Bitcoin soaring to $10,000 has got many investors interested; three ways to buy
Here's how you can invest in Bitcoin in India if you're interested:
Zebpay
You can download the Zebpay application from play store or Apple store and create an account and complete the verification process. You will require PAN card and Aadhaar details with an image of a cancelled cheque/statement/pass-book and required bank details to verify your account. Your account will be verified within 3 working days.
Zebpay
You can download the Zebpay application from play store or Apple store and create an account and complete the verification process. You will require PAN card and Aadhaar details with an image of a cancelled cheque/statement/pass-book and required bank details to verify your account. Your account will be verified within 3 working days.
Click on the deposit option to add money to your Zebpay wallet via "express account" option. The transaction is similar to adding money to a Paytm wallet. Once, the money is credited to your wallet, you can follow these steps to buy bitcoin:
> Click 'buy' option on the home screen
> Enter the amount in Rs to buy bitcoins from your Rs balance and click 'buy'
> Enter your 4 digit PIN to confirm your purchase
> Once you enter the PIN, your bitcoin purchase is complete and you can also see your new bitcoin balance on the home screen
> Click 'transactions' with Rupee symbol to see the transaction details.
Unocoin is another Indian company that allows users to buy, trade, transact, accept and store bitcoins in their wallet.
Users are required to register and verify their details to create their account. The steps are similar to the one mentioned above. In addition, unocoin allows the user send bitcoin to your friend's email address (who may not have an Unocoin wallet), request bitcoin from a friend (who may not have an Unocoin wallet).
You may also top-up your mobile/DTH directly from your Unocoin account by paying through bitcoin.
Coinbase
Download the coinbase application,
available for iOs and Android. Sign up for the app by providing your name,
contact number, and country. Verify your details via two-step verification
security, which Coinbase sends to your number.
Once you verify your number, enter the account details. You can
transfer money to your coinbase wallet using a credit/debit card or using
internet banking.
You can buy Bitcoin using the 'buy' option. After you enter the
amount you want to invest, it will show you the current valuation of
bitcoin and ask for confirmation. Select 'Buy' to complete the transaction.
Apart from these wallets or bitcoin exchangers,
you can buy bitcoin from a cloud mining provider such as CEX.in, hashflare and Genesis mining.
Credit: Moneycontrol
Post Comment
No comments