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.
7 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.
Step 2: Complete your KYC
You would need a Driving License or Aadhar card for Identity and PAN card to complete the process.
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.
Step 4: Buy Bitcoin
You can go to exchange section and place a bid to buy Bitcoin on BTC/INR pair.
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.
Want to buy Bitcoin at best price automatically?
Botsfolio provides trading bots which buy and trade cryptos from your crypto exchange account.
Written By
Jay Sharma
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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The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.
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