Bitcoin Forum

Hi Btc experts,

In countries like India there is no full fledged Btc exchange so price is very costly compared to global usd rate. If i try to buy from popular exchanges then i named to convert inr to had which is again time taking and very costly.. I don't know how people manage to get it and sell it on sites like local Bitcoins and all.... But really need any source to buy Btc as per current global rate in us d converted to inr.

Please help.

I think your best bet is localbitcoins. Considering that you're in India and there aren't a lot of exchanges available to you, you probably have to go and find someone who already has it and buy it from them.

You could alternatively aim to earn some from signature campaigns on here as well, that might help cut your costs down a bit, but I don't think I can offer very much information beyond that, mostly because I don't know much about Bitcoin in India.

have you ever buy bitcoin using your local exchange and does the rates would be generalized from global usd rates or more expensive than exchange from outside india? if yes i think you only just looking exchange who selling bitcoin using your currency because mostly those exchange have low rates and if you still have any trouble regarding it please asking your questions into your local board https://bitcointalk.org/index.php?board=89.0 may be they will help you

I just checked what you'd pay in India on localbitcoins. that is one big ass premium. About $100-120 ish per coin. And i guess that premium exists because it's so hard to get them at the right price.

I guess your choices are finding someone you trust abroad and getting money to them somehow so they can buy for you. I dunno if that's cheaper than trying to transfer it yourself but surely a transfer isn't 20% of the amount you're sending. And if the local board here and the currency exchange section can't help somehow there's no hope at all.

I am member of group WHATAPP and mostly of them are indian people if you are interest please PM me your phone number to joint with them. Maybe they can help you.

In here have a local exchange in India. Please you can visit this
https://bitcointalk.org/index.php?topic=1359605.0

maybe Zeb pay is your solution to your problem, I think this exchange is local in your region.you can check and starting to contact their customer service.

You can maybe look on your local craigslist kind of website (classified). In my region I already saw some people selling bitcoins. But you should expect to pay more than the prices found in the biggest exchanges.

There is no real way to buy them cheap, what I can recommend you is doing it with localbitcoins because that one is pretty good with their dealers and fee''s.

hey man u could also consider earning Bitcoin instead of buying.  I can't recommend faucets etc cuz that wont earn u a dime.

But if u do have programming skills or other valuable skills chances r that u could earn good amount of BTC or actually even more than u could buy.

have u thought about that ¿

~CfA~

craigslist and localbitcoins can help you to get bitcoins in good rates but surely they will take some of their profits while selling and you will not get them in the exactly preev.net rate.

Hi friend if in you're country is costly to buy bitcoin you can buy bitcoin from someone whos have bitcoin. If I you want another choice to get bitcoin you can try to join the signature  campaign here, what you need is registered and posting and then the signature campaign will pay you, try this link https://bitcointalk.org/index.php?board=52.0 or if you wanna trading you can try this link www.poloniex.com. Hope it help.

i have never used craigslist though i dont think local bitcoins would actually help as their prices are usually bigger

i think the easiest way to buy cheap bitcoins is to just go on exchange and wait for price increase

I second this, and also you might try to deal with members here on the currency exchange section.  There are definitely a lot of Indians who frequent this forum, and I'm sure you'd be able to find someone to trade with.  Good luck.  I can't believe there aren't any good exchanges for you to use.

I think everyone will know when the right time to buy. is it when the price down? i do not know.
because the price might come down continuously ?

u can't buy btc with cheap price until  the price going down.. thnx :0

Again money sending and conversion is not fast and it requires atleast 8 - 10% more. Any better idea.?

yeah i think the local exchange will end up with a cheaper price because you do not have to pay a deposit fee and so forth. will be cheaper if you buy with a private bitcoin users. usually they sell under exchange rate. because you're a receiver you buy at a cheap price.

Local bitcoins can have high fees actually. Best is to find a exchange with good ratio, setup bank account and trade through it.
You can't get lower fees than from good exchange.

Person to person deal could be option for you if indian exchanger have price more than market price. But don't deal with that local person without escrow in middle or deal in face to face manner if you can meet him.

