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Can I Buy Bitcoin In India?

How To Buy Bitcoin In India | Finder

How To Buy Bitcoin In India | Finder

Before getting started, you need a place to put your bitcoin. That means either getting a wallet or looking for a broker/exchange that offers you a wallet as part of its service. If youre a cryptocurrency beginner, there are probably three basic types of wallets you might consider. Desktop Simple, secure, easy to use and popular, this wallet is in the form of a program you download to your computer. Its quick and easy, but you want to be sure that your computer is free of viruses or malware. Smartphone The same as above, but its an app for your phone instead. Hardware An option for holding your currency securely offline in a more physical form. These wallets are like USBs or hard drives that hold your cryptocurrency. You can compare hardware wallets here . They can be a good combination of security and familiarity for anyone whos not entirely confident with new technology, and they can also be a good physical backup to have on hand. Decide whether youre happy to pay premium prices for a reliable bitcoin seller, or if youre happy to go on the exchanges and hunt for a bargain instead. Whether they are exchanges or buying/selling services. At an exchange, youll be trading with other users while a buying/selling service, or broker, can simply sell you bitcoin. Whether you need your own wallet. If you have your own wallet, then you dont need to worry about it. If you dont, then you might want to start with a provider that offers its own in-built wallet. Whether they require verification. Most reputable services will require you to verify your identity, but some will still let you conduct smaller transfers without verifying your identity. Verification can take a day or two, so if youre in a hurry or want to transact anonymously, you might want to look for the no-verification Continue reading >>

How To Buy Bitcoin In India From Zebpay

How To Buy Bitcoin In India From Zebpay

Home Bitcoin How to Buy Bitcoin in India from Zebpay By: Iftekhar | In: Bitcoin | Last updated: January 12, 2018 15 Are you new to this craze of Bitcoin and want to buy Bitcoin in India? Well, this article will answer all your questions as in this article I will be sharing a step by step guide on How to Buy Bitcoin in India using Zebpay App. Before starting the guide, I would like to inform you guys that investing money in cryptocurrency is always a risk. So, only invest an amount that you can afford to lose. Buying Bitcoin in India is not tricky as it sounds. An adult can easily purchase BTC from his bank account in India. There are many exchanges that allow you to buy Bitcoin (BTC) from your bank account. One of the most famous exchanges that I myself use is ZEBPAY. ZEBPAY is one of Indias First Bitcoin Exchanges and is used by many thousands of Indians. Instead of talking about Zebpay, let me directly start with the main topic of this article. These are some basic requirements that you will have to fulfill in any big exchange. Note: There is no risk in giving PAN Card Details. The exchanges are themselves companies and theyhave to maintain records of their users. Moreover, the Indian government will start imposing taxes on profits from Crypto Market, so its better we play by the rules. The first step is to download the Official Zebpay App from its official site or Google PlayStore or from this link . Always make sure to double check the app details before installing an app related to crypto. (Lots of scams happen in crypto industry). Once you download the app, you will have to make an account on it. The App will ask for your mobile number to verify the account. After you verify your mobile number, you will have to enter your remaining details. Set-up a PIN Code. Thi Continue reading >>

Buy Bitcoins Instantly In India

Buy Bitcoins Instantly In India

Invest in bitcoin easily and securely. Paxful is best place to buy, sell and send bitcoin with over 300 ways to pay for bitcoin including bank transfers, gift cards, Paypal, Western Union, Moneygram, your personal debit/credit cards and many more! Over 10 000 bitcoins already sold in India! Select from top payment methods in India. Or find any other payment method from selection below top methods. Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. Simply select how you want to pay and type in how much Bitcoins you need. Our mission is to give working people a simple, fair and secure platform for trading the value of their work. Often our biggest problems revolve around money, earning it and transporting it. We are dedicated to unlocking the power of people by building a global peer to peer payment logistics platform of the future. Paxful is PayPal + Uber and the peoples Wall Street. Help other people in India get bitcoin and you can earn BIG profits up to 60% on each sale. Start selling with your local bank account now, see our free guide . Paxful gets 1000's of bitcoin buyers from India every day. Know alot of people who want to buy bitcoin in India? With your Bitcoin Kiosk and Affiliate program you earn 2% on each trade forever by just sharing a link. Get started now . Bitcoin is a digital asset and a method of payment. :country_name makes it easy to convert your gift cards into bitcoins and out of bitcoin. Bitcoin has become a valuable asset in our digital world. You can think of it as an internet version of gold. Like gold, bitcoin price has been fluctuating and it's expected to see steady growth in bitcoin price, especially when economic times are fragile. After receiving bitcoins you can do whatever you like. You have option to hold them Continue reading >>

