How to use bitcoin and What is Bitcoin

Bitcoin is a virtual currency and crptocurrency. Like other currencies such as rupee, dollar, etc. Bitcoin is also a digital currency. This is very different from the other currencies because neither we can see Bitcoin nor we can touch it like money. We can store Bitcoin only in the online wallet.

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Bitcoin invented Satoshi Nakamoto in 2009 and since then its popularity has been increasing. Bitcoin is a decentralized currency, which means that there is no bank or authority or government to control it, i.e. no one owns it. Anyone can use Bitcoin as if we use all the internet and there is no owner of it, just like Bitcoin is there.

Cost of Bitcoin ?

If we talk about the price of Bitcoin, then today’s tarik 1 bitcoin is worth around 13,88,159 INR (Indian Currency) or Rs.13,88,159 / -. It’s not like that if you want to buy Bitcoin, then you have to buy a whole Bitcoin. The point here to understand is that Bitcoin’s smallest unit is close to Sathoshi and a Bitcoin = 10,00,00,000 sathoshi.

bitcoin

 

As in Indian currency, there is 1 rupee = 100 paisa, same 10 million sathoshi is 1 bitcoin. Which also means that you can break 1 bitcoin up to 8 decimals. For example you can both buy or sell 0.0001 bitcoin.

Important Document for Buy Bitcoin.

If you want to buy Bitcoin, you will have to follow a prescribed procedure.

  • You must have a valid ID proof. Such as Driving License, Voter Id, Aadhar Card, Pan Card or Passport.
  • It is mandatory to have a bank account in your name that you have to link to the website before you buy and then the transaction will be successful.
  • You must have a PAN card.
  • It is also necessary to have a Valid Email Id.
  • Registering in the website is necessary to give all information correctly and strictly, otherwise your account will not be verified.

 How to Buy Bitcoin?

Now you must have guessed a lot about Bitcoin, what is it, and why its fame is increasing day by day. You can buy bitcoin as soon as you buy gold, in Indian currency too. So let us know that there are websites from such angles from where we can buy Bitcoin easily, even in their own currency. For your convenience, I have listed them according to their popularity, so that you will be able to know about them. Here in these websites, you can easily see their Mehjuda pricing, in real time too.

1. Unocoin   2. Zebpay   3. Coinsecure   4. BTCxIndia   

5. LocalBitcoin.

Unocoin

is a very friendly website that anyone can use. With this you can easily purchase and sell bitcoin. There are many such features in Unocoin that make it different from others.

bitcoin,unocoin

Features:

  1. Zero% fees – Unocoin customers do not charge any fee to accept bitcoin as a payment method.
  2. Simple Intergration – You can easily integrate with your business Unocoin.
  3. 0% Volatility Risk – If there is some fluctuation in price of Bitcoin, then you can keep Bitcoin or even sell it immediately.
  4. No Chargebacks – If you are using Unocoin, you do not have to pay any charge back.
  5. OTC Trading (Over the counter).
  6. Auto Sell Bitcoin.
  7. Netki – You can prepare your own Bitcoin address of which anyone can read .
  8.  Step Authentication for more security

How to buy

If you have to buy bitcoin then you can buy by visiting Unocoin’s website.

Note: – If the Referral Code is eought, then use your referral code so that you can easily get bitcoin of Rs.200 / -.

Zebpay

It’s a very user friendly website, so you can easily purchase bitcoin. Zebpay’s access is accompanied by a lot of vendors, so that it provides much more convenience.

bitcoin,zebpay

Features:

  1. You can also fill top up in your mobile and DTH with the help of Bitcoin.
  2. You can buy voucher of Amazon, Flipkart and MakeMyTrip so that you can save up to 10%.
  3. Fastest way by which you can buy Bitcoin.
  4. It is also very safe too.
  5. The lowest price in the market.
  6. Using App, you can also buy from mobile.

How to buy

If you have to buy bitcoin then you can buy by visiting Zebpay’s Andr

oid Application.

Note: – If the Referral Code is sought, then use “REF77839482” so that you can easily get bitcoin of Rs.100 / –

Coinsecur

This is a Bitcoin exchange website, different from Coinsecure’s second website. It is good for traders

mainly because they provide information related to tracing. Its U

ser Interface is not too user friendly.

bitcoin

Features:

 

  1. It can be a deposit and withdrawl of Automated Bitcoin.
  2. In Exchange Trading fees is 0.3%.
  3. This is ISO 9001: 9008 certified and it is also a member of NASSCOM.
  4. This is India’s first Bitcoin Exchange in which the rest Api facility is Mehjood.
  5. It is very secure from the security point of view.

BTCxIndia

BTCxIndia is a very old website. It’s a very easy interface that anyone can use. This is a website that offers trading in rupee and bitcoin in real time. You can also buy bitcoin with it.

Features:

  1. Low Cost
  2. Free Transfers
  3. Trading fees are also very less about 1%, by including taxes
  4. Quick Withdrawals
  5. You can also deal a very small amount of money
  6. Highly Secure

LocalBitcoin

If you want to buy Bitcoin via cash then the best option for you will be to use LocalBitcoin. There are plenty of options to purchase Bitcoin here, so that you can purchase bitcoin according to your mind. Bitcoin’s price may be slightly higher compared to other websites, but if you want to buy Bitcoin at any price, then this is a very good option for you.

bitcoin

Here’s a point of note that any purchases you want to cash or cash should be made in public places so that your security will also be maintained. Here you can sell Bitcoin for more than the price of the market, which is a profitable deal.


I always try to do that I always help my readers on every side, if you have any any kind of dough, then you can ask me comfortable. I will definitely try to solve those Doubts. You must tell us how to buy a bitcoin in India, by writing down the comment so that we too can get a chance to learn something from your thoughts and improve some.

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