I think you might have heard about SIP, systematic investment plan in mutual funds. It’s like buying the specific amount of units during predefined intervals of time.

That’s amazing feature, now, fortunately, I have seen such feature in case of bitcoins too, unocoin provide that kind of service.

You deposit some amount (for example – Rs.1,000/-) and you set SIP at Rs.50 per day or week or month. Then in such case

You will automatically get the Rs.50 worth of bitcoins daily, weekly or monthly at various price levels and eventually you will get it at an average price of that period.

to buy cheap bitcoin you have to wait for the price decrease, and i think it is not possible in next few years, because the price of bitcoin is not going to decrease any more, and hope that bitcoin will continue increasing for next few years.

i will recommend you to buy bitcoin in the present price because in present time it is the cheapest value of bitcoin and after few days you will not see the price of bitcoin trading in such a low level, therefore to me if a person want to do investment in bitcoin he must invest it right now to get some profit.

The fees are high everywhere if you are trying to buy bitcoins.Not just in India.

Unfortunately this is a major factor that stops the growth of bitcoin.

I wish the fees were smaller.

Timing is the only answer. To buy cheap Bitcoin, you have to be patient. If the Bitcoin's price is very high right now, then you're just going to until it does a big dip. But sometimes the price of Bitcoin doesn't seem to have a chance of going down, in this case, then you just have to accept that fact and buy bitcoins at that price.

For example, today the price of Bitcoin is 600$ and you want to buy Bitcoins at 300$. Bitcoin isn't going that low anytime soon so you have to buy it at this price and hope that it will rise after you bought some.

Well its not easy to get them cheap a way of getting them cheap could be signature campaigns, its even completely free than right ?
If you just want them cheap you should try to time when the price is low, only than there are possibilities.

I am also from India and i use btcxindia.com exchange to buy as well as sell bitcoins,their service is excellent and we can place the order,the amount of bitcoin i want to buy and at what price so whenever bitcoin price lowers to that amount you get your bitcoins at that price so you can get there at cheaper rates.

You cant just buy bitcoins cheap the price of the bitcoin is unstable so you have to wait when the price is at his lowest point to buy bitcoins cheap or from a friend who dont want them anymore/

I think it's unnecessary discussion about buying bitcoins normally people who knows bitcoin they use to buy a bitcoins when the price is low and they use to make profit by selling bitcoins when the price is so high.

Bro You are From India And According To Me You Should Try Out Localbitcoins Because It is Very Fast and Legit Website To Buy Bitcoins....
And Also I Like a Feature Of This Website That We Are Trading With People And No Need To Send Money To The Website For Buying Btc.....

I think there is a site that they can instantly buy bitcoins i remember the name is ZEBpay this is that i remember.
When i was visit last time india thread i saw that zebpay is the best for exchange money in bitcoin online..

Time for buying cheap coins passed already, it was cheap before, now we are going up again. I don`t think there will be under 600 $ ever again, you waited for too long to buy.
If in future, price of bitcoin go up, I mean extremely high, then today`s price is cheap. For that nobody need to be super smart to calculate. Now price is still under 1000 $, and here on forum there is people who think price can be with more zeros. Will that come true, or not we will see, who have balls and money to risk will do that, others will just watch.

I you want to buy cheap bitcoin better to wait for the price decrease again because the price of bitcoin right now is increasing again. but if you can afford to lose if the price of bitcoin will not increase again buy a small amount.

now is not the right time find and buy bitcoin cheap, bitcoin prices will likely continue to rise until the end of the year, then buy bitcoin now and get a lot of advantages

when bitcoin price go down then you can buy bitcoin with cheap price and i do not think that bitcoin will be drop its price and i am sure bitcoin will be more rise its price to higher so the present price is very pretty to buy bitcoin.

Then you could just rely on the price increase. Buy now and dont think about the faster profit. Just wait for the moment that it will rise until you are satisfied with its profit. Trust will be helpful with this cases.

You cant just buy cheap bitcoins becuase as you need to know the bitcoin is far from cheap and that is because i know for sure that the price of the bitcoin will be high always so it is not possible.