BuyUcoin | India’s first multi cryptocurrency Wallet and Exchange, Buy and sell cryptocurrency in India, Buy Bitcoin in India

This is a step by step guide on how to trade in cryptocurrencies, and where can you start doing your research.

This article won’t discuss legality of Bitcoin or other cryptocurrencies. If you want to understand more about BlockChain Technology, please read What is BlockChain Technology. You should also read “You don’t understand Bitcoin because you think money is real”.

You should make account on at least 2-3 indian portals which allow you to buy Bitcoins using INR.

You would need to complete your KYC on all of them.

Be ready with your Aadhar card and Pan card for your KYC on each portal. Also download Google Authenticator app required for Two-Factor-Authentication: Android & iOS.

Koinex: They don’t have an app, you have to use their website. You can trade for 8 currencies here.

India is the world’s largest remittance market, according to the World Bank. The rapid appreciation of the prices of digital currency has sparked national interest and the craze for cryptocurrencies has grown extensively in India. Following the soaring bitcoin in 2017, cryptocurrencies are attracting increasing interest in India.

The Indian trading platform Bitbns is recently evolving since its inception. Seeing the craze and popularity of cryptocurrency in India and not having the best option for Indian users to buy, sell and trade cryptocurrency, we started Bitbns to provide a smooth, more comfortable and faster way to buy, sell and trade digital currency for Indian users. We are the only exchange in India which allows a user to trade multiple cryptocurrencies on the go.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Unocoin is India’s leading Bitcoin platform. Their customers can buy bitcoin with any Indian bank account via online banking or NEFT and RTGS.

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card.

They charge a ~6% fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.

We may receive compensation when you use Coinmama.

Bitcoins in India had only started to gain momentum when a banking ban in 2018 by the Reserve Bank of India (RBI) cooled off the sentiment. RBI had then said that any entity regulated by it such as banks, wallets etc shall not deal with or provide services to any individual or business entities for buying or selling of cryptocurrencies.

Since then, Indian investors have been wary of Bitcoins.

For those unaware, Bitcoin is one of the earliest cryptocurrencies, forming part of the worldwide peer-to-peer payment system. The Bitcoin network and currency was introduced by an unknown person or group Satoshi Nakamoto in 2009.

But what exactly is a cryptocurrency? Cryptocurrency is basically digital money and uses cryptography to secure its transactions. Cryptography is a method of converting comprehensible data into complicated codes which are tough to crack.

The value of cryptocurrencies is increasing.

In 2017 bitcoin (BTC) grew from just under US$1,000/BTC to over US$10,000/BTC. With such growth comes an explosion in market trading, which in turn helps the currency keep growing.

It can be a good choice for cryptocurrency beginners because you don’t need your own cryptocurrency wallet, and you can get a feel for the market movements without needing to buy it outright.

A range of established forex exchanges and brand new platforms are embracing cryptocurrency trading. Find the one with the features that work for you, and that suits your trading style.

All of the following platforms are available in India and offer cryptocurrency trading.

Market trading of any asset is risky and cryptocurrencies are very volatile. There is no guarantee of a return of investment.

This is a step by step guide on how to trade in cryptocurrencies, and where can you start doing your research.

This article won’t discuss legality of Bitcoin or other cryptocurrencies. If you want to understand more about BlockChain Technology, please read What is BlockChain Technology. You should also read “You don’t understand Bitcoin because you think money is real”.

You should make account on at least 2-3 indian portals which allow you to buy Bitcoins using INR.

You would need to complete your KYC on all of them.

Be ready with your Aadhar card and Pan card for your KYC on each portal. Also download Google Authenticator app required for Two-Factor-Authentication: Android & iOS.

Koinex: They don’t have an app, you have to use their website. You can trade for 8 currencies here.

CoinSutra » Bitcoin » Best Indian Bitcoin Websites To Buy Bitcoins [Mega List – 2020]

Bitcoin in India is gaining momentum, and unlike the old days, it’s now legal to buy and sell Bitcoin in India. However, there are only a handful of quality sites where you can buy Bitcoin.

