These days, there are plenty of cryptocurrency exchanges in India that have made purchasing the likes of Bitcoin and Ethereum extremely easy. So the process of being a crypto-investor/trader in the country is easier than ever. You simply find a good exchange, make an account there, recharge your wallet and then purchase the desired cryptocurrency.
Some of the popular cryptocurrency exchanges in India are Zebpay, Unocoin, Coinseure, and Koinex. While these platforms have been offering Bitcoin from the get-go, more of them have recently started the trading of Ethereum as well, given its surging craze. Here’s an extensive list of 15 Indian Bitcoin exchanges.
Pick one of these platforms and create an account. Almost all of them will ask for your Aadhaar and PAN card for verification purpose. You will also have to connect your bank account with the exchange. After the verification is done and your account is fully-functional, you will then have to transfer the amount of money you want to invest in BTC and ETH from your bank account to your newly created account on the crypto exchange.
Once that is done and your money is successfully transferred, you can buy and sell your desired cryptocurrency at the listed price. Below are two great sources to find more information on this:
Due to the sudden increase in the price of both Bitcoin and Ethereum, investors in India are getting more interested in cryptocurrencies. But one thing always keep in mind that acquiring and storing cryptocurrencies in India could be a complicated process as cryptocurrencies remain in a legal grey area and it’s challenging to ensure official resellers. Have a look at the best places to buy Ethereum in India.
BuyUCoin offers Indian users buy, sell, trade, and store 30 cryptocurrencies, altcoins, tokens like Bitcoin, Ethereum, Ripple, Litecoin, Neo, Bitcoin Cash and much more directly with Rupees (INR) in India.
EhexIndia not only allows you to buy Ethereum but also permits to trade in it. Users can just buy Ether from EthexIndia in increments of 1, which could be a problem for people who want to buy smaller quantities. But they also have a 24×7 customer service which is very handy for beginners.
BitBay currently accounts for more than 60% of the cryptocurrency market in central Europe, so it is undoubtedly a major player among the cryptocurrency exchanges. BitBay has started operations in India and they offer and support several cryptocurrencies, including Bitcoin Ether, Lisk, Litecoin, Monero, Game Credits, and Dash.