Buy Pivx in India
Buy Pivx with BuyUcoin in less than 10 minutes and kickstart your crypto portfolio. Check PIVX to INR price, choose one of the payment methods and buy Pivx at the best rates.Buy Pivx Now
Pivx Price Today in India
Pivx Price Analysis Chart
Change in %: ▾ -2.96%
1 PIVX = ₹9.48
1 PIVX to INR
Current Price of 1 PIVX = 600,000 INR
For 100 INR you will get = 0.00045 PIVX
How to Buy Pivx in India?
Buy and Sell Pivx in India with just 4 steps. Create your BuyUcoin Account, complete the KYC, add money with various different payment methods and buy Pivx to create your first crypto portfolio. Earn free Pivx worth INR 100 on signup. Now, that’s an offer you can’t miss!
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What Payment Methods to use to buy Pivx in India?
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Using Virtual Account
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PIVX or Private Instant Verified Transaction is a privacy-centric blockchain network that was created from DASH. the platform focuses on creating a network that is based on self-governance while having a decentralized system so that future project proposals are voted on by the community itself and implemented accordingly. PIVX is attempting to create a highly secure and private platform that can be used for everyday means in life. Since long transaction times have plagued almost every cryptocurrency and bitcoin network ever created, PIVX aims at reducing this transaction time for its users. The platform was launched in 2016 by a couple of DASH community members. The founders were admirers of the DASH network but wanted to create some changes in those aspects where they felt the network lacked. This led them to develop their own network which was centered more on privacy and shifted from the Proof of Work (POW) system to Proof of Stake (POS) which they felt was a competitively fairer system for the users. Along with the POS network, they also implemented a system that automatically balances the reward payouts. The duo realized the importance of privacy and security when it comes to conducting transactions and exchanges on a daily basis and wanted to apply DASH’s digital cash ethos that was known for prioritizing fast and cheap payments to their system with added security and privacy.What you can buy with Pivx?
Yes, Pivx is legal in India, and users can purchase and sell it on the BuyUcoin - One of the Most secure crypto exchange in India. Pivx is also seen as a valuable store of value. Recently, the Govt. of India introduced crypto taxation i.e. 30% tax on the profit you earn which shows the Government of India is not in favor of banning crypto in India rather than on the path to adopt it .You can easily buy Pivx in India with an INR pair at trusted exchanges such as BuyUcoin. There has been an increase in the amount of users using the Blockchain wallet to store Pivx. Pivx, on the other hand, does not discriminate against anyone and gives everyone an equal opportunity to use its services.
Pivx has swept the Indian market in recent years, with people eager to buy it in order to profit handsomely. Pivx has generated speculative returns since its beginning and is currently trading at ₹9.48. There has been an increase in the amount of users using the Blockchain wallet to store Pivx. The value of any cryptocurrency is derived from two factors: the hype and fundamental value that it provides; Pivx possesses both and you can easily buy Pivx in India at BuyUcoin. According to historical data cryptocurrency has given highest ROI on Investment, so now you can choose any crypto plan for SCIP and stand a chance to get highest return in the long-term investment.
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What to do after I buy Pivx?
Frequently Asked Questions
What is PIVX Mining?
Since the platform operates on the Proof of Stake (POS) system, it does not support mining as a procedure to earn PIVX coins from the network. Instead, the system calls upon users to stake their coins on master nodes and use it as collateral in order to verify and anonymize transactions and also vote on community proposals. The user with the highest stake has the highest probability to earn rewards from the network in the form of PIVX coins, although all users eventually earn some rewards from the system. The process of staking also results in the release of new blocks in the blockchain and any individual can stake their coins on the node irrespective of the amount staked. The block time of PIVX stands at around 1 block every 60 seconds. The expected returns from the blockchain can be calculated using a Return Calculator which is developed by the members of the PIVX community.
What are the advantages of PIVX?
Unlike most of the cryptocurrencies, PIVX aims at making transactions that occur on their platform not only secure but 100 percent anonymous as well. The PIVX platform is considered a custom version of the Zerocoin platform which also supports anonymous transactions. Although the platform is highly motivated by Zerocoin’s design, the PIVX network is still mostly custom built and provides faster transactions than their contemporaries while charging minimal to no fee (the Zerocoin system provides anonymity to its users for an increased fee rate). The PIVX network automatically mines anonymous coins in order to keep the network secure and private by ensuring there are enough anonymous coins circulating in the network. Besides that, even users of the platform can convert their normal PIVX coins into private coins which are referred to as zPIV tokens. These coins can be used by members to make anonymous transactions on the PIVX network while providing the acceptor of zPIV coins to accept the tokens as normal PIVX coins.
PIVX also has a system called SwiftX through which users can conduct transactions almost instantly and can spend the newly acquired PIVX coins in just seconds of being sent. The platform also boasts an extremely low block time of just 60 seconds and a global network of master nodes that ensures that all transactions on the network are verified instantly while charging negligible transaction fees that value at just a fraction of cents.
PIVX market Trend and Cap
Since its inception in 2016, the cryptocurrency steadily grew until April 2017 when the rates of PIVX coins in Bitcoins spiked from 0.0001 to 0.000862. After that, in a span of a few days, the Bitcoin value of the PIVX spiked again and jumped at 0.00169 Bitcoins. The rates fell at 0.0008 after a few months and remained erratic for a few more months until December 2017 when the price of the PIVX coins in USD, as well as the market cap of the cryptocurrency, spiked tremendously. By the end of December, the price of PIVX coin in USD stood at $12.47 USD and the market cap stood at $688,309,810 USD. But after the 2018 cryptocurrency market crash, the PIVX coin was hugely affected like every other cryptocurrency and the market cap of PIVX dropped at $47,235,417 USD. As of 14th July 2020, the market cap of PIVX stands at $25,751,747 USD while the price of PIVX coin in USD is $0.453 USD.