td width=\"9%\">25 PER BLOCK<\/td>\n<td width=\"11%\">UP TO 5% INFLATION PER YEAR<\/td>\n<td width=\"11%\">UP TO 1% INFLATION PER YEAR<\/td>\n<td width=\"9%\">UP TO 15 MILLION PER YEAR<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">TRANSACTIONS PER SECOND<br \/>\n(MAXIMUM)<\/td>\n<td width=\"9%\">7<\/td>\n<td width=\"9%\">60<\/td>\n<td width=\"11%\">20<\/td>\n<td width=\"9%\">56<\/td>\n<td width=\"11%\">2800<\/td>\n<td width=\"11%\">1000<\/td>\n<td width=\"9%\">1000<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">NETWORK<\/td>\n<td width=\"9%\">N\/A<\/td>\n<td width=\"9%\">N\/A<\/td>\n<td width=\"11%\">ETHEREUM<\/td>\n<td width=\"9%\">N\/A<\/td>\n<td width=\"11%\">EOS.IO<\/td>\n<td width=\"11%\">STELLAR<\/td>\n<td width=\"9%\">NEO<\/td>\n<\/tr>\n<tr>\n<td width=\"28%\">BLOCK TIME (APPROXIMATE)<\/td>\n<td width=\"9%\">10 MINUTES<\/td>\n<td width=\"9%\">10 MINUTES<\/td>\n<td width=\"11%\">15 SECONDS<\/td>\n<td width=\"9%\">2 MINUTES 30 SECONDS<\/td>\n<td width=\"11%\">0.5 SECONDS<\/td>\n<td width=\"11%\">5 SECONDS<\/td>\n<td width=\"9%\">15 SECONDS<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"BITCOIN_VS_OTHER_MAJOR_CRYPTOCURRENCIES\"><\/span><span style=\"color: #000080;\"><strong>BITCOIN VS OTHER MAJOR CRYPTOCURRENCIES<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Cryptocurrencies are virtual currencies which operate independently of banks and governments but can still be exchanged \u2013 or speculated on \u2013\u00a0rather like\u00a0any physical currency.<\/li>\n<li>Launched in 2009, <a href=\"https:\/\/carajput.com\/blog\/basic-concept-of-bitcoin-taxation-in-indian\/\">bitcoin<\/a> was\u00a0the primary\u00a0decentralized cryptocurrency. Since then, thousands more cryptocurrencies,\u00a0called\u00a0altcoins, have launched.<\/li>\n<li>While bitcoin remains the market leader, cryptocurrencies including bitcoin cash, bitcoin gold, ether, Litecoin, ripple, EOS, stellar (XLM) and NEO could challenge\u00a0within the\u00a0future\u00a0thanks to\u00a0rising demand, expanded applications, and technological advances.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"BEST_CRYPTOCURRENCY_EXCHANGES\"><\/span><span style=\"color: #ff9900;\"><strong>BEST CRYPTOCURRENCY EXCHANGES<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Some of the great cryptocurrency exchanges, suitable for beginner investors, are Coinbase, Robinhood, eToro and Gemini.<\/li>\n<li>While Robinhood\u00a0could be a\u00a0sensible choice\u00a0if you already use the platform for stocks, the exchange doesn\u2019t\u00a0allow you to\u00a0send or receive crypto on the app, limiting what\u00a0you&#8217;ll\u00a0do\u00a0together with your\u00a0investment.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"COMPARISON_OF_BEST_CRYPTOCURRENCY_EXCHANGES\"><\/span><span style=\"color: #000080;\"><strong>COMPARISON OF BEST CRYPTOCURRENCY EXCHANGES<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td><span style=\"color: #ff9900;\"><strong>COMPANY<\/strong><\/span><\/td>\n<td><span style=\"color: #ff9900;\"><strong>FEES<\/strong><\/span><\/td>\n<td><span style=\"color: #ff9900;\"><strong>CURRENCIES<\/strong><\/span><\/td>\n<td><span style=\"color: #ff9900;\"><strong>SECURITY<\/strong><\/span><\/td>\n<td><span style=\"color: #ff9900;\"><strong>SUPPORTIVE TRANSACTIONS<\/strong><\/span><\/td>\n<td><span style=\"color: #ff9900;\"><strong>LIMIT ON TRADE &amp; TRANSFER<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td>COINBASE<br \/>\nBEST OVERALL<\/td>\n<td>$0.99 TO $2.99 (COINBASE), UP TO 0.50% (COINBASE PRO)<\/td>\n<td>64<\/td>\n<td>INTEGRATED<br \/>\nONLINE CRYPTO WALLET<\/td>\n<td>MARKET, LIMIT, STOP<\/td>\n<td>NO MAX<\/td>\n<\/tr>\n<tr>\n<td>CASH APP<br \/>\nBEST FOR BEGINNERS<\/td>\n<td>VARY<\/td>\n<td>1<\/td>\n<td>INTEGRATED STORAGE<\/td>\n<td>MARKET<\/td>\n<td>WEEKLY SEND\/RECEIVE LIMIT $7,500<\/td>\n<\/tr>\n<tr>\n<td>BINANCE US<br \/>\nBEST FOR ALTCOINS<\/td>\n<td>0.012% TO 0.1%<\/td>\n<td>HUNDREDS<\/td>\n<td>INTEGRATED<br \/>\nONLINE CRYPTO WALLET<\/td>\n<td>MARKET LIMIT, STOP LIMIT<\/td>\n<td>VARIES BY CURRENCY<\/td>\n<\/tr>\n<tr>\n<td>BISQ<br \/>\nBEST DECENTRALIZED EXCHANGE<\/td>\n<td>0.05% TO 0.70%<\/td>\n<td>63<\/td>\n<td>OPEN SOURCE AND DECENTRALIZED EXCHANGE<\/td>\n<td>MARKET<\/td>\n<td>VARIES<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>We recommend Coinbase &amp; Binance US to those just starting\u00a0enter\u00a0cryptocurrency.<\/li>\n<li>The platform is arguably\u00a0the foremost\u00a0secure\u00a0thanks to\u00a0purchase cryptocurrency,\u00a0and also the\u00a0user interface\u00a0is simple\u00a0and easy\u00a0to find out.<\/li>\n<li>Apart from this, Coinbase\u00a0contains a\u00a0unique cryptocurrency conversion feature, which helps in swapping between altcoins on its exchange\u00a0free. It also supports all 6 of\u00a0the simplest\u00a0cryptocurrencies on this list.