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

BuyUcoin is India's market leader in Cryptocurrency landscape. We provide the simplest and trusted platform to trade, store, use and accept cryptocurrencies like Bitcoin, Ethereum,Litecoin, Bitcoin Cash etc. With over 15,000+ customers that vouch for the ease with which BuyUcoin enables cryptocurrency activities, we are on a mission "To bring cryptocurrency in a million pockets." Street No. 3, Naiwalan, Karol Bagh, New Delhi 110005 Continue reading >>

Buyucoin | Buy Bitcoin In India, Sell Bitcoin, Best Bitcoin (btc) Exchange And Wallet India

Buyucoin | Buy Bitcoin In India, Sell Bitcoin, Best Bitcoin (btc) Exchange And Wallet India

Buy, sell and exchange Bitcoin directly with INR Bitcoinis a worldwidepopular cryptocurrencyand digitalpayment system. It is very innovative payment system,Without any restriction anyone can use it. It can be exchanged for other currencies,products, and services. It is very secure and Inexpensive way to receive payments.It is the first decentralizeddigital currency, means the system works without any central administrator. The system ispeer-to-peer, that means transactions take place between users directly, without an intermediary. These transactions are verified by networknodesand all the transactions details are recorded in a publicdistributed ledgercalled ablockchain. The blockchain is adistributed database to achieve independent verification of the transaction of any and every bitcoin amount. Each network node stores its own copy of the block chain. On 18 August 2008, the domain name bitcoin.org was registered. It was invented by an unknown person or group named "Satoshi Nakamoto" it was released asopen-source softwarein 2009. It was created as a reward for a process known asmining. Features that distinguish it from other cryptocurrencies. The Bitcoin protocol is not just about sending money from A to B. It has many features It provides users with top level of protection against most common frauds like chargebacks or unwanted charges. Because of the Security Users can encrypt their wallet and have complete control over their money. So there is no chance of any type of Fraud. Bitcoin allows any bank, business or individual to securely send and receive payments anywhere at any time in few minutes. All types of Payments in the world are acceptable. With Bitcoin transactions can be possible directly without any mid person. The transaction time and cost is much less as Continue reading >>

11 Exchanges To Buy Bitcoin In India (2017)

11 Exchanges To Buy Bitcoin In India (2017)

Technically, VirWoX isn't even a Bitcoin exchange. It mainly serves as a way for people to buy Second Life Lindens, a currency used in the virtual world Second Life. You can't buy Bitcoin with PayPal directly at VirWoX, but it's possible to first buy Second Life Lindens (SLL) and then trade your SLL for Bitcoin. This process works perfectly, but in the end will cost you about 10% in fees. This workaround/hack has made VirWoX the easiest and most popular way to buy bitcoins with PayPal . The easiest and basically only way to purchase bitcoins with PayPal or Skrill Comes with a price: it will cost around 10% in fees to buy with PayPal Continue reading >>

Best Indian Websites To Buy Bitcoins Legally: 2018 Exclusive

Best Indian Websites To Buy Bitcoins Legally: 2018 Exclusive

Bitcoin in India is gaining momentum & unlike the old days, its now legal to buy & sell Bitcoin in India. However, there is only a handful quality sites where you can buy & sell Bitcoin. Read: What is Bitcoin & How People are Using it Across the Globe? Here Im listing down those Indian Bitcoin exchange websites that you can use to buy and sell Bitcoin. I have listed these websites based on their popularity & ease of use. One thing that I have noticed with almost all of the Indian Bitcoin exchange websites is their pricing differs in real time. So I would suggest that you dont put all of your eggs in one basket. Instead, purchase Bitcoin from different places. Coinome is one of the newest Bitcoin and Litecoin purchase website in India and that also gives them an edge. They have taken the advantage of eKYC that meant you can create and verify your account instantly. This portal is by Billdesk which is one of the most reputed payment gateway services out there. What I like about Coinome is you can instantly create an account, complete the EKYC and purchase Bitcoin instantly. Unocoin is the first website that I recommend you to get started with if you have never purchased Bitcoin before. Getting started with Unocoin is easy & their interface is beginner friendly. What I like about them is the plethora of features they already have & features they are consistently adding. If you are someone who wants to invest in Bitcoin as a SIP, you can do that with Unocoin. You can set a daily, weekly, or monthly budget for purchasing Bitcoin. This is what Unocoin has to say about their SIP feature: Systematic Investment Plan is a new and exciting way to acquire Bitcoin the first of its kind that is introduced by Unocoin. This is a more conservative approach to investing in bitcoin than Continue reading >>

