How to buy altcoins in india

As an Indian citizen you are welcome to trade Bitcoin on the big international trading sites listed below. Once you locate a seller, you meet up in-person and conduct the trade. Simply copy the wallet address that is generated on Bittrex. The latest series of events paint a bleak picture of Bitcoin in the Indian scenario. They also refer to Article 14, which prohibits discrimination and provides the same protection under the law for all. First of all, you need to create an account on Unocoin or Zebpay. India is taking vehement action against transactions with cryptocurrencies.

Crypto exchanges are facing the music

Many people are willing to buy other coins that are available other than but Bitcoin. These other coins are known as Altcoins. First of all, you need to create an account on Unocoin or Zebpay. Simply download the app of Unocoin or Zebpay. Read How to buy bitcoins using Unocoin.

2. Brokers To Trade Bitcoin In India

Over the last 12 months, the price of Bitcoin has been a roller coaster and in India, we’ve gone from blank stares when talking about cryptocurrencies to interest and demand that’s hard to keep up with. There are a number of different Bitcoin exchanges through which you can buy the coins, but international transactions involve a certain amount of uncertainty and delays with regular money transfers themselves. So if you’re in India and are looking to buy Bitcoin, you may want to use a local exchange. Buying Bitcoin isn’t for the faint of heart though. Economists and others have been expressing doubts for long now about the feasibility of Bitcoin as an investment. There have also been questions raised about the suitability of Bitcoin for the needs of the financial industry.

A hostile regulatory environment

Many people are willing to buy other coins that are available other than the Bitcoin. These other coins are known as Altcoins. First of all, you need to create an account on Unocoin or Zebpay. Simply download the app of Unocoin or Zebpay. Read How to buy bitcoins using Unocoin. Update: Considering that buying coins other than Bitcoins, Ethereum and Litecoin is risky, and you may lose a lot of money in other Altcoins, I will first show you how to Buy Ethereum and Litecoin on CoinBase.

I am showing you the steps to do it. Later on the steps to buy other coins are shown with the help of Bittrex. When done creating an account on Coinbase, login to your coinbase account. Step 3:Then tap on Receive as shown in the screenshot. Step 4:Then tap on Show Address as shown. Step 6:Now go to Zebpay or Unocoin from where you bought your coins. Now send those purchased bitcoins to the address copied. Create an account on Bittrex. I am going to share with you the mobile screens to make it easier.

Simply copy the wallet address that is generated on Bittrex. Note that you need to generate only BTC address, not any other coin address. Then simply send the coins. I have done this on Unocoin and the transaction is usually completed in 30 minutes. First the Bitcoins go to pending deposit. Then after confirmation, the coins shows up in the wallet.

Simply go to the Bittrex Homepage as shown and search for the Altcoin that you want to buy. In my example I am choosing to buy Verge coin as shown:. Simply fill in the price at which you want to buy and the quantity of Altcoins that you want to buy against the Bitcoins and then press buy. Then conform the order. The order will be filled up if the bid price matches the market price. Now you can either leave your Altcoins on Bittrex exchange or you can transfer them to an Altcoin wallet that is available for your Altcoin.

To transfer the Altcoins to your Altcoin wallet, you need to go to Wallets on Bittrex. Your Altcoin will be visible. Then tap on the negative sign beside the Altcoin. Simply fill in the Altcoin address of how to buy altcoins in india Altcoin wallet and the number of coins that are to be sent and tap send. A confirmation Email will come in your registered Email Id. Confirm the transaction. The coins will be sent to your wallet. I opened the site with the view of sharing valuable information on Indian share market.

Here I mostly post about trading and investing. December 12, at am. Do you have one about using Coinbase for Indians. Notify me of follow-up comments by email. Notify me of new posts by email. This site uses Akismet to reduce spam.

Learn how your comment data is processed. Currently, he is a Medical Student and wants to pursue a career in Investing. He is extremely passionate about investing and trading in the financial markets. He is also keen to study business and wants to join a top business school in future. In addition to investing, he is also interested in entrepreneurship and wants to set up his own business. Keep in touch by subscribing to email newsletters. How to Buy Altcoins in India? Kuntal Banerjee I opened the site with the view of sharing valuable information on Indian share market.

Author archive Author website waytoinvesting on Twitter. August 19, cryptocurrency best way to buy altcoinsbuying altcoins with rupee. Previous post Next post. Akshay December 12, at am Reply. Leave a Reply Cancel reply Your email address will not be published. Shrenuj share price target analysis in coming future.

Story of Rakesh Jhunjhunwala. Some stocks in which I invested recently at these high levels. Romancing the Balance Sheet: A must read! Live Calls — days ago. Disclaimer Investing and trading in financial markets involves great deal of risks.

The author or contributors of waytoinvesting. Do your own analysis before taking any positions. Positions taken based on our recommendations are your own responsibility. It is possible that the author or contributors of the blog waytoinvesting. Follow him on Twitter.

Binance Tutorial — How to Use Binance to Buy Altcoins

A hostile regulatory environment

Alrcoins the transaction. India is taking vehement action against transactions with cryptocurrencies. Then tap on the negative sign beside the Altcoin. Altcoinx this context, a state cryptocurrency would only be consistent. You can buy and sell ro or crypto in exchange for other forms of value. They put the Unocoin exchange between themselves and the customers who was responsible for exchanging crypto for Fiat. Simply go to the Bittrex Homepage as shown and search for the Altcoin that you want to buy. Akshay December 12, at am Reply. Update: Considering that buying coins other than Bitcoins, Ethereum and Litecoin is risky, and you may lose a lot of money in other Altcoins, I will first show you yo to Buy Ethereum and Litecoin on CoinBase. Previous post Next post. Thailand had also banned financial institutions from trading in cryptocurrencies and announced new regulations last week. Their altcoin portfolio is constantly growing and they have a professional trading engine with advanced order types and a very intuitive user interface. Later hpw the steps to buy other coins are shown with the help of Bittrex. August 19, cryptocurrency best way to how to buy altcoins in india altcoinsbuying altcoins with rupee. Buy Bitcoin Worldwide is for educational purposes. Some stocks in which I invested recently at these high levels. The committee is considering setting up a legal framework that how to buy altcoins in india the private use of cryptocurrencies in India, but encourages the growth of distributed ledger technology at the same time.