How to Buy Bitcoin with INR in India?
Interested in buying bitcoin but don't know how could you buy it in India. Then look no further. Read along to learn how to buy BTC in India and find the exchanges that offer you the best trading opportunities.
Now that bitcoin has become legal in India, there are a number of exchanges that offer you the purchase option. But there are only a handful of crypto exchanges that offer quality services while meeting up to your expectations.
Therefore, to help you we have listed down best exchanges for INR to BTC exchange. But before you delve into further details, acquaint yourself with the process to buy bitcoin in India.
How to buy Bitcoin in India
You can easily buy BTC in India using the given simple steps:
- Choose a trusted exchange and create an account with it.
- Get your KYC completed.
- Link your bank account with your trading account.
- Transfer amount and you are ready to start trading.
Best Cryptocurrency Exchanges to buy BTC with INR in India
1. CoinSwitch Kuber
CoinSwitch Kuber is a popular cryptocurrency exchange available only for Indian users. The app lets users trade around 100+ cryptocurrencies including the most popular ones bitcoin, ethereum, and ripple. CoinSwitch Kuber has a pretty simplified application and offers a seamless trading experience. Whether you an experienced buff or a newbie, CoinSwitch Kuber is the best platform to buy/sell or trade bitcoins in India.
WazirX is a popular exchange for bitcoin trading. It provides peer-to-peer services along with an exchange platform. WazirX provides investors a simplified path for buy/sell and trade of crypto assets. Moreover, the exchange also offers its own coin, WazirX (WRX) at a discounted rate to trade on its platform. The trading fee charged by WazirX ranges between 0.1–0.2%.
Another reputed platform on our list is Unocoin. It is one of the earliest exchanges to offer crypto services in India. For bitcoin buy/sell/ trade Unocoin follows a simple procedure. It also has a mobile platform called 'Unocoin Wallet'. Using Unocoin wallet you can recharge mobile phones and DTH with Bitcoins.
Zebpay is a renowned name in the crypto world for its innovative solutions. The platform ensures users the most hassle-free trading experience. Its trading services are available at the most competitive prices. The trading fee charged by Zebpay is flat 0.4%.
Paxful is a widely used platform for crypto trading. It is a peer-to-peer marketplace where traders can sell/buy bitcoins directly. Moreover, the platform offers you the flexibility to purchase bitcoins by supporting multiple payment options including Bheem, PayTM and Phonepe.
Lastly, another sought-after platform for bitcoin purchase in India is Bitbnb. The exchange lets you trade around 85 digital currencies. And also offers an innovative service of allowing bitcoins to be used as SIP. However, this is not a P2P trading platform. You can buy bitcoins using Bitbns via UPI apps like BHIM, Paytm, PhonePe, and Tez.