First time buyer - Couple of questions

[imlearnerim]

I wanted to make a purchase online where the merchant only accepted bitcoin. I got an