Bitcoin is the most popular cryptocurrency in the world which was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middlemen – meaning, no banks. Bitcoin started the technology of Blockchain as well. Initially, Bitcoin started its journey just for booking hotels, buying burgers, etc.
Bitcoin makes everyone’s eye on it at the end of 2017 when it reaches $17900 for 1 BTC. Till the end of 2010, the price of Bitcoin never reaches even $1 for 1BTC. In April 2011, its first time crosses $1 for each BTC. And from there in less than 6 years it boomed. For instance, who bought 1 BTC for $1 in 2011 and keep on holding it till 2017, what will be the price? $17,000. And think of that man who bought 100BTC back in 2011 and sold in December 2017. He would be an owner of $1,700,000 or 11 Crore Indian Rupees. So, as technology and awareness enhances, people started investing in BTC and even today less than 1% of investors invest in BTC. Now coming back to our point.
Platform for Bitcoin Trading in India
You can buy and sell bitcoin by Smartphones, Laptops, Tablets or any other similar devices. Now, more than 100 sites are available which allows you to buy and sell BTC. But here, we will talk about the most popular Bitcoin trading sites and apps in India.
Out of these five Unocoin and Zebpay are the topmost using Sites and Apps for Bitcoin trading. You can download the app of either unocoin or zebpay and the rest will be a very easy process. If you don’t have a smartphone you can visit the official sites of Unocoin or Zebpay. Both the wallets work similarly. Here we will tell you about the procedure to buy Bitcoin from Unocoin.
How to buy Bitcoin (BTC) for Unocoin
- 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 BTC.
While buying any Cryptocurrency in India remember to keep your wallets secure: