How to buy/sell crypto in India
As we all know buying or selling crypto in India is a very grey area as of now due to the government's take on it but that being said it is completely legal to trade in crypto as of now and with Elon supporting Doge coin there is a boom in number of people who want to purchase it. So I am going to list down the procedure point by point for doing so!!
List of resources you'll need to start
A bank account
A crypto wallet
A smart phone/Laptop
The bank account: The bank account could be any bank
A Crypto Wallet: There is actually a fair number of start-ups in India, that are working in the crypto space gonna list a few here and it's your personal preference on which one to use.
CoinSwitch Kuber - The most user friendly, good for people starting new
CoinDCX - My personal favourite, since it gives me multiple detailed options on trading
WazirX: Bitcoin & Cryptocurrency Exchange in India
The procedure is fairly simple with most of these, you need to create an account with your mobile number and email, then for KYC, you would mostly need your PAN Card/Adhaar Card/Passport.
Once the account is created and verified, you'll need to link your bank account to the crypto account and after you have deposited the money in it, you can start purchasing the kind of crypto you would want!!
#cryptocurrency #btc #crypto #bitcoin #ethereum #dogecoin #dogecointothemoon #blockchain #cryptotrading
SWE @ Thoughtspot | Frontend developer | React Js | JavaScript | HTML | CSS | Angular
3 年As a beginner I started with wazirx. I felt their ui is more simpler. Only issue is the inconsistency of their bank deposits.
I wear many beautiful hats ??
3 年Great piece! I love it
Time Spent on Hiring is Time Well Spent
3 年CoinDcx Go too have a simple interface.User friendly for beginners for sure.
Creative Director, THC
3 年ZebPay too is well worth noting, has a beautiful UI.