How to buy bitcoin in India with With Gpay, UPI, IMPS, Paytm and Bank account instantly

— Do you know how to buy Bitcoin in India with local payments like google pay, UPI, IMPS, Phone pay, Bank account? Lots of my blog readers ask how to buy Bitcoin in Indian currency

So today I thought why not give you complete information about how to buy Bitcoin in India. Bitcoin has expanded its reach in a very short time. When it first came into Visva's market, it was the first Cryptocurrency. Its value was not so much. And due to it being a decentralized currency, people's faith in it was not so much in the beginning. 

how to buy bitcoin in india

But with time, the faith of people started increasing in it and more and more people started joining it, due to which its price started to increase significantly. Today its price is around 13,88,159 INR.

From this, you can guess how in a very short time its price has increased. This is because its transaction fees are very low. In the present times, people are investing more in Bitcoin instead of the Share market and are also earning good profits.

You might not know this, but Bitcoin is legal in India. Now you can buy and sell Bitcoin in India, that too in Indian rupees. So today I will try to give you complete information about how to buy Bitcoin in India. Then what is the delay? Let's start.

What is Bitcoin?

Bitcoin is a virtual currency and cryptocurrency. Just like other currencies are Rupee, Dollar, etc. Just like Bitcoin is also a digital currency. This is completely different from other currencies because we can neither see Bitcoin nor touch it like money. We can store Bitcoin only in the online wallet.

Bitcoin was invented by Satoshi Nakamoto in 2009 and since then its popularity has been increasing. Bitcoin is a decentralized currency, which means that there is no bank or authority or government to control it, that is, no one owns it.

Anyone can use Bitcoin just like we all use the internet and it does not have any owner, in the same way, Bitcoin is also.

Bitcoin Price

If we talk about the price of Bitcoin, then in today's date the price of 1 Bitcoin is around 13,88,159 INR (Indian Currency) or Rs.13,88,159 / -. It is not at all like that if you want to buy bitcoin, then you have to buy a whole bitcoin.

The thing to understand here is that the smallest unit of Bitcoin is Satoshi and one Bitcoin = 10,00,00,000 is close to satoshi.

Just like there is 1 rupee = 100 paise in Indian currency, similarly, 10 crores satoshi together is 1 bitcoin. Which also means that you can break 1 bitcoin up to 8 decimals. For example, you can buy or sell 0.0001 bitcoin.

List of document required for buying bitcoin in India

If you want to buy Bitcoin, then you have to follow a prescribed procedure for it.

  • You must have a Valid Id Proof. Such as Driving License, Voter Id, Aadhar Card, Pan Card, or Passport.
  • It is mandatory to have a bank account in your name, which you will have to link to the website before purchasing, and only then the transaction will be successful.
  • You must have a PAN card.
  • It is also necessary to have a Valid Email Id.
  • When registering on the website, all the information is required to be given correctly and in strict form, otherwise, your account will not be verified.

How to buy bitcoin in India?

Now you must have guessed a lot about Bitcoin, what is it and why its fame is increasing day by day. You can buy bitcoin just like gold, in Indian currency. So let us know that there are websites from such cones in India from where we can buy Bitcoin very easily, that too in our own currency.

For your convenience, I have listed them according to their popularity so that you will be able to know about them. Here on these websites, you can easily see their current price in real-time also.

1. Unocoin
2. Zebpay
3. Coinsecure
4. BTCxIndia
5. LocalBitcoin

1. Unocoin

Unocoin is a very friendly website that anyone can use. With this, you can buy and sell bitcoin very easily. Unocoin has many such features that make it different from others.

1. Zero% fees - Unocoin does not charge customers any fees for accepting bitcoins as a payment method
2. Simple Integration - You can integrate your business with Unocoin very easily.
3. 0% Volatility Risk - If there is some fluctuation in the price of Bitcoin, then you can keep Bitcoin or even sell it immediately.
4. No Chargebacks - If you are using Unocoin then you do not have to pay any chargeback.
5. OTC Trading (Over the counter)
6. Auto Sell Bitcoin
7. Netki - You can create your own Bitcoin address that anyone can read.
8. 2 step Authentication for greater security

2. LocalBitcoin

If you want to buy Bitcoin through cash, then the best option for you will be to use LocalBitcoin. There are many options to buy bitcoin here so that you can buy bitcoin according to your mind. Bitcoin may be priced a little higher than other websites here, but if you want to buy Bitcoin at any cost, then this is the right option for you.

One thing to note here is that any purchase you want to make in cash or cash, do it in public places only so that it will also maintain your security. Here you can sell Bitcoin for more than the market price, which is a profitable deal.

I sincerely hope that I have given you complete information about how to buy Bitcoin in India and I hope you have understood about how to buy Bitcoin in India.

I request all of you readers that you too should share this information in your neighborhood, relatives, and friends so that our awareness will be there and it will benefit everyone. I need your support so that I can convey more new information to you.

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