WazirX is one of the fastest growing cryptocurrency exchanges of India with more than 60 lakh registered users. This exchange offers a wide range of coins and tradable pairs at competitive trading fees.
How can I buy cryptocurrency in India legally?
How to Buy Bitcoin (BTC) in India
- A. Credit Card and Debit Card. If you are a new user, this is the easiest option to purchase Bitcoin.
- B. Bank Deposit. Transfer fiat currency from your bank account to Binance, and then use the amount to buy Bitcoin.
- C. Third Party Payment.
How can I invest in crypto in India?
How to invest in cryptocurrency
- Evaluate your personal financial goals.
- Determine your risk profile.
- Research of the market.
- Figure out the taxation: Countries like India charge tax on gains from cryptocurrency.
- Don't let your emotions make decisions for you.
- Select a secure platform.
- Future potential.
Which crypto exchange is best in India?
In conclusion, the best crypto exchanges in India include Mudrex, CoinDCX, CoinSwitch, WazirX, ZebPay, and BitBNS based on several factors like ease of use, security, fees, coin availability, and more. Each platform has its strengths and weaknesses, catering to various needs and preferences.
Is it safe to buy crypto in India?
No, if you depend on the money you are planning to invest. No, if you are investing because some friend double the money. Yes, if you know the concept and it's future potential and you don't depend on the invested money. Bitcoin is highly volatile, it have potential to earn or loose high amounts.
How do I trade in cryptocurrency in India?
With its ease of use and various investment options, Mudrex is the best crypto investing app in India. It offers over 350 coins and tokens to invest in, and the process of investing is pretty simple and fast. Deposit funds into your wallet, choose your coin or token, and invest your desired amount. That's it.