How To Buy Bitcoin In India: Guide To The Best Cryptocurrency Exchanges

How To Buy Bitcoin In India: Guide To The Best Cryptocurrency Exchanges

How to Buy Bitcoin in India: Guide to the Best Cryptocurrency Exchanges Max Moeller on February 27, 2018 / 0 Comments Bitcoin (BTC) used to be more difficult to gain access to. There were only specific ways to get to it, with debit and credit cards almost out of the question. After the enormous rise in popularity over the past few years, that has changed. Now that Bitcoin is a public piece of technology, a lot more exchanges now accepts credit and debit cards (with a fee of course.) Yet, if you happen to live in India, you may not be able to access the leading exchange websites like Coinbase or Kraken . Fear not, there are still alternatives for you, only not as many quality ones. But, before we get into that, we have to talk about storing your Bitcoin. Before buying in, youll need to get a wallet. There are five different types of wallet: Online Online wallets hold your Bitcoin codes on a server and are accessible via your phone or computer. Mobile Mobile wallets are essentially an app that stores your BTC for you. These usually work in tandem with online wallets. Desktop A desktop wallet is a reserved space on your hard drive that stores Bitcoin. Paper Paper wallets are a sheet of paper with a scannable QR code that provides you access to your stored BTC. Hardware A hardware wallet is the safest method of storing your BTC. These wallets look like a USB-stick and plug into your device so you can access your coins. We recommend you only ever store a small amount of Cryptocurrency on exchanges as there have been numerous times in the past that they have been hacked . If you wish to trade, keep an amount of your stack on there, otherwise withdraw to a wallet for holding. We go into more detail here about the different types of wallets for storing Bitcoin. Now lets get to Continue reading >>

How To Purchase Bitcoins Legally In India [tutorial]

How To Purchase Bitcoins Legally In India [tutorial]

How To Purchase Bitcoins Legally In India [Tutorial] By: Harsh Agrawal In: Bitcoin Last Updated: Note: This tutorial is for residents of India only. If you are from any other country, you should read the Bitcoin buying guide for Coinbase . Have you been planning to buy your first Bitcoin in India?And do you also have no idea how to go ahead with this? Well, today is a good day for you. In this step by step guide, you will learn how to purchase your first Bitcoin in India. For this guide, we are buying Bitcoin from the popular Indian Bitcoin buying & selling website Unocoin . Other site which is more or less same popular as Unocoin in India is Coinsecure . They in fact offer better selling rate than Unocoin. If you wish to buy Bitcoin In India using cash, you should use Localbitcoins which is a P2p market. I will be doing a detailed guide on Localbitcoins in coming days. If you want to know about all of the other popular Bitcoin websites including exchanges in India, read this detailed post . In India, Unocoin is one of the most popular website to buy & sell Bitcoins. Its newbie friendly because the interface is more user-friendly & they have both an iOS & an Android app. A few things to know before buying Bitcoins in India: Bitcoin is legal in India. However, its not regulated by RBI. On December 24, 2013, RBI issued a press release on virtual currencies (like Bitcoins, Litecoins , Etherium, Dogecoins, etc.) stating that creation, trade, and usage of virtual currencies as a medium for payment is not authorized by any central bank or monetary authority. Unocoin is a legal website to buy & sell Bitcoin. Well, its a no-brainer that RBI & the Indian government will start taking Bitcoin seriously as its being adopted by more users globally. Im pretty sure you are already aw Continue reading >>

How To Buy Bitcoin In India

How To Buy Bitcoin In India

Bitcoin is a very complex concept, so well divide it into two parts. Bitcoin is known as a token that is also used as a digital asset. Bitcoin is encrypted, meaning that when transactions go through its platform, users dont have to worry about it getting hacked (Bitcoins do get hacked when you lose your private keys or keep them on a vulnerable exchange). Also, Bitcoin is a protocol, it uses a distributed network and holds the token into users wallets. It allows you to conduct payment transactions without the need of a centralized authority like a payment gateway or a bank. Bitcoin is developed and stored electronically. Bitcoin is a digital asset, meaning that its not printed out like euros or dollars. Its made through computers and uses free software in order to make it. Bitcoin is the first successful example of a cryptocurrency, an asset that shares the same characteristics of fiat currency. It uses encrypted verification in order protect their transactions when paying for each others services. Everyone wants to buy Bitcoin but most of the bigger exchanges dont support all the countries yet, there are many exchanges to buy Bitcoin in India but some of them dont have enough liquidity yet. Since it was the first cryptocurrency to reach mainstream appeal, Bitcoin has a lot of value amongst crypto investors. For instance, Bitcoin has over $133 billion in value and controls over 42% of the entire crypto market. Due to its success and importance in our economy, were here to help new investors from India find the right exchanges so that they can start buying Bitcoin today. Youll need following things to legally buy Bitcoins and other cryptocurrencies in India: Not all exchanges ask for KYC verification but most do. In order to invest and buy Bitcoin in India, you have to Continue reading >>

