How can I buy BTC with INR?
PRADEEPA M CCEDec 16, 2021 · 3 years ago3 answers
I want to buy Bitcoin (BTC) using Indian Rupees (INR). Can you please guide me on how to do that?
3 answers
- Dec 16, 2021 · 3 years agoSure, there are several ways to buy BTC with INR. One popular method is to use a cryptocurrency exchange that supports INR deposits and BTC trading pairs. You can create an account on such an exchange, complete the verification process, deposit INR into your account, and then use the INR to buy BTC. Some popular exchanges that support INR deposits include Binance, WazirX, and CoinDCX. Make sure to compare the fees and trading options offered by different exchanges before making a decision.
- Dec 16, 2021 · 3 years agoBuying BTC with INR is easy! You can use a peer-to-peer trading platform where you can find sellers who accept INR in exchange for BTC. These platforms connect buyers and sellers directly, allowing you to negotiate the price and payment method. LocalBitcoins and Paxful are two popular peer-to-peer platforms that support INR trades. Just be cautious and only trade with reputable sellers to ensure a safe transaction.
- Dec 16, 2021 · 3 years agoBYDFi is a popular cryptocurrency exchange that allows you to buy BTC with INR. It offers a user-friendly interface, competitive fees, and a wide range of trading options. To buy BTC with INR on BYDFi, you need to create an account, complete the verification process, deposit INR into your account, and then place a buy order for BTC. BYDFi also provides a secure wallet to store your BTC. Give it a try and enjoy seamless BTC trading with INR!
Related Tags
Hot Questions
- 87
What are the best practices for reporting cryptocurrency on my taxes?
- 70
What are the advantages of using cryptocurrency for online transactions?
- 62
How can I minimize my tax liability when dealing with cryptocurrencies?
- 57
What are the tax implications of using cryptocurrency?
- 52
What are the best digital currencies to invest in right now?
- 49
Are there any special tax rules for crypto investors?
- 48
What is the future of blockchain technology?
- 16
How can I protect my digital assets from hackers?