Platforms to buy bitcoin in india

Here’s how you can start with Bitcoin investment in India

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The hack took place a few days after the Central Bank of India banned banks from dealing with cryptocurrency exchanges, so there was a clear motive to drain the funds instead of return them to customers and shut the doors. Any exchange with a Indian rupee trading pair will allow you to sell your Bitcoin for fiat currency.

WazirX has INR trading pairs for many popular coins. These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private. LocalBitcoins is another option.

How Can I Buy Bitcoins in India?

Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer P2P exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.

Jordan Tuwiner is the founder of BuyBitcoinWorldwide. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country. He has also written extensively about the history, technology, and business of the crypto world.

Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity.

Best Bitcoin Exchanges In India

Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisers, or hold any relevant distinction or title with respect to investing. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.

Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website. Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. WazirX Popular. Ease of Use. Click on place buy order and within minutes you will have Bitcoin in your Wazirx wallet.

You can click on funds at the top and you will be able to access your purchased Bitcoin. You can click on withdraw to transfer Bitcoin to your wallet.

Top 5 Best Cryptocurrency Exchanges in India 2021

For short term, you can use a mobile wallet such as Guarda, Atomic to store your coin. However, if you are storing Bitcoin for longer period or have a large sum, you should better get a Bitcoin hardware wallet such as Ledger Nano X. It is founded by an experienced team which is continually innovating with a mission to involve every Indian in the blockchain revolution. In the present situation, they have come up with a new way of peer to peer trading which enables Indians to withdraw and deposit INR while trading cryptocurrencies. WazirX mobile app is feature-rich and lets you trade crypto from anywhere.

Note: Wazirx escrows the funds, and provides appropriate dispute resolution wherever required. Well, this is where LocalBitcoins comes into the picture. Here you can find a seller who wishes to sell Bitcoin using different payment modes including cash.

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In the below screenshot you can see the various options available for an Indian to buy Bitcoin. LocalBitcoins is also popular amongst those who are looking to buy Bitcoin using PayPal. From a security perspective, they have added a 2-factor authentication , and another level of authentication gets activated when you log in from a new device. If you wish to buy Bitcoin via cash, make sure you do the transaction in a public place.

If you are looking to sell Bitcoins in India at a higher price, this is a great choice for you. Founded by IIT graduates, also crypto enthusiasts, Bitbns is an Indian crypto exchange which commenced operations in December The Bitbns team focusses on ease of use, security, and customer support right from the beginning.

Do check our detailed BitBNS review. The Bitbns team has also pioneered the innovative P2P model for exchange cryptocurrencies and INR despite difficult times in the Indian crypto scene. Well, these are the most popular Bitcoin websites and exchanges in India that you can use to buy and sell Bitcoin. You can choose any of the websites listed above based on your preferences.

I will keep updating the list as I discover quality websites to buy and sell Bitcoin. Write back to us. Harsh Agrawal is the Crypto exchanges and bots experts for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology. After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

Can we purchase via credit or debit card on Unocoin or any other indian website who are selling Bitcoins. If you shed light more on this and help us like shoutme loud helped. This company was found. Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos.

The platform was established to create the simplest financial service in the crypto space. Since the genesis, Coinmama is trusted by over 2,, people across countries. Having been launched back in , Coinmama was also amongst the first to support the purchase of Bitcoin with credit and debit cards.

Since the early years, Coinmama has continued to add cryptos to its offering not to mention alte. Bityard is a leading online cryptocurrency contracts exchange.

Bityard provides clients with access to premium liquidity and wide range of trading services such as spot trading, copy trade, up to x leverage contract trading, derivatives, Forex, and U. Crypto contracts are trading instruments that enable an investor to trade on the price movement of crypto at a predetermined future date and price.

Contracts are commonly used by traders in volatile markets making crypto contracts an ideal financial instrument for traders looking for exposure to the crypto market. Bitit is an online platform that supports the buying and selling of cryptocurrencies. The platform was created to provide both novice and experienced crypto investors with access to the crypto market from all corners of the globe. The platform is considered simple to navigate and delivers a safe crypto environment for investors to buy, hold and sell cryptocurrencies.

Bitit was founded in and is headquartered in Paris, France and legally operates in more than 50 countries including member states of the EU, the UK, and the U. Other countries amongst the in excess of 50 countries include. The platform is designed to deliver traders and investors with a wide range of cryptos. Founded in , Crypto. The platform also offers exposure to lesser-known coins f. Paybis is an online multi-cryptocurrency exchange supporting the buying and selling of cryptocurrencies. Additionally, Paybis provides liquidity services for fintech businesses.

Paybis users can purchase supported cryptos with one of 47 major fiat currencies.

S Dollars. Fiat currencies curr. The exchange is also one of the fastest platforms in the crypto market today. The exchange provides investors with one of the widest range of cryptos available in the market place today. Exmo is a dual purpose cryptocurrency platform which allows the online exchange of cryptocurrencies as well as the trading of cryptocurrencies.

The exchange part of the business involves exchanging fiat currency for Bitcoin. The trader can exchange Bitcoin for US Dollars and vice versa. With dozens of cryptocurrencies popping up on the internet almost every day, it is difficult for cryptocurrency investors to discern which cryptocurrencies are worth investing in.

One such cryptocurrency exchange platform that was established to address this particular dilemma is Gate. Apart from providing cryptocurrencies investors with a platform to trade in digital currencies, Gate.

Top 5 Best Cryptocurrency Exchanges in India - The Week

The platform lets you view the various prices of a wide range of altcoins which are paired with 4 main cryptocur. Coinmate is a leading cryptocurrency exchange that was founded in The exchange is registered in London but focuses its business operations on the Eastern Europe sector. The brainchild of 2 economic graduates from Prague, Coinmate has established itself as the ideal cryptocurrency exchange for investors who are looking to invest in Bitcoin with euros.

The exchange offers its clients a low cost and hassles free way to acquire Bitcoin. The launch of ZB. However, the exchange managed to launch and provide much-needed hope in the China cryptocurrency space. Since their laun. This is a place where you can buy sell and exchange currencies for cryptocurrencies eg.

USD for Bitcoin or exchange cryptos for other cryptocurrencies eg. Bitcoin for Litecoin. As an added feature you can also trade cryptocurrencies here, meaning speculate on their price movements through their LakeTrader feature.

List of Popular Websites For Indians to Purchase Bitcoins:

Bajalan was also among the nine founding members of the Australian chapter of the Bitcoin Foundation. The IT know-how within the BTCMarkets team comes from staff with backgrounds in software development, cyber security web and network payments pro.

OKCoin is the largest Bitcoin exchange in the world by volume with over 16 million Bitcoins transacted per month. The cryptocurrency exchange is based out of Beijing, China and was founded in by a highly technologically experienced individual known as Star Xu. The OKCoin exchange primarily services users from China and the Asian markets but accepts traders from all over the world. RightBTC is a global digital asset management platform for the trading of cryptocurrencies.

The exchange deals strictly with crypto to crypto trading and claim to feature only the best digital assets with the best returns on investment. Founded in , Bitstamp is regarded as one of the oldest cryptocurrency exchanges around. The exchange is highly respected and is based in Luxembourg.

Bitstamp was actually one of the first few cryptocurrency exchanges that were established to compete with the then dominant Mt. Gox exchange. But what is unique about Bitstamp is the fact that it is the first fully regulated cryptocurrency exchange in the world. Bitstamp in April was licensed by the Luxembourg authorities to act as a payment institution. Established in , Independent Reserve is one of the first cryptocurrency exchanges in Australia.

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