Bitcoin trading in india without kyc

Digital Assets Exchange

5 stars based on 80 reviews

The first problem that every beginner cryptocurrency trader in India faces is which exchange to start buying from. Cryptocurrency exchanges are platforms where you can buy bitcoins and altcoins in exchange for other assets, such as your conventional fiat currencies or different digital currencies. Each exchange has its own rules and regulations. Thus, it is very important to choose those exchanges which suit all your needs. Instead, purchase bitcoins from different places. This can be quite confusing and time consuming for someone who is just starting in the crypto world.

It is extremely easy to use and completely beginner friendly. They have a website as well as an app for ios and android. They have tutorial videos to guide new users. They allow transactions through debit cards, credit cards etc. This is a big bonus. They use 2 factor authorisation. Thus, bitcoin trading in india without kyc is of a high standard. They have many more features like you can create your own Systematic Investment Plan. Transactions from your bank account to unocoin wallet are fast.

It is the costliest exchange in India. You can check the complete fee structure here. There is a very high spread between the buying and the selling price.

PayU money wallet limits apply. They charge additional 1. The buying and the selling price is usually higher than Zebpay you can compare the screenshots. I was trying to make a payment for a small amount of BTC, by the time I tried to make the purchase, the rate had changed.

So I had to make the purchase from scratch. Transferring payments is painful. You need bitcoin trading in india without kyc first send your money to unocoin wallets.

Zebpay offers the best user experience. It is very easy to use even for first timers. The buy rates are usually lesser here than Unocoin check the screenshots. They charge lesser transaction fees than Unocoin. You can check their fee structure here. It is not available on desktop yet. Security here is slacker than Unocoin. The app opens without any pin unless you explicitly go in settings and enable it. They should bitcoin trading in india without kyc 2 factor authorisation.

You need to transfer money through online banking to your Zebpay Inr wallet which takes approx. Many times the BTC price changes drastically within that time frame. They also have huge difference in their buying and selling prices. They charge only about 0. They promise to offer automated bitcoin deposits and withdrawals. They have tutorial videos The price difference between buying and selling is lowest at coinsecure. Thus, it is ideal for trading. They provide a real-time trading platform with open ledgers — you can see bitcoin trading in india without kyc the transactions happening over their exchange.

They also use a hybrid wallet where majority of your funds are stored in cold storage more securewhile a small percentage of your funds are stored in a hot wallet for immediate withdrawals. You can start using coinsecure wallet without any need for verification. The UI is geared for traders. It is very confusing for beginners.

They have a website and an android app. The site is facing a lot of technical issues lately. It gets hanged sometimes. They really need to work on their servers.

Koinex is another realtime trading platform where the price is decided by the buyer, seller and the market. The spreads are generally low Along with bitcoin, they also support etherium, litecoin and ripple.

This is a HUGE plus point as there are no conversions and hence, the profits are maintained. The customer support is good. They have tutorial videos for beginners.

They also provide a chat function to chat with fellow traders and support staff. You need to pay 0. You can see the fees structure here.

Since its new, the per day trade volume is quite low. They have a long way to go yet. LocalBitcoins is an escrow service which helps to match bitcoin buyers and sellers in a secure manner. You can buy bitcoins via an in-person meeting, making it one of the fastest and the most private ways to buy bitcoins. Purchase of BTC can be made quickly via cash deposits and many other payment methods. No buying and selling limits are imposed by them. There are many scams and frauds.

Make sure you only trade with reputable users who have a history of bitcoin trading in india without kyc trades. The can be slightly higher when you buy with cast, since many people are ready to pay some extra cash for privacy.

Reputation of the exchange is good, but you need to check the reputation of each user on the exchange before making a trade. So sometimes it may take a while. Thus, BitcoinRates is a must-have for any Indian looking to trade in bitcoin. It lists the buying and the selling price with and without fees of all the exchanges in India.

This makes it easy for anyone to find the best website to buy or sell bitcoins in India. The green highlighter shows which exchange offers the lowest buying and the highest selling rates.