Despite India Crypto Crackdown, Users Can Buy Bitcoin On P2p Exchanges Like Paxful

Despite India Crypto Crackdown, Users Can Buy Bitcoin On P2p Exchanges Like Paxful

Despite India Crypto Crackdown, Users Can Buy Bitcoin on P2P Exchanges Like Paxful Despite India Crypto Crackdown, Users Can Buy Bitcoin on P2P Exchanges Like Paxful The Reserve Bank of Indias recent ban on financial institutions transacting with companies using or offering cryptocurrency services will certainly have consequences for the nation. However, thanks to peer-to-peer exchanges like Paxful, one of these is unlikely to be cryptocurrency usage and adoption in general. Paxful Offers Users Exposure to Cryptocurrency Whilst Completely Bypassing the Banks On April 5, the Reserve Bank of India issued a statement which banned the the nations banks from dealing with cryptocurrency exchanges and other similar services. Thankfully for Indias crypto enthusiasts, it didnt drop any hint of a pending government crackdown on digital currencies though. According to Sathvik V , the CEO and founder of Unocoin one of Indias largest wallet and exchange platforms the statement will leave the legality status of Bitcoin or other crypto-currencies in Indian unchanged. He believes the RBI move is to protect people and companies from the risks associated with such volatile assets. Whilst exchanges like Unocoin plan to continue their businesses, the fact that users will no longer be able to deposit and withdraw from exchanges directly to their bank accounts will surely impact their bottom line. However, there are other forms of exchange that will be able to provide off and on ramp services for those wishing to enter or exit the market. Peer-to-peer exchanges such as Paxful allow users to organise trades and pay for crypto with a variety of different methods. These include PayPal, Western Union, and even various gift card sellers such as Amazon or OneVanilla. Peer-to-peer exchanges also s Continue reading >>

How To Buy Bitcoins In India: A Quick Start Guide

How To Buy Bitcoins In India: A Quick Start Guide

How to Buy Bitcoins in India: A Quick Start Guide Last updated on January 3rd, 2018 at 11:24 am If youre located in India and want to buy Bitcoin, youve come to the right place. Take a look at our guide to buying Bitcoin in India, which explores everything from the legality of Bitcoin to the best Bitcoin exchanges . Theres some ambiguity about the legality of Bitcoin in India. While Indias finance minister has stated that the government does not recognize Bitcoin as a legal currency , he went on to say that the country doesnt have any regulations governing virtual currencies. Needless to say, without regulation or outright prohibition, Bitcoins legality in India is something of a grey area. If anything, theres been an air of caution, with Indias central bank issuing a warning over Bitcoin as well as cryptocurrencies and ICOs in general. In December 2017, Indias tax authority raided Indian Bitcoin exchanges in an attempt to gather data on investors and potentially collect tax on their investments. Considering the size and population of India, it has the potential to be a huge market for Bitcoin. Bitcoins popularity in India is growing, with trading volumes increasing rapidly as evidenced by the LocalBitcoins volume in India . Google Trends shows increased interest in Bitcoin in India, with the search term Bitcoinexperiencing a huge spike in late 2017. A number of Indian Bitcoin exchanges have seen increasing demand. Indeed, Indian Bitcoin exchange Zebpay saw over 500,000 installations of the Zebpay Bitcoin app by May 2017. However, India is still a developing nation, and many are unable to afford substantial amounts of Bitcoin. Whats more, the countrys internet connectivity and speeds are quite behind those in other parts of the world. What are the main Indian Bitcoin c Continue reading >>

