Bitcoin ! Bitcoin ! Bitcoin ! Now it seems like the whole world is crazy for Bitcoins. And the reason is obvious, i.e sudden growth in Bitcoin prices. In one month Bitcoin prices has been doubled and touched 18000 USD mark from previous month’s 9000 USD mark. Means the person who have invested 9000 USD in Bitcoin just received 100% profit. It’s insane isn’t it?
Bitcoin in India
India is one of the biggest investment and consumer market, So undoubtedly she can’t lag behind in the crazy Bitcoin race. Google reported that “How to Invest in Bitcoin in India” is trending in all over India, means millions of Indians are giving their interest to know how to invest in Bitcoin. Lot of people are asking in thousands of forums “Is Bitcoin India legal” ? , How to transfer Bitcoin to Indian bank account, etc. So is there any legal process to invest Bitcoin in India? Answer is Yes. There are several wallets by using which you can invest in Bitcoin India. ZebPay, UnoCoin, Luno, Coin Secure etc.
How to Invest in Bitcoin in India / Bitcoin Investment using ZebPay
As I told there are several Bitcoin wallets that allow Bitcoin transaction under RBI guidelines, but among all, the most popular is ZebPay. It’s totally secure and follow all the Bitcoin India RBI guidelines. To get started follow the below steps.
- Download their Android/iOS app and signup using your mobile phone number
- Verify your Aadhaar Card, Pan Card followed by your Bank account
- The verification takes Maximum 2 business days. Once verified you can start your Bitcoin transaction
- To purchase Bitcoins you need to deposit some amount to your ZebPay Wallet
- You can deposit using IMPS/ RTGS/ NEFT from your registered bank account to your ZebPay wallet
- Once the amount is received in your ZebPay wallet you can start buying and selling Bitcoins
Ensure that All the details you have given during verification process is correct and up to date, and the Bank Ac. details that you have given is the only mode of transaction with your ZebPay wallet
Note: Usually we have seen that Bitcoin prices in ZebPay are expensive than market prices and sometimes the difference between buy and sell price of Bitcoin is very high in ZebPay. So invest carefully on your own risk and concern.
Watch our practical and detailed video on “How to Invest in Bitcoin in India” for more information.
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