Which are the best websites in India to buy and sell bitcoins.

 

Ethereum's price is gaining momentum, Bitcoin is also gaining momentum

Bitcoin is currently trading at a rate of 35 percent lower, but still at half its all-time record price.

 

• Bitcoin registered a rise of 3.7 percent.
• The ever-increasing regulatory pressure on the crypto market is visible.
• Ethereum price reaches $2,587 (approx Rs 1.88 lakh)

 

In the second fortnight of May, there was a lot of volatility in the cryptocurrency market. Now the market has started stabilizing. This is the reason why Ethereum registered a rise of up to 8 percent on Monday. On Monday, its value reached $2,587 (about Rs 1.88 lakh) after gaining 8 percent. Although the price did increase, it remained 40 percent less than its record high price of $ 4,300 (approximately Rs 3.12 lakh).

 

At 5:23 pm (IST) this cryptocurrency was trading at $2,565.69 (approximately Rs 1.8 lakh). At the same time, Bitcoin, the world's largest digital currency and the biggest rival of Ethereum, also registered a growth of 3.7 percent and it reached $36,977 (about Rs 26.8 lakh).

 

Although the price of bitcoin has been less volatile in the past few days, it was down 35 percent in May. The reason for this is also increasing regulatory pressure on this market.

 

The latest positioning data over the weekend of 25 May confirmed that net short positions doubled compared to the previous week. But this net-short is the smallest net short after the month of March. China had recently banned the mining activities of crypto. In this episode, the most recent statement on the market came from Bank of Japan Governor Haruhiko Kuroda, who said that this trade has been risky most of the time.

 

Currently, Bitcoin is trading at half its price from its all-time highs. This cryptocurrency is currently trading at the same level as it was trading in the month of February. Whereas in the month of April its record level was at $ 65,000 (about Rs 47.2 lakh).

Which are the best websites in India to buy and sell bitcoins.

 

Note: - One thing that I have seen about all these websites is that the real time bitcoin price of all of them is different. That's why I suggest you that do not invest all your money in buying Bitcoin only from one point of view, but invest some or the other from all of them. So let's get started.

 

CoinDCX Go

*I also invest in this*

CoinDCX Go is the best Bitcoin app for beginners to start their cryptocurrency investment journey. New investors can now choose to use CoinDCX Go instead of CoinDCX Pro as it has an easy user interface that will help them to take a safe and secure first step towards crypto with just one swipe. With around 2.5 Lakh Indians, this Bitcoin investment app is the best place to begin your crypto investment journey with a list of limited but top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tron (TRX) and others, directly by using your bank accounts. CoinDCX Go withdrawal and deposit process are smooth with zero fees on your cryptocurrency funds. You can send and receive Bitcoin and other cryptocurrencies for free, instantly, and securely all at once. While using the application, users have to complete the KYC registration process as well.

• CoinDCX Go features:
• Interactive user interface for new cryptocurrency investors
• Simple bitcoin app to buy cryptocurrency in India
• Easy and secure deposit and withdrawal of INR funds with zero fee
• Intuitive cryptocurrency investment dashboard to track your investment portfolio
• Quick cryptocurrency calculator to convert cryptocurrencies like BTC to INR and vice-versa
• 'Price Alerts' feature to track cryptocurrency charts and live rates
• Secured and insured with BitGo
• Investing in cryptocurrency with as minimum as ₹ 100
• Smooth KYC process for investments above ₹ 10,000
• CoinDCX Go registration process -
• Open the CoinDCX Go app and click on the login or Register under Account. Click on the Sign-Up button and start adding your details on the screen as shown below. Click on the checkbox to enter the referral code if you have one. Once you verify your email address, you will be asked to log in to your CoinDCX Go account.

 

wazirx

Wazirx is another famous Crypto exchange in India that has joined the party recently (in 2018).

 

It is started by an experienced team that is constantly innovating with a mission to involve every Indian in the Blockchain Revolution.

 

In the current situation, they have come up with a new way of peer to peer trading which enables Indians to withdraw and deposit INR (Indian Rupees) while trading Cryptocurrency.

 

BitBNS

Bitbns, one of the newest exchanges in India, has come up with an innovative INR on-and-off-ramp mechanism.

 

Second ways in which Bitbns are trading cryptocurrency in India:

 

#1. P2P INR Movement through BidforX Vouchers

 

#2. P2P INR Movement via UPI

 

(Peer to Peer exchange means electronic money transfer where money can be sent from person to person through any medium. Here that medium is Bitbns)

 

Getting started on Bitbns is easy and simple. All you need to do is log in with your email ID and complete the KYC process by submitting your Aadhaar card details and PAN details.

After verification, you will be eligible to trade and deal with Bitbns. But if you want to deal only in crypto, you can do so without going through the KYC process.

 

Unocoin

Unocoin is the first website that I would recommend to all those people who have never bought or sold bitcoins before.

 

Getting started with Unocoin is very easy and their interface is user-friendly. One thing that I like very much about them is that they have many features and they keep adding many more features. If you are a person who wants to invest in Bitcoin as a SIP, then do so with Unicoin.

You can set your daily, weekly, and monthly budget to buy bitcoins.

 

At the time of writing this post, a person can invest a maximum of 50 thousand rupees daily, monthly or weekly according to his schedule in bitcoin at a time.

 

Here are some other great features of Bitcoin:

 

• OTC (Over the Counter) Trading
• Auto Sell Bitcoins
• Netki: With this, you can create a human-readable address for your bitcoin wallet.
• API: It provides you such a great API that you can integrate with your business or app.
• 2 Step Authentication to secure your account.
• Unocoin has an app for both android and ios so that you can transact from your mobile-only.

 

DISCLAIMER: The information provided on this website is for educational and entertainment purposes. The information provided on these websites does not constitute investment advice, financial advice or trading advice.