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"25_types_of_cryptocurrencies_that_arent_bitcoin\"><\/span><span style=\"color: #000080;\">25 types of cryptocurrencies that aren\u2019t bitcoin:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Ethereum\u00a0(ETH)<\/li>\n<li>Bitcoin\u00a0(BTC)<\/li>\n<li>XRP\u00a0(XRP)<\/li>\n<li>Stellar\u00a0(XLM)<\/li>\n<li>Cardano\u00a0(ADA)<\/li>\n<li>Dogecoin\u00a0(DOGE)<\/li>\n<li>Polkadot\u00a0(DOT)<\/li>\n<li>Neo\u00a0(NEO)<\/li>\n<li>Celsius\u00a0(CEL)<\/li>\n<li>Nano\u00a0(NANO)<\/li>\n<li>Chainlink\u00a0(LINK)<\/li>\n<li>Monero\u00a0(XMR)<\/li>\n<li>Tether\u00a0(USDT)<\/li>\n<li>Litecoin\u00a0(LTC)<\/li>\n<li>Binance Coin\u00a0(BNB)<\/li>\n<li>NEM\u00a0(XEM)<\/li>\n<li>TRON\u00a0(TRX)<\/li>\n<li>Dash\u00a0(DASH)<\/li>\n<li>Zcash\u00a0(ZEC)<\/li>\n<li>Bitcoin Gold\u00a0(BTG)<\/li>\n<li>Bitcoin Cash\u00a0(BCH)<\/li>\n<li>Bitcoin SV\u00a0(BSV)<\/li>\n<li>EOS\u00a0(EOS)<\/li>\n<li>VeChain\u00a0(VET)<\/li>\n<li>Dai \/ MakerDao\u00a0(DAI)<\/li>\n<\/ul>\n<p>One thing must be kept in kind that, even though each one is having an enormous potential, some tends to be safer bets than others.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"CRYPTOCURRENCIES_TAXATION\"><\/span><span style=\"color: #000080;\"><strong>CRYPTOCURRENCIES TAXATION<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>People are trading and investing in cryptocurrencies. These individuals should also be aware of cryptocurrency taxation.\u00a0 There are also a large number of professionals working as freelancers, software developers, or marketers for cryptocurrency exchanges and companies in India and abroad.<\/li>\n<li>Professional Consultancy offered to Cryptocurrency Exchanges and Channel Partners is subject to GST at the rate of 18%.<\/li>\n<li><strong>Crypto Held as an investment:<\/strong> If Crypto are held for investment purposes and then converted to real currencies, any profit made from the conversion will be classified as either long term capital gain or short term capital gain, depending on the holding time of the Crypto coin.<\/li>\n<li><strong>Cryptocurrencies held as stock in trade:<\/strong> Any profits generated from a firm in which Crypto is held as stock, as well as gains derived from trading or transferring it, will be taxed at the appropriate Slab rates.<\/li>\n<li><strong>The Cryptocurrencies received as a form of payment for goods and services:<\/strong><br \/>\nIf a business receives these digital currencies as payment for a sale, they will be treated the same as cash. In the hands of the receiver, it will be considered business income. &amp; will be taxed at the current tax rates.<\/li>\n<\/ul>\n<p><strong>Popular blog:-<\/strong><\/p>\n<ul>\n<li><em><u><a href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-21st-may-2019\/\" data-cke-saved-href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-21st-may-2019\/\">India\u2019s Latest Development on Crypto-Currencies<\/a><\/u><\/em><\/li>\n<li><em><u><a href=\"https:\/\/carajput.com\/blog\/all-about-cryptocurrency-taxation-scenario-in-india\/\" data-cke-saved-href=\"https:\/\/carajput.com\/blog\/all-about-cryptocurrency-taxation-scenario-in-india\/\">Cryptocurrencies Taxation Scenario in India<\/a><\/u><\/em><\/li>\n<\/ul>\n<blockquote class=\"wp-embedded-content\" data-secret=\"jxAkdtwFk1\"><p><a href=\"https:\/\/www.caindelhiindia.com\/blog\/bitcoin-taxability-under-gst-act-2017\/\">Bitcoin Taxability under GST Act 2017<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Bitcoin Taxability under GST Act 2017&#8221; &#8212; India Financial Consultancy\" src=\"https:\/\/www.caindelhiindia.com\/blog\/bitcoin-taxability-under-gst-act-2017\/embed\/#?secret=jxAkdtwFk1\" data-secret=\"jxAkdtwFk1\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WHAT ARE THE TOP-RATED CRYPTOCURRENCY BRIEF INTRODUCTION Cryptocurrencies have been highly popular in recent years as a result of several governments deciding to regulate them, and a lot of companies in India are now providing exchange and wallet services (although not yet regulated). Some time back, had not Ethereum be launched, Bitcoin would have been &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9891],"tags":[9997],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3504"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=3504"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3504\/revisions"}],"predecessor-version":[{"id":21762,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/3504\/revisions\/21762"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=3504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=3504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=3504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}