psoo7 (OP)
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July 03, 2018, 08:55:06 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
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Leo Barnes
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July 03, 2018, 09:04:16 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
Just be careful in doing the transaction if you're going to transact with P2P if coinbase is open in your country is better to buy bitcoin in coinbase. |
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sakamaku
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July 03, 2018, 09:25:00 AM |
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You want to buy BTC in India is very hard, here are a lot of regulations on Bitcoin, you carefully when trading, avoid blatant fraud.
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maxy1999
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July 03, 2018, 09:26:50 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
as of now btc withdrawal/deposits are working with indian exchanges ,so u can buy through bank deposit through exchange incase if it is stopped there is localbitcoin all the times  |
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SvonioneFromMangoCoinz
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https://streamies.io/
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July 03, 2018, 09:33:15 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
You should travel to other countries accepting Bitcoin and you can buy 10 BTCs in these countries, buying and selling Bitcoin in India is very difficult |
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abanansah
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www.daxico.com
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July 03, 2018, 09:40:32 AM |
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10 bitcoins is a huge money which you shouldn't toy with. OPen a reputable online exchange account like coinbase , verify your account and remit your fiat with Swift and purchase it . I think with this ,it will be safer than buying it anyhow in India.
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iwasneverhere
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July 03, 2018, 09:45:41 AM |
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Go to Bittrex, they are now accepting fiat so you can grab all your money about 10.1 worth of BTC (for safety if price change) in dollars and deposit on it. Ah, before that, you must do KYC verification or you cannot withdraw your BTC and either deposit fiat.
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lubah
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July 03, 2018, 10:49:56 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
And why you do not consider the option of buying bitcoins in another country. Make a Bank transfer to another country and buy bitcoin there. If your country has big difficulties with buying and with the law, then just take and insure yourself by buying bitcoins in another country. |
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SoloMoney
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July 03, 2018, 10:57:36 AM |
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If your country is strictly related to the crypto currency, then do not buy it directly from your bank account. Translate the money into electronic and buy the bitcoins at localbitcoin.
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Xester
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July 03, 2018, 11:27:01 AM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
It is really hard to buy bitcoins in India since after the regulations were set in motion. This has become a really inconvenient to the Indian bitcoin community. The only way for the bitcoin enthusiasts is to create a group wherein they can sell and buy their bitcoins. Its just a matter of initiative and creativity. |
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hirngespenst
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July 03, 2018, 11:59:25 AM |
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As you mentioned, in India there are many regulations for bitcoin, but you want to buy 10 BTC as an investment. Then I think you should use coinbase to buy bitcoin. Coinbase is a very easy way to buy crypto coins but it is not supported for the all country. Or you can try others safe exchange like bittrex to buy bitcoin. Or you can use VPN to make this transaction. Bitcoin transaction remains anonymous but still, you have to be alert about it. Good luck with your investment.
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Bumblecoin
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July 03, 2018, 12:03:27 PM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
It is a good move to invest now. But since you are in India and you said there are many regulations so better to choose the right and safe exchange sites or maybe you try coinbase, just a suggestion. Goodluck to you fellow. |
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chillitabit
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July 03, 2018, 12:03:57 PM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
I don't think the safety is an issue. It's the matter of availability of cryptocurrencies in your country. Right now the best option is to go OTC in my opinion and avoid the official exchanges |
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Ri Polok
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July 03, 2018, 12:04:40 PM |
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This is huge amount of money, you need to know more about that exchange where you deposit your money.
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anon.ph011
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July 03, 2018, 12:08:28 PM |
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well it was big amount, but about your country maybe if they finalized their decision to ban bitcoin to your country it will be hard to you to use it, you will need a virtual private network to change your area and to used bitcoin.
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Getcoinsite
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July 03, 2018, 12:38:16 PM |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
as of now btc withdrawal/deposits are working with indian exchanges ,so u can buy through bank deposit through exchange incase if it is stopped there is localbitcoin all the times Thats it theres always a localbitcoin so bother nothing,but is th true?that withdrawal and deposit are allowed in india?as far as i have read cryptocurrency are banned in india or maybe i missed something To OP even if theres a positively chance of having bitcoin.you must know whats the consequences this is not about profiteering,instead of money security |
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Arafat01775
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July 03, 2018, 12:50:00 PM |
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At first you have to be alert about buy bitcoin. Because i think bitcoin banned in India. That's why you have to be careful. And avoid fraud.
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Dudeperfect
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July 03, 2018, 01:24:51 PM |
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Well, in terms of legal aspect it is completely safe to use your bank account for buying Bitcoin as far as you have disclosed income sources to include in your income tax return. However, in terms of investment, I believe that the price will crash a little during and after the deadline so that would be a golden opportunity for those who are willing to get involved with Bitcoin. However, please do your own research as this is my personal opinion and it might be completely wrong.
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BestW1shes
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July 03, 2018, 01:27:18 PM |
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Try to buy on livecoin, using the application VPN
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