Cryptocurrencies you can buy for less than ₹200 a unit

While bitcoin has been rising by leaps and bounds, there are some options of cryptocurrencies that are available for an affordable price. Here we list some of these digital currencies that are available for less than ₹200 (or $2.7; US$ = ₹74.13). As a matter of fact, there are over 6,500 cryptocurrencies available as of September, 2021.&nbsp;Experts advise that investors should not choose a currency only because it is priced lower. Kapil Rathi, CEO of Cross Tower, says, “Low priced coins can be very tempting for the potential of huge gains, but it's critical that investors understand the risks. These so-called alt coins could have a very high likelihood of being worth nothing, but could have a small chance of outsized gains. Because of the asymmetric returns, it might be worthwhile to have a small allocation to them even in a relatively conservative portfolio.”&nbsp;As per coinmarketcap.com, Tether is priced at $1 per token, Cardano is available for $2.11, XRP for $0.9188, USD coin for $1.00 and Dogecoin for $0.2001 as on September 29, 2021. Likewise, we shortlist the top 10 currencies which can be bought for less than ₹200.&nbsp;&nbsp;Ten digital currencies you can buy for less than ₹200:

Crypto investors who missed the rally of Bitcoins and Ethereum must be waiting for the next ‘buy’ opportunity of premium digital currencies. However, there are several other crypto options to go for. We list out some of those that you can buy for less than ₹200 a unit

Investing in watches: Can this be a wise investment?

As banks can now sell ‘fraud loans’, what does this mean for Indian banks

What investments can an early investor make to beat inflation?

Liquid Funds vs Fixed Deposits: Which is a better investment?

How much of your salary should you invest in mutual funds?

How are different forms of gold taxed?

What happens when your broker shuts down?

What is buy now pay later (BNPL)?

How to take part in the artificial intelligence & machine learning rally?

India tops world ranking in digital payments, records 89.5 million transactions in 2022

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments, adding that the digital payment transactions in India is more than the other four leading countries combined.

Weekend Wrap: From Hindustan Aeronautics to Adani Power; Top news and market movers this week: 9 June 2023

From top newsmakers to market performance, here's the market wrap for the week ended 9 June 2023.

A Man Called Otto: 5 money lessons you can learn from Tom Hanks’ film

A Man Called Otto offers valuable money lessons such as being wary of trusting outsiders with your money, parking it in domestic plans, diversifying your investments, being wary of real estate sharks, and the power of pooling resources.

RBI empowers banks with RuPay prepaid forex card authorization. Details here

RBI allows Indian banks to issue RuPay Prepaid Forex cards for overseas use, expanding payment options for travelers. It also streamlines Bharat Bill Payment System and expands e-RUPI digital vouchers, aiming to promote digital transactions and enhance financial management.

NFO Review: Should you invest in the newly launched Edelweiss Multi Asset Allocation Fund?

Edelweiss Multi-Asset Allocation Fund may be a suitable idea for investors looking to put their money in debt funds while availing of indexation benefits. However, it is still a new fund launch, thus, mandating investors to think twice before they act.

Cryptocurrencies you can buy for less than ₹200 a unit

Topics to follow

Latest News

personal finance

markets

personal finance

personal finance

personal finance