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Author Topic: How to Trade Bitcoin in India ?  (Read 118 times)

vipinsahu

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How to Trade Bitcoin in India ?
« on: April 17, 2021, 08:16:37 AM »
Now The Supreme Court Of India has struck down the RBI ban on banks from providing services to crypto businesses. Cryptocurrency is a decentralized and digital currency that has gained significance in the investment market. There are two ways through which one can invest in cryptocurrencies.

Overseas Exchanges
Local Exchanges


The below-mentioned platforms allow cryptocurrency trading with INR, USD, USDT, C2USD. That means you can buy Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and other available cryptocurrency using these four markets. You can even store cryptocurrency in a digital wallet that is provided by the exchange itself. Users are given full custody of the wallet to maintain transparency.

For buying and selling cryptocurrency, one needs to have a complete understanding of the crypto market. You can go through news and blogs to know about the prevailing prices of different stable coins. and you can spend as low as Rs.10 for buying cryptocurrency in India. The best thing about cryptocurrencies is that they can be bought in chunks or small parts if not as a whole. Also, many well-known cryptocurrencies are economical, which can be bought by investors with less money

read more to Buy Bitcoin in India

AlexHales

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Re: How to Trade Bitcoin in India ?
« Reply #1 on: April 24, 2021, 01:41:09 PM »
We are hardly required to do anything special or extra ordinary; itís all about keeping things simple and straight forward instead of setting unnecessary targets which lead to nothing but problem and troubles. I donít do anything crazy instead I like simplicity and thanks to FreshForex, I am able to achieve great results with it to do with low spreads from 0.1 pips to high leverage up to 1.500 while they also got brilliant rebate scheme where I get 50% back on all trades.

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Re: How to Trade Bitcoin in India ?
« Reply #2 on: May 07, 2021, 01:42:07 PM »
If crypto trading remains legal in India then one trades them like people do everywhere else - through one of the many crypto exchanges on the market.

Shiftal

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Re: How to Trade Bitcoin in India ?
« Reply #3 on: May 07, 2021, 02:35:32 PM »
There are numerous ways to buy bitcoin in India. They can be bought on exchanges and there are several marketplaces that facilitate transactions directly between people. The method of buying bitcoin varies depending on your preferences, available options, and capital. But you can use a variety of methods such as Ė online transactions, cash or even bank transfers Ė more on that, below.

The preliminary step when buying cryptocurrencies is to get hold of a digital wallet to store your bitcoin and it is mandatory for buying one. After that, you can use any of the above-mentioned methods to purchase bitcoin. There is no restriction on the type of online wallet you use. The various types can be:

From any exchange platform

  • A desktop wallet
  • A mobile wallet (Decentralized)
  • It can even be an offline one like a hardware device

Itís highly recommended you use a personal wallet Ė either a desktop/mobile one or even a hardware device, for maximum security and safety.

One of the Best ways to buy bitcoin in India is by register on an online cryptocurrency exchange. There are several crypto exchanges available today that are secure and boast of healthy liquidity to allow quick and easy trades. All you need to do is a bit of research on some of the cryptocurrency exchanges ideal for you in order to clearly get the bigger picture. Some exchanges are prone to security lapses and can be unreliable, so you need to be careful. Similarly, you should also research your Bitcoin wallets before getting hold of any of them. Some of the globally renowned Bitcoin exchange includes Shiftal.


 

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