Bitcoin is easy to buy and sell using remitano app
Bitcoin is just some hype and the people who are buying it are fools - these were my thoughts when I saw the crazy movement in Bitcoin in the last few years.
Even Warren Buffet, the famous investor, called it "rat poison squared" back in 2018.
But things have changed since then, a big thanks to the institutional investors who are shifting their big block of money from Gold, Share Market to Cryptocurrency.
Winklevoss Twins (above pic) bought 100,000 Bitcoin at around $100 each. And currently, Bitcoin is trading at $38,000 per coin.
After the Supreme announced that buying and selling cryptocurrency is not illegal in India. We have seen some of the best and most respected investors in India are joining hands with other investors around the world to buy large amounts of bitcoin. Also, big investors around the world have signaled that they intend to buy even more in the coming year.
I used to invest in the Stock Market and in the recent month, I have shifted some of my money to Cryptocurrency. I know there is a risk but in the long term, it seems to have a bright future.
Here I am sharing some of the most popular ways you can buy and sell Bitcoin or any other cryptocurrency in India.
1 - WazirX - (Find More Details)
I find WazirX the easiest and the cheapest option to trade in Bitcoin.
It has the highest rating in Google Play among its peer
You can instantly (in 2 seconds) to add money using UPI, RTGC, Bank Transfer
The withdrawal (takes 15 seconds) is the quickest I have seen so far
It has partnered with the Binance, the leading Bitcoin exchange worldwide
Sing up process
Download the WazirX app
Sign up using your email address
Verify your email address and phone number
Add Bank Account details and funds with QR code via Google Pay, phoneme, etc.
Use Google Authenticator to make it more secure
2 - ZebPay
It is another popular option when it comes to buying BTC in India. But it is more costly than WazirX.
Moreover, there is a membership fee which you need to pay on ZebPay. In addition, there is an intraday fee involved if you buy and sell on the same day.
Zebpay charges withdrawal fees when you move your cryptocurrency. The withdrawal fees vary from currency to currency and are subject to minimum and maximum amounts
3 - UnoCoin
UnoCoin is comparatively an older crypto exchange that is based in Bangalore. It's a key offering of Bitcoin along with few other major digital assets.
It is not that user friendly when compared to WazirX.
4 - Coin DCX
Established in 2017 CoinDCX is one of the largest cryptocurrency exchanges in India. It allows one to buy and sell cryptocurrencies seamlessly but also provides single-point access to various Trading instruments (Spot, Margin, Futures).
Although it is popular, it has comparatively less volume when compared to WazirX, which means sometimes when you want to sell your coin, there are fewer buyers.
5 - CoinSwitch
CoinSwitch is an exchange aggregating platform that is easy to use and strives to remove the intricacies involved in cryptos.
The app will be made available on multiple platforms and hence can be used on many devices.
Use the link below to register and start buying and selling Bitcoin easily
https://remitano.com/btc/ng/join/3126315
Cheers