Indians Look To Buy Bitcoin Overseas As Regulations Tighten

Indians Look To Buy Bitcoin Overseas As Regulations Tighten

Indians Look to Buy Bitcoin Overseas as Regulations Tighten As cryptocurrency regulations start to pile up in India, a new trend is emerging for Indians to acquire cryptocurrencies from abroad, such as from relatives or friends with overseas accounts. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License The Indian government has recently intensified its efforts to strengthen the countrys regulations on cryptocurrencies, promising that a regulatory framework for them will be announced soon . Earlier this month, the Indian tax authority issued notices to 100,000 crypto traders asking them to pay taxes. The Blockchain and Cryptocurrency Committee (BACC), an industry group whose members include 7 cryptocurrency exchanges, is considering several initiatives, such as creating a databaseof crypto users and transactions, to comply with the governments mandates. The Times of India elaborated: With Indian exchanges like Unocoin, Zebpay, Coinsecure, keen on increasing regulation and scrutiny into transactions, bitcoin aficionados say buying from US exchanges is a more popular alternative for purchases. As regulations tighten in India, bitcoin enthusiasts are now tapping into their own NRI [non-resident Indian] network of friends and family members, the news outlet added. L R Dinesh is a bitcoiner who buys expensive items using bitcoin on overseas online sites. He told the publication, For the online tech community, there are some who receive bitcoins as payment for gadget and video game reviews. But for regular purchases, one has to get a relative or friend with an overseas account to send over bitcoins. Dana L Coe, the CEO of bitcoin hardware wallet Bitlox, believes that one of the main attractions of bitcoin is privacy, the news outlet conveyed. He expla Continue reading >>

Good Luck Buying Bitcoin In India As Central Banker Bans

Good Luck Buying Bitcoin In India As Central Banker Bans

Good Luck Buying Bitcoin In India As Central Banker Bans {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. {{article.article.magazine.subscription_text}} Praveen Kumar, CEO of Indian cryptocurrency exchange Belfrics. Good luck giving this man money for Bitcoin in India. The central bank banned transferring money from Indian banks into crypto. (Photo by MANJUNATH KIRAN/AFP/Getty Images) There goes India's cryptocurrency market. The Reserve Bank of India banned banks from allowing people to transfer money from their bank account into Bitcoin wallets. If banks, e-wallets and any other entities regulated by RBI are not allowed to facilitate sale or purchase of cryptocurrencies, individuals will not be able to transfer money from any bank account in India into a Bitcoin wallet like Bitpay, nor will they be able to fund purchases of cryptocurrencies on an exchange. They'd have to figure out a way to pay people in cash, meaning if there is a Bitcoin market in India, it is going to move underground. The RBI banned Bitcoin on Thursday, effective immediately, according to The Economic Times. India is not a huge market for crypto, so Bitcoin was down only 2% today and probably not due to the RBI's announcement. China, South Korea, Singapore, Japan and the U.S. are the biggest markets for cryptocurrencies. Investors in these new digital assets have been waiting for the next big thing, but have been stuck with what one investor calls "mediocre coins from mediocre startups." The market needs something new following last year's run-in in B Continue reading >>

Where Can I Buy Bitcoins In India If I Want To Pay Through Neft?

Where Can I Buy Bitcoins In India If I Want To Pay Through Neft?

Here are some of the Indian Exchanges which I use to Buy Bitcoins Ive written a Detailed PocketBits Review & Unocoin Review on My Blog and I would like to share it so than it can help you getting started :) PocketBits which is also an Indian Bitcoin Exchange founded by Sohail Merchant. So, Today in this post, Ill share my Honest PocketBits Review and How you can Instantly Buy & Sell Bitcoins from PocketBits PocketBits is one of the Best Cryptocurrency Exchange to Buy & Sell Bitcoins or Altcoins in India. It is fully functional for 24/7 with Amazing Customer Care. Services provided at PocketBits are very fast from verification to buying or selling everything is fast. 2.) Enter your Phone Number, Password and Verify your Phone Number via OTP. 3.) Enter PocketBits Referral Code: BU99-B003 4.) Click on Sign Up Button and complete the Registration Process. Note: Once your Account is created Enable 2FA for more security PocketBits is currently having a Promo Offer where you can Earn Free Bitcoins as per your purchase. Earn Free Bitcoins Worth 100 INR on a purchase of Rs.2000 or more. Earn Free Bitcoins Worth 200 INR on a purchase of Rs.5000 or more. There is no such PocketBits Promo Code available just go ahead and make your first transaction and you will receive it accordingly 1.) First of all, Open PocketBits Dashboard. Now as you can see there are 2 wallets one is the normal Bitcoin Wallet where as the other is the INR Wallet. Bitcoin Wallet is just like any other Bitcoin Wallet. INR Wallet is like your PocketBits Wallet where youve deposited or withdrawn funds from PocketBits. 2.) Click on the Deposit Button from INR Wallet. 3.) Next, youll be able to see the Bank Details just pay the Payment via IMPS, NEFT or RTGS. 4.) Once youre done with Payment just Enter the Amount Continue reading >>

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