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How can I transfer my bitcoin money into my account?

Masroor Alam
3

 Bitcoin is the world's most popular cryptocurrency and now it is widely used in lots of countries, Transfering bitcoin money to any bank account is a simple and secure process, today we learn how to transfer my bitcoin money to my bank account securely.  


how can i transfer my bitcoin money into my account

What is Bitcoin?

Bitcoin is the world's most popular cryptocurrency launched in early of 2008 by two mysterious programmer Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

It is the world's first decentralized digital currency where without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. All transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services users using a cryptocurrency wallet, most of them using bitcoin




Today the young generation attracts toward cryptocurrency that's why it rate rises day by day, It is a dream for everyone to get some bitcoin. Once you have got bitcoin then you think how to exchange it into cash in your local currency, 


How to transfer bitcoin into my Bank account 

There are several ways to convert your bitcoin into your local currency. For this firstly you need to choose a trusted and reliable exchange,

Buying Or Selling Bitcoin is Not a simple task, Due to its decentralized nature, there are lots of scams happen every day. I will guide how you can buy or sell bitcoin in India without any fear in this article.

Steps-01  - If you are thinking to buy bitcoin or sell bitcoin then you need a valid bitcoin wallet for sending and receiving coins, 

  • Bitcoin wallet 
  • Bank account 
  • Identity Proof
  • E-mail 
  • Valid Phone 
Once you get all the above-listed documents, Now it's time to find out which one Market place is best and trusted to buy and sell bitcoin. 

Step -02 Choose Market Place   — There are lots of websites that offer buy-sell services with your local currency but the main thing how to find out which one is best and genuine. After our research, we have found out some best marketplace for you,  

LocalBitcoins - 

Its is the world most popular cryptocurrency market place, If you are a beginner then definitely LocalBitcoins is the best place for your dream, LocalBitcoins is based in Helsinki, Finland, Its allow to trade bitcoins with local currency, User is allowed to post advertisements on the official website, where they post exchange rates, payment method, how to contact them and lots information to gain your trust.

Paxful  - 

Paxful is the second most trusted and reliable marketplace for buy and sells bitcoin. Paxful was come in alive in early 2015 by experienced software developers and businessmen Ray Youssef and Artur Schabacker.  It is now an MNC company and having more than 200 employees with 3 million users around the world.

Zebpay -  

It is an Indian company that allow Indians to buy and sell bitcoin with INR, but now it is closed by the government,

WazirX - 

WazirX is India based cryptocurrency exchange and operated by Binance one of the biggest crypto exchange in the world, WazirX user get future like 

  • Crypto exchange based in India
  • Deposit INR with IMPS & UPI
  • Low fees and many coins

CEX.IO   

CEX.IO - World class leading crypto exchange, enter in the crypto market in 2013, More than 3 million registered clients around the world, 0% customer funds loss, 99% country supported along with 47 states of the united states. You can buy bitcoin in 3 simple steps.
  • Choose the amount to buy
  • Pay with your credit or debit card
  • Store your funds on CEX.IO or withdraw anytime

Coin-Mama -  

Coinmama is the world-class leading cryptocurrency exchange & marketplace to buy & sell crypto. Coinmama is based in the Slovak Republic and allows its user to trade in bitcoin with a credit card, debit card, or bank transfer.  there are  millions of users from worldwide, 

Truth and facts about coinmama
  • Coinmama official website: https://www.coinmama.com/
  • You can buy and sell  Bitcoins with a credit card, VISA, and Master Card through Coinmama.
  • Besides Bitcoins, Coinmama also sells Ether also.
  • Coinmama is located in a Country in the Slovak Republic.
  • Coinmama offer affiliate program to its Users
  • Official Slogan - Buy bitcoins with a credit card 
  • Read More About Coinmama: https://www.coinmama.com/about_us
✅ Get Start With CoinMama 

UnoCoin  - 

Another one bitcoin trading platform for Indias are - Unocoin was its amazing for Indians user because you can buy or sell bitcoins via online banking like NEFT and RTG, It is India based company founded by  Sathvik VishwanathSunny Ray, Abhinand KasetiHarish B V in December 2013
Unocoin User benefits 
  • It is a regulated company in India
  • Backed by US investors 
  • Low transaction fee

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3 Comments
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  1. Bitcoin's price is currently $36,982.76 and its dominance is currently 48.35 percent, an increase of 0.54 percent over the day.
    https://www.buyucoin.com/buy-bitcoin-india

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  2. The team of WINk is dedicated to long-term growth and success in the platform. All core team members have pledged to develop the Platform in the foreseeable future and are linked to performance-based incentives.

    WINk is a truly global project with members from teams all over the world. The other four are blockchain veterans who participate in the industry as developers as well as operations and business development managers, three of the 11 teammates come from game management backgrounds. Buy Wink in India

    ReplyDelete
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