Youtube Video Link - https://youtu.be/rBQjmv-Ey_M This video covers top five things one must know related to bitcoin trading. It is gaining popularity as a whole new investment option with lucrative returns. (bitcoin meaning, how bitcoin works, apps for bitcoin trading, bitcoin returns) Follow DevTech Finance on :- Instagram - https://www.instagram.com/devtechfinance/ LinkedIn - https://www.linkedin.com/company/devtech-finance Facebook - https://www.facebook.com/devtechfinance/ Slideshare - https://www.slideshare.net/NishaNandani Thank You For Watching Please Subscribe To DevTech Finance

1. 167% RETURN
IN 2020

2. BITCOIN – AN INTRODUCTION
• CRYPTO CURRENCY / VIRTUAL
CURRENCY / DIGITAL CURRENCY
• HIGHLY VOLATILE IN NATURE
• HIGHLY RISKY
• HIGH RETURNS WHEN FAVORABLE
• PEER TO PEER BITCOIN NETWORK

3. BITCOIN - CRYPTOCURRENCY
166 % approx. return
in 2020

4. HOW DOES THIS WORK?
• Each Bitcoin is basically a digital currency
stored in a digital wallet of app or website.
• Investors can transact in Bitcoins by selling
and buying through digital wallet.
• Every single transaction is recorded in a
public list called the blockchain.
• Bitcoin is taxed at 30% for short-term
investments and around 20% for long-term
(3 years) for the capital gains.

5. HOW TO BUY BITCOINS ?
• There are several apps like Zebpay, UnoCoin, CoinSecure etc. that
allow users to transact in bitcoins using online payment mediums.
• Funds to buy these can be transferred from your Indian bank account
using NEFT, RTGS, Debit/Credit Card etc.
• These companies function as cryptocurrency exchanges which is
convenient as this will enable easy selling and maintains high liquidity.
• One is required to complete the KYC process and provide Address
proof, PAN and Bank account details for the verification.

6. IS IT LEGAL IN INDIA?
• It is currently legal to purchase bitcoins
and other cryptocurrencies in India.
• After the Supreme Court verdict in
March this year, the prohibition on
dealing in cryptocurrencies by RBI was
lifted.
• However, there is still no regulatory
body to govern the functioning of these
virtual currencies.