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How do you purchase bitcoins in India?

Posted on: 14/Dec/2017 4:50:00 PM
One of the wide-spreading cryptocurrencies across the word is bitcoins. There are several applications for them every single day. If you are perhaps looking for ways to buy bitcoins and sell the same in India, we here have the detailed procedure below.

Identify a bitcoin wallet

You can purchase bitcoins online, as they will be available in stores online in the wallet in digital form. There are several bitcoin exchanges available in India such as Unicorn, Zebpay, Bitxoxo, Coinbase, and so on from which you can choose to buy. Based on the features, platforms that you can use them on, and security features, you can decide which platform to go with.

Set up an account

By registering with specific bitcoin service providers, you can set up your account. This will serve as a secure place for storing all the bitcoins you have purchased. And there are easy payment options for converting the local currencies as bitcoins.

Buy or sell order

On initiating your bitcoin purchase, you will be redirected to the exchange and the bitcoin purchase rate. Bitcoin purchase level is largely pushed and thus, you can buy only a meagre amount of bit coins. You can also sell bitcoins in the same way.