5 Best Site To Buy And Sell Bitcoin in India

Spread the love

Recently, we had published two articles about Bitcoins on our blog, in which it was told what is Bitcoin and how you can buy Bitcoin using Unicoin in India. If you have not read those articles yet, then I recommend you that before reading this article, you must read those articles whose links are given below:

What is Bitcoin? Important things to know about Bitcoin


How to Buy Bitcoin in India Using Unocoin?
Let us now know which are the best websites in India to buy and sell Bitcoins. The websites given below have been listed according to popularity and ease of use.
Bitcoin price is different on all websites. That’s why I suggest you do not invest all your money in buying Bitcoin only from one strategy but invest some or the other from all of them. So let’s get started.

Best Site To Buy And Sell Bitcoin in India

  1. Wazirx
  2. Unocoin Wallet
  3. BitBNS
  4. Purse
  5. LocalBitcoins India


Wazirx


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

It is started by an experienced team which 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

Bitbns has two ways of trading cryptocurrency in India:

  • P2P INR Movement through BidforX Vouchers
  • 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. Login with your email ID and password with complete 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 Wallet

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 up to 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.


Purse


Unlike all the websites mentioned above, this website works in a slightly different way. Here you can use your Amazon gift cards to buy bitcoin and then convert those bitcoins to Unicoin and convert them to INR.

This is a great way to trade your Amazon gift card.


LocalBitcoins India

Do you want to buy bitcoins with cash? Then LocalBitcoins is waiting for you. Here you can find such sellers who can give you bitcoins by using different payment options which also includes cash. You can see in the screenshot given below what are the options available to an Indian citizen.

Locabitcoins Payment Gateway


LocalBitcoins is also popular among people who want to buy bitcoins using PayPal. According to security, they have also added 2-factor authentication and whenever you login from any other device, you have to verify on one side.

The price is high to buy bitcoin here. But those people who want to buy bitcoins at any limit, then this is a good choice for them. If you want to buy bitcoins through cash, then keep in mind that you do the transaction in a public place. If you want to sell bitcoins in India at a higher price then this is still a great choice.

Create a free account on LocalBitcoin

So this was our list of great websites to buy bitcoins in India.

I like WazirX for its simplicity and also for their mobile transactions done through you. You can choose any website from the list according to your preferences.

Leave a Comment