Delhi, India: According to a recent Kantar study, Bitcoin is presently the most sought cryptocurrency in the world, as well as the top cryptocurrency in India, with 75% ownership.
So, how can you purchase them in India? Those interested in purchasing must first locate a reputable cryptocurrency exchange, such as ZebPay, in India.
The following are the steps to purchasing Bitcoin:
* After uploading your Aadhaar card, Pan Card, and other papers, you must complete your KYC.
* To acquire Bitcoins, you must first submit a purchase order on a cryptocurrency exchange.
* You may acquire Bitcoin by transferring funds directly from your bank account to the crypto exchange after placing your transaction. NEFT, RTGS, debit and credit cards and other digital payment methods used in everyday transactions are the additional options for making payments. The fourth step is safely storing the purchased Bitcoin in the exchange’s crypto wallets or other cold wallets.
These transactions are recorded in a public ledger, and the transacted Bitcoin is identified by wallet IDs rather than the owners’ and sellers’ identities.
Before purchasing Bitcoins in India, there are a few things to keep in mind:
* You should learn about the overall situation, such as Indian and global crypto market capitalizations, track bitcoin’s market share, and the price movement of the digital coins and tokens in which you have invested. – Bitcoin owners or crypto enthusiasts can also subscribe to weekly newsletters from crypto portals for this. Invest exclusively infamous cryptocurrencies like Bitcoin and Ethereum unless you are convinced in their research. To gain quick and safe access to regularly frequented exchanges and crypto sites, bookmark them. Tweets on cryptocurrencies should be seen as popularity indicators rather than price drivers.
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