How to Buy Bitcoin and Crypto in India
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Trading Bitcoin Cryptocurrency and How to Buy Bitcoin and Crypto in India
If you’re interested in buying Bitcoin or other cryptocurrencies in India, here are the steps you can follow:
Choose a cryptocurrency exchange: There are several cryptocurrency exchanges in India such as WazirX, CoinDCX, ZebPay, and others. Choose an exchange that is reliable and suits your needs.
Complete the KYC process: Once you’ve chosen an exchange, you need to complete the Know Your Customer (KYC) process by submitting your identity proof and address proof. This is a mandatory step for all cryptocurrency exchanges in India.
Add funds to your account: After completing the KYC process, you can add funds to your exchange account using various payment methods like UPI, bank transfer, credit/debit cards, and others.
Buy Bitcoin or other cryptocurrencies: Once you’ve added funds to your account, you can buy Bitcoin or other cryptocurrencies using the funds available in your account.
Store your cryptocurrency in a wallet: It is recommended to store your cryptocurrency in a wallet rather than leaving it on the exchange. You can choose a hardware wallet or a software wallet depending on your preference.
Monitor the cryptocurrency market: The cryptocurrency market is highly volatile, so it’s important to keep an eye on the market and make informed decisions.
Sell or trade your cryptocurrency: You can sell your cryptocurrency on the same exchange where you bought it or transfer it to another exchange to trade it for other cryptocurrencies.
Remember, investing in cryptocurrency is highly speculative and involves a high degree of risk. Do your own research before investing and only invest what you can afford to lose.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.