If bitcoin trading in india without kyc want to invest in bitcoins for long term, I would recommend you choose either Zebpay or Unocoin. Unocoin Pros It is extremely easy to use and completely beginner friendly. Cons It is the costliest exchange in India. Zebpay Pros Bitcoin trading in india without kyc offers the best user experience. Cons It is not available on desktop yet.

Coinsecure Pros They charge only about 0. Cons The UI is geared for traders. Koinex Pros Koinex is another realtime trading platform where the price is decided by the buyer, seller and the market.

LocalBitcoins Pros LocalBitcoins is an escrow service which helps to match bitcoin buyers and sellers in a secure manner. Cons There are many scams and frauds. Conclusion So this was my list of the top 5 exchanges to buy bitcoins in India. The bitcoin train is fast moving.

For trading, Coinsecure or Koinex are some good options. Lastly, if you want to buy bitcoins in-person in a private manner, you can choose LocalBitcoins. But you can try them and let me know about your experience in the comments section below.

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The list comprises only of cryptocurrency exchanges trading one or more cryptocurrencies and operates in India. How to Buy Litecoin In India. Other Popular Crypto news about Indian exchanges. Koinex is right now the best place to trade multiple cryptocurrencies in India.

Its fee charges range from 0. It has good user reviews and has gained much popularity in a very short period of time. It requires you to go through the verification before you can start trading. Koinex also supports UPI Transfer which takes no fee at all. Only exchange in India to do so.

Koinex has launched 3 new coins in February thus making it the best exchange with also some major improvements in overall user experience and integration of UPI. Koinex is adding new coins to the exchange like wildfire which is one of the reasons why it is no 1 in our list of Best exchanges to buy cryptocurrencies in India. Visit Koinex referral program for more info.

How to buy Bitcoin in India. A comprehensive guide to Binance Exchange can be found here. Binance provide exchange between cryptocurrencies only hence you must have cryptocurrencies and not fiat currency to trade on Binance.

Zebpay is app-enabled bitcoin wallet provider headquartered in Singapore with IT office in Mumbai and Ahmedabad. It is one of the most popular platforms for trading bitcoin in India and is highly trusted and provides excellent services. Recently Zebpay has made some changes which have made it more attractive. It was founded by Mahin Gupta in late under the name Buysellbitco. It provides mobile app wallet that facilitates Bitcoin transactions using your mobile number.

Although the buy price is still slightly higher than selling price It is way better than the previous one which is similar to Unocoin. I wish they add UPI since it has been working really fine lately with no pending confirmations at all with any of the apps available right now. Zebpay has also launched deposites using UPI which was much awaited after Koinex introduced it in February. Apart from trading it also provides videos for understanding Bitcoin and the mysterious world of cryptocurrencies.

Unocoin was founded in in Karnataka and now operates from Bengaluru. It provides Android and iOS wallets as well. It is one of the largest Bitcoin userbase company in India. It is one of the most trusted exchanges in the country and is backed by investors in the US.

How to buy Ripple in India. Visit Unocoin referral program for more info. Bitxoxo was founded in August , with Bitcoin as the only trading currency till now. It requires KYC verification for a user to start trading Bitcoins. Coinsecure is an Indian Bitcoin exchange and trading platform. It offers very low fees at just 0. The only problem with the exchange is that its interface is not at all user-friendly and new users may find it resentful. The exchange requires KYC verification and charges some fee for the transactions.

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card. It is a reliable and trusted platform for Buying Bitcoins and works in almost every country in the world but the only disadvantage of buying Bitcoins from Coinmama is that their charges are among some of the highest among credit card platforms.

A comprehensive guide to Binance Exchange. How to buy Litecoin in India. For all cryptocurrencies related news visit Cryptocurrencies in India. These were the 7 Best exchanges to buy cryptocurrencies in India.

Did we miss any? Which is your favorite and you think that are best exchanges to buy cryptocurrencies in India. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. September 26, March 23, Duck Hunt 0 Comments , bitcoin , cryptocurrency. Share on Facebook 0 Tweet 0 0 LinkedIn. Leave a Reply Cancel reply Your email address will not be published.

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