Cryptocurrency is a digital asset which is designed to work as a medium of exchange. Based on the cryptography to secure its transaction and verifying the transaction, Cryptocurrency is in trending search on the web from the last one year. In India, the market for the digital asset is not so big but in the coming future India might top the list of “Leading Cryptocurrency User”. The Government of India have neither considered the use of Cryptocurrency as legal tender nor banned it. We can say the Government itself is not sure about the decision regarding the use of the digital asset. Still, if you thinking of buying some assets then we are giving you 5 best choices to buy Cryptocurrency in India.
How to buy Cryptocurrency?
Buying the digital asset is not a Herculean Task. But if you are still unaware of it then go through this post. First of all, you need a verified wallet to keep your digital asset safe and secure. Unocoin, Zebpay, and Coinbase are some of its examples. After having a wallet you have to buy some digital currency and you are done.
What will be the best choice in selecting Exchange or Wallet?
In India, there are various Cryptocurrency wallet providers specifically all of them deal in Bitcoin. So the 5 best choices from where you can buy Bitcoin are:
It was founded in the month of July in 2013 at the town of Tumakuru, Karnataka. Unocoin is India’s First own Bitcoin wallet and platform you can buy or sell Bitcoins. Currently, more than 150,000 people are connected with Unocoin. Unocoin is safe as well as secure. Originally it only provided a platform to buy and sell Bitcoin but at present, it provides many other options like Ethereum, Ripple, BitcoinCash, and Litecoin.
How to use Unocoin Wallet?
- First of all, you need to download Unocoin App from Playstore or you can go to the official site: unocoin.com after that you have to sign up.
- Fill all the details of yours. You also need to upload your Pancard and Bank Passbook front page picture that is used to authenticate your account. It will take 2-5 days to complete all verification Process.
- After successful verification, you are able to buy and sell the Cryptocurrency as mentioned earlier. For Buying, you just need to credit your Unocoin wallet. This can be done by depositing Money in the account of Unocoin Technology Private Limited or by using Net banking service.
- Now you can buy any digital asset mentioned earlier in this post.
Originally founded as Buysellbitco.in, Zebpay is also a Cryptocurrency wallet provider. In 2015, Zebpay entered the market to provide a platform for buying and selling Bitcoin. The Procedure of registration and authentication of Zebpay account is as same as Unocoin. You either download their Zebpay App or visit their official site www.zebpay.com. There is no much difference between Unocoin and Zebpay. It depends on your choice.
Officially named as Secure Bitcoin Trader Private Limited, Coinsecure is another platform to buy and sell Bitcoins. At present, it is servicing with its official site: https://coinsecure.in and play store app. It was founded in the year of 2014. The procedure of using Coinsecure is same as Unocoin and Zebpay.
You can also use Coinmama if you want to. There is only one drawback of using this wallet. It charges a lot of fees for transactions in comparison to other wallets in the market. Moreover, you can only purchase and sell Bitcoin and Ethereum. Official site:www.coinmama.com
It is a Bitcoin start-up company of Finland. LocalBitcoins daily transactions are of nearly 1500 BTC. It is one of the most trusted Bitcoin wallet providers in the world. https://localbitcoins.com is the official website.
So here we provided you the 5 most trusted platforms to buy digital currency. You can choose by yourself according. Our advice for you is to go with Zebpay or Unocoin.
While buying any Cryptocurrency in India remember to keep your wallets secure: