Bitcoin is a cryptocurrency that allows you to carry out financial transactions online without the need of an intermediary such as a bank, credit card etc. It is an easy and convenient mode of payment that guarantees transparency of transactions as well. More and more people are beginning to transact daily through bitcoins. Lets have a look at how one can buy bitcoin through a Bitcoin Wallet App in India.
Some of the websites that allow users to buy and sell bitcoin in India are described below. All of them are online bitcoin exchanges that are promoting bitcoin in India.
Unocoin is considered to be amongst the first bitcoin wallets of India. It is actively promoting bitcoin in India and is engaging with the government as well. Unocoin allows its users to buy bitcoin through its bitcoin wallet app that is available on different mobile stores. It also allows the user to pay his bills and pending payments. Thus, one can buy bitcoin in India through the Unocoin bitcoin wallet app and further carry out his transactions.
Zebpay is a Bitcoin wallet app that enables bitcoin transactions using the mobile number of its users which thereby guarantees complete convenience to its users. Using Zebpay wallet app, one can buy, sell, store and spend bitcoin. The user can use his purchased bitcoin for carrying out transactions.
Flitpay is a bitcoin marketplace in India which helps you buy and sell bitcoin using Flitpay Bitcoin Wallet App. It strives to provide customers the best price and services in the market. It also guarantees transparent, safe and secure worldwide payments, faster transactions etc. It provides a complete record of transactions as well on its mobile app.
Coinsecure also provides bitcoin services in India. It guarantees easy and secure bitcoin services for consumers and merchants.
Most of these bitcoin exchanges follow a similar process of bitcoin trading. The following steps help you get familiarised with them.
The first step is to find a bitcoin wallet which allows you to transact in bitcoin. Download the bitcoin app available for Android or IOS on your device.
Sign up after downloading the app by entering the required details such as your name, mobile number, Email Id etc.
Verify the account by submitting your Bank account details, PAN Card details, others if necessary. Once verified, you can access the app to start transacting.
You must deposit some amount in your Bitcoin wallet in order to purchase bitcoins. You can deposit money into your wallet through your credit card, bank account etc.
You can buy bitcoins either through your credit card, a bank account, with cash, or amount available in your Bitcoin wallet depending upon the terms and conditions of the Bitcoin Wallet App.