Bitcoin investment in India is possible only via few popular websites or mobile apps. In last few years price of bitcoin cryptocurrency has increased significantly. Bitcoins are priced in USD, but start traded in multiple currencies. Now many investors in India are interested to invest in this global currency so BCT to INR is getting most interaction in trading.
Even though trading in BCT to INR is not recognized by RBI, SEBI and any other government official body in India, few popular service companies are providing bitcoin to inr service.
Bitcoin is a virtual currency that was created in 2009. Bitcoins are software generated currency, where transactions are made with no middle men, i.e, no banks! With this there are no transaction fees. Still this currency is not globally accepted, but more merchants are beginning to accept them, You can buy webhosting services, pizza or even manicures. The bitcoins can be transfer from one person to another person without any geographical bounding, in such case it’s getting more popular among people who do trading internationally.
Bitcoins are stored in a 'Digital Wallet'. Which can be exists either in the cloud or on a user's computer. The wallet is a kind of a virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money. Unlike bank accounts, bitcoin wallets are owned and controlled by the user itself.
Zebpay is one of the most popular bitcoin to INR trading mobile app. The Zebpay bitcoin wallet is one of the indias leading trading/ investment mobile app for bitcoin trading.
How to trade with Zebpay mobile app in India?
Opening account and trading in Bitcoins via Zebpay is very easy, you need to follow below steps to register with zebpay.
Zebpay Bitcoin Trading Price is india, how its works -
On Zebpay, Bitcoin price are kind of International prices, but buy/sell prices are depend on Zebpay stock situation so Zebpay never match international price. If they have stock and buyers are not buying, Zebpay cannot increase the sell price as company cannot buy bitcoins till their stock does not clear.
In case of high volatility it’s difficult to get buy and sell price on international standard.
Second Exchange/Application which we want to discuss here is Coinsecure. The Coinsecure also provide trading on BCT to INR. This is web based and Mobile app based trading application.
To start with Coinsecure
Bitcoins in India is still not getting enough attraction. The exporters or importers might start using Bitcoins for specific types of transactions if they become acceptable in the target countries they do business with. But widespread usage by citizens (B2C) for day-to-day transaction is unlikely. In Summary still using Bitcoins as kind of currency will take few more years but people started using it as an Investment platform.
Last updated on 30th Apr 2019