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How do I trade bitcoins in India?

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Charlotte
How do I trade bitcoins in India?

Bitcoin is like a normal currency but it is not physical currency. It is completely managed electronically, securely, and instant transfer money. There are no financial institutions to handle Bitcoin.

How to buy Bitcoins in India?

In India, you can buy and sell bitcoins from some trusted cryptocurrency exchange websites. There are quite a lot of trading platforms and trading apps. Choosing the best platform to buy or sell bitcoin with Indian rupees is koinbazar.

What is the minimum amount needed to buy Bitcoins in India?

Today ( 5/5/2021) one Bitcoin costs 40,85,151.69 Rs. But you need not buy one Bitcoin to begin investing with. You can start with buying a part of the Bitcoin-like 0.1 = 408515.17. Check on Google to know the latest price of Bitcoin in INR.

What are the legal procedures to trade Bitcoins in India at koinbazar?

Firstly, you need an account on the koinbazar exchange website and verify the KYC(Know Your Customer). For that, you need to submit your valid id proof. Next, you need to link the bank account details and deposit fiat currency. Now, you can trade BTC to INR trading pairs on koinbazar. 

 

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