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Guide to Purchasing Bitcoin in India: Cryptocurrency Exchange Tips

Explore the steps for buying Bitcoin in India through cryptocurrency exchanges. Learn about the process, regulations, and best practices for Indian investors.

Jay Sharma

11 minutes

You can use Wazirx to buy Bitcoin or other cryptocurrencies in India with UPI or Netbanking

Step 1: Create your Wazirx account

Go to Wazirx and signup to open your account.

Wazrix screenshotStep 2: Complete your KYC

You would need a Driving License or Aadhar card for Identity and PAN card to complete the process.

Wazrix screenshot

Step 3: Deposit funds (INR) in Wazirx

Go to Funds and click deposit in front of Rupee. Then you will get an option toadd payment method which can be UPI or Netbanking.

Wazrix screenshot

Step 4: Buy Bitcoin

You can go to exchange section and place a bid to buy Bitcoin on BTC/INR pair.

Wazrix screenshot

Transfer USDT at zero cost to Binance

You can link your Wazirx account with Binance from Binance Dashboard. Once done you can transfer USDT between Wazirx and Binance with zero transaction fee.

Wazrix screenshot

Want to buy Bitcoin at best price automatically?

Botsfolio provides trading bots which buy and trade cryptos from your crypto exchange account.

Written By

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Jay Sharma

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Jay is a seasoned crypto entrepreneur and technology innovator. As the Founder and CEO of Botsfolio, he has been at the forefront of the blockchain revolution since 2017. His practical experience extends to the technical nuances of crypto mining, having successfully built and managed a substantial GPU mining operation. Jay developed a groundbreaking decentralised application for fractional real estate NFTs. This innovative project garnered significant recognition. Through his hands-on experience and analysis, he aims to provide valuable guidance and empower others to navigate the dynamic crypto landscape.

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