Update: Indian Bitcoin trading has cooled off following a banking ban on July 2018, so now the only way to trade cryptocurrencies is through P2P mode. That’s why many exchanges have come up with innovative P2P solutions to facilitate Indian traders. Do remember, it’s still legal to use Crypto in India.

One reply on “BuyUcoin | India’s first multi cryptocurrency Wallet and Exchange, Buy and sell cryptocurrency in India, Buy Bitcoin in India”

BuyUcoin | India’s first multi cryptocurrency Wallet and Exchange, Buy and sell cryptocurrency in India, Buy Bitcoin in India

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Unocoin is India’s leading Bitcoin platform. Their customers can buy bitcoin with any Indian bank account via online banking or NEFT and RTGS.

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card.

They charge a ~6% fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.

We may receive compensation when you use Coinmama.

CoinSutra » Bitcoin » Best Indian Bitcoin Websites To Buy Bitcoins [Mega List – 2020]

Bitcoin in India is gaining momentum, and unlike the old days, it’s now legal to buy and sell Bitcoin in India. However, there are only a handful of quality sites where you can buy Bitcoin.

Update: Indian Bitcoin trading has cooled off following a banking ban on July 2018, so now the only way to trade cryptocurrencies is through P2P mode. That’s why many exchanges have come up with innovative P2P solutions to facilitate Indian traders. Do remember, it’s still legal to use Crypto in India.

India is the world’s largest remittance market, according to the World Bank. The rapid appreciation of the prices of digital currency has sparked national interest and the craze for cryptocurrencies has grown extensively in India. Following the soaring bitcoin in 2017, cryptocurrencies are attracting increasing interest in India.

The Indian trading platform Bitbns is recently evolving since its inception. Seeing the craze and popularity of cryptocurrency in India and not having the best option for Indian users to buy, sell and trade cryptocurrency, we started Bitbns to provide a smooth, more comfortable and faster way to buy, sell and trade digital currency for Indian users. We are the only exchange in India which allows a user to trade multiple cryptocurrencies on the go.

Cryptocurrency is nothing but a form of digital currency, which is designed to be anonymous and secure. It is associated with the internet, which uses cryptography – the process in which one converts data into an undecipherable code.

It’s mainly used to track transfers and purchases.

The first cryptocurrency ever created was Bitcoin (2009).

You should invest in cryptocurrencies for a number of reasons. Some of the major ones are as follows.

Cryptocurrencies are not controlled by a single central authority. Machines that mine Bitcoin and undertake transactions make up a major part of the network and all machines work together. Meaning, a single authority can’t meddle in the monetary policy or make their rules for people.

You can hold multiple cryptocurrency addresses and they are not linked to names, addresses, or other information that can identify you personally.

Our founding members are young and enthusiastic adopters of crypto currencies, all of whom graduated from IIT. Before we started Bitbns, we have created multiple products that have helped consumers in commerce decision making.

In late 2017, we decided to start a crypto-currency exchange. To give people a smooth entry into the world of crypto, we gave importance to ease of use, security, and customer support right from the beginning. Bitbns went live on December 14, 2017.

Cryptocurrencies and the underlying blockchain technology are the future of money.

Crypto-currencies must be accessible to everyone.

Bitbns features a referral program that provides an equal opportunity for anyone who helps spread the word about Bitbns. Referral rewards are credited either in terms of INR or USDT, which go straight to your Bitbns referral wallet. The trading fee incurred on all your trade activities on Bitbns is deducted from your referral wallet.

Below, we have explained different referral cases and how much both parties earn per invite.

Bitbns is young, but carries a colossal vision of creating the best digital assets exchange. We made our first appearance as a digital assets trading platform with Bitcoin flash sale on 19th December, 2017. Since then, we have launched more than 70 digital assets.

One reply on “BuyUcoin | India’s first multi cryptocurrency Wallet and Exchange, Buy and sell cryptocurrency in India, Buy Bitcoin in India”