Crypto apps to invest in?
I used to invest in cryptos using wazix. But they stopped taking investment directly from bank account so switched to Coinswitch recently. Is it safe to invest using it? Thoughts.
I am investing 3% of my salary every month.
Coinswitch is decent from what I know, you can also try Unocoin, Zebpay, Delta exchange and Pocketbits. Some of the oldest and most reliable and platforms for Indians.
But don't keep your coins on the exchange platforms is what I would recommend. It's not really yours unless you hold the keys, it's also prone to hacks because crypto exchanges, much like stock broking/trading platforms, are always under attack by hackers.
Get a hardware wallet like Trezor. And learn how to self-custody your crypto with cold wallets. Keep only small amounts in hot wallets.
Thanks for the advice. But not sure what the concept of hardware wallet is? Can you share some more info on that or some resource to find more info about it?
Buy, Send to Paper/Hardware Wallet, leave the country, withdraw cash, exchange that for what you need to buy, come back
No investment is safe in crypto
Mudrex
Binance