Cryptocurrency India | How to Buy Cryptocurrency in India?

Cryptocurrency India

Before we start here we introduced you about cryptocurrency: Cryptocurrency is nothing but Internet money or Digital cash, whose value continuously fluctuating with different time interval and main stream of cryptocurrency is for investment purpose works just like stock market, it has market cap value which increased with number of investor as well as invested money by user, as First cryptocurrency i.e. Bitcoin who is currently holding first position with highest market value, which was invented by Satoshi Nakamoto in 2008 with idea of peer to peer transaction and also user can exchange their currency with any of cryptocurrency for which there are many different portal is available in internet world, as China is only country who put banned on cryptocurrency because there are many user illegally investing huge money so just like that no country till date makes official announcement about legalization of cryptocurrency, so no country gives approval to invest in cryptocurrency, as there are many earning lots of money by investing but also many of people lost their money but in cryptocurrency there is always ups and downs.

How to Get Cryptocurrency?

How to Buy cryptocurrency in India
How to Buy cryptocurrency in India

There are only two ways user can hold cryptocurrency i.e. by mining it means user has to use create cryptocurrency by using its GPU power or you can directly buy through any online buying and selling portal as some newly launched cryptocurrency is not available in some of portal in this case user that to exchange famous cryptocurrency like Bitcoin, Ethereum to newly launched cryptocurrency. So below we are giving some online portal for Indian User who want to invest, but before you invest you have known Indian Government haven’t approved such third party investment, as in December there is legal action taken against over 5 lakhs of people for investing in coin, because they skips Tax and makes investment in cryptocurrency.

Read Also: Top 5 Cryptocurrency to Invest in 2018

How to Buy Cryptocurrency in India

As there are millions of citizen right now in queue in invest in cryptocurrency so there are some Indian origin portal and some portal is available globally as there is some fraud portal also launched so to avoid that we have listed some promising and legal trade sites which has secure payment.

  • Zebpay: Zebpay is first Indian portal which allow to user to Buy and Sell Bitcoin which was founded by Mahin Gupta in 2012 and officially launched on September 2014 by changing name Buysellbitco.in to Zebpay, now this is Indian most popular and trusted Exchange portal ever and also provide Wallet App and online Wallet with this Zebpay till now cross 500 crore turnover in 2017 and now many Indian company officially in queue of making partnership with Zebpay.
  • Unicoin: Second most popular portal of Bitcoin Buy and Sell in India, who was offering Bonus sign up amount for new use only in which many people started investing in Unicoin and it has many feature like Mobile or DTH Instant Recharge and also shows live price in INR which is easy to use and store Bitcoin. But because of under maintenance it always get less attention.
  • Koinex: as Unicoin and Zebpay allows to Buy or Sell only Bitcoin but Koinex is allow to Buy or Sell Ethereum, Bitcoin cash, Ripple and Litecoin and also offering Reward of Rs.100 to refer friend in which referred friend also get Rs.50 as right now after getting huge load because sudden growth in Ripple Price and as Koinex is only Indian portal who allow to Buy Ripple, which result status again changes to under maintenance, but it restart very soon.
  • Coinsecure: Its takes one week to update KYC and account approval, which provide Bitcoin Last and latest price of Buy and Sell, also most secure portal to send, receive, trade and store Bitcoin with Wallet, which is rated over 3.5 star out of 5 in Google App Store App.
  • Buyucoin: this is India’s first Multi cryptocurrency Wallet which gives you direct buy Option cryptocurrency like NEO, Dash, Omisego, Qtum, Golem, Lisk, Nem, Ltc, Ethereum and other altcoin. And It completes 30k Traders in just 3 months was launched in 2016.
  • Btcxindia: this portal provide you Support via Phone and chat along with live updates on Bitcoin price via chart, which worked on crypto token marketplace and now started Ripple Token for INR, so after Koinex and Buyucoin Btcxindian is most favourite to buy Ripple.
  • LocalBitcoins: it has unique feature of to keep Private your investment and also gives fastest and easiest way to instant Buy and Sell Bitcoins, as this portal also one of the oldest Indian online portal founded in April 2014 by Jeremias Kangas and has over one million active traders and also over 1k Bitcoin trade every day.
  • Coinmama: This portal accept credit or Debit card and also you can directly buy Bitcoin with cash and E-wallet and coinmama is founded by NBV International in 2013 which provide you financial service along with trade exchange.
  • CoinDelta: this portal makes official announcement of adding new cryptocurrency like Ethereum, Litecoin, OmiseGo, Qtum and Ripple for instant buy and sell and owner having aim to Bringing India closer to Blockchain.

Global Portal to buy cryptocurrency in India

  • Binance: this one of the most portal of cryptocurrency exchange and having highest number of different coin, as there is giveway for traders as they gets more publicity because last month they put Lamborghini as prize and also announced winner in January month.
  • Yobit
  • Coinbase: currently not available in India, but already in queue of Launching.
  • Hitbtc
  • Bittex
  • Bitfinex
  • Etherdelta
  • Changelly
  • Bitstamp

Note: this is article is all about how to invest in cryptocurrency, as we do not suggest to invest in cryptocurrency.

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