How to buy Bitcoin online

Are you interested in Bitcoin….

Do you know that

Bitcoin began person to person trading at $.09 in July 2010 and touched the high of $.68000 in November 2021.

After Bitcoin started market trading in 2013 up to 2021 Bitcoin has given a return of approximately 59000% as per the charts of Coinbase. That means If you have invested 10,000 in Bitcoin in 2013 then now that has become 59,00,000.

In the last five years that is from 2017 to 2021 Bitcoin has given a return of approximately 6000%. If you have invested 10,000 in Bitcoin in 2017 then now that has become 6,00,000. 

Why Bitcoin price is increasing in such a manner ? That is because of market demand, that determines the price. Some analysts say this is a bubble and some say this is the future “Future yahi hai”.

Do you want to buy bitcoin but don’t know how to buy it. We will discuss here about how can you easily buy and sell bitcoin and other crypto currencies like Ethereum, dogecoin etc. with a single click from your Android mobile phone at any time 24 hour a day 7 days a week. This mobile app will provide you a trading platform and a mobile wallet of bitcoin and other crypto coins. Adding money to this wallet is very simple and withdrawing is also fast and easy. We personally use it and have good experience with this app. If you want to know more about bitcoin and crypto currency then read our article “What is Bitcoin & Cryptocurrency” where we have discussed some basic facts about bitcoin and crypto currency. Here we will discuss how to open an account with CoinSwitch Kuber and how to buy and sell bitcoin.

Before that Let’s check some facts about bitcoin in India….
  • You can buy Bitcoin through mobile apps from your mobile phone.
  • You can buy & sell it any time 24 hours a day 7 days a week.
  • But you cannot use it to make payments.
  • Buying Bitcoin is still legal but not regulated in India.
  • Central Govt. is proposed to brought a bill to regulate crypto currencies.
  • Investing in crypto currencies are considered as very risky due to its highly volatile nature.
  • First know the basics and make your own analysis before buying it.

Best Mobile apps to buy bitcoin & cryptocurrencies in India

We generally refer those products which we have used and have good experiences. So we are here referring these three apps which are simple and safe to buy bitcoin and other cryptocurrencies.

CoinSwitch Kuber – It is very simple, safe and easy to use mobile app. It’s user interface is very good for beginners and those have less technical experience in trading. And also you will get free Bitcoin of Rs.50 if you open the account from our referral link here.

CoinDCX – This is also a very good mobile app for beginners and you will get free Ethereum of Rs.100 if you open the account from our referral link here.

WazirX – It offers a very good chart with all indicators for technical analysis and you can use it from your laptop / computer also. Click the link here.

Account opening Buying Selling process Step by Step

Here we will show the account opening, buying, selling and other processes in the CoinSwitch Kuber app step by step with live images. Account opening process and documents required are almost same in all these apps, steps and user interface may be slightly different.

Documents required to register the Bitcoin app

Keep these details and documents in your hand  to start.

  • Mobile Number & a Valid Email ID
  • Original PAN Card
  • Original Aadhar Card or Passport or Voter ID card
  • Bank Account details
  • Debit  / Credit Card or Net banking or UPI wallet like GPay or PhonePe 

UPI will be a better option to add money to bitcoin wallet, because UPI is simple, fast, secure and also you don’t have to pay any transaction charges. If you don’t have an UPI wallet account then click our referral link here and open the account, you will get a cash back on your first payment (on GPay use code 67rg6n).

How to register on CoinSwitch Kuber bitcoin app

KYC verification on CoinSwitch Kuber bitcoin app

PAN card verification on CoinSwitch Kuber bitcoin app

Identity card Aadhar card verification on CoinSwitch Kuber bitcoin app

Adding bank account on CoinSwitch Kuber bitcoin app

How to add money to Bitcoin Crypto wallet – Coinswitch Kuber Mobile app

How to buy bitcoin – Coinswitch Kuber Mobile app

How to buy Ethereum and other cryptocurrency – Coinswitch Kuber Mobile app

How to sell bitcoin Ethereum from portfolio – Coinswitch Kuber Mobile app

How to withdraw from crypto wallet – Coinswitch Kuber Mobile app

CoinSwitch Kuber is so simple, fast and easy to use platform to buy bitcoin and other cryptocurrencies. You can use our referral link to open an account and start your journey in Crypto world. Thank You.

Disclaimer : This article is for information & educational purposes only. We don’t recommend anyone to buy crypto or anything else and we don’t have any right to do so. Crypto currencies like Bitcoin, Ethereum etc. are very volatile, so you may get loss if you invest without any analysis. First learn about crypto currencies and then do your own analysis or consult your financial advisor before making any decision.

Sumanta

Myself Sumanta, trade & invest in Indian Stock Markets, usually prefer swing trading and positional trading in stocks and currently practicing regular options trading, mainly options buying. By profession I have been working in the field of computer & accounting since more than a decade.