In today’s time, millions of people in India have made Bitcoin a part of their portfolio. This is because of easy exchange platforms, sharp transactions and better security features. Now it has become very easy to buy Bitcoin from INR i.e. Indian rupee and in today’s article, Find Out How to Purchase Bitcoin with INR has been told.
What is Bitcoin (BTC)?
Bitcoin is the world’s first and largest cryptocurrency launched in 2009. It was created by an anonymous developer “Satoshi Nakamoto” as a digital payment system. However, over time it became a great investment option, which has given great returns to many investors.
Bitcoin, Blockchain generation It is based on and can be sent or obtained to anyone through the Internet. This is a digital asset that is considered a safe investment option like gold, especially when the stock market is seen to be fluctuated.
Why buy Bitcoin?
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It is the world’s largest digital currency.
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Its popularity between engines and organizations has increased rapidly.
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Companies like Tesla have also explored Bitcoin Cost.
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It is considered a separate and safe investment option as compared to the stock market.
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The time of inflation and financial instability is a strong means of hedging.
Find out how to purchase bitcoin with INR
If you also want to invest in Bitcoin, you can follow the four easy steps mentioned below.
Step 1: Create an account on the exchange and KYC
First of all choose a trusted and regulated crypto exchange, such as coindcx, wazirx, or binance republic of India. To create an account, you have to give your mobile number, email and documents like Aadhaar card/PAN card. After this complete the KYC Procedure.
Step 2: Deposit INR in your account
After the exchange account is verified, you can deposit money in it. Facilities like UPI, bank transfer (NEFT, RTGS, IMPS) are available. You can buy Bitcoin immediately after INR deposit.
Step 3: Buy Bitcoin (BTC)
Now go to the Bitcoin section of the exchange and enter the amount as much as you want to buy Bitcoin. Confirm the transaction and Bitcoin will be added to your wallet.
Step 4: Protect your bitcoin
If you Bitcoin If you want to keep it for a long time, then transfer it to a hardware wallet or self-custody wallet. Some exchanges also offer high security wallets, which you can use if you want.
Conclusion
Bitcoin has now become a strong digital asset, not just a trend. Buying it in India has now become easier than ever. If you want to make your investment portfolio digital and global, Bitcoin can be a good option. With the correct information, safe exchange and a little caution you can make a safe beginning in the world of Crypto.
Disclaimer: Investment in Cryptocurrency is under market risk. Be sure to take complete information and financial advice before investment.
Also read:NFT Mission founder turned out to be scammer, theft from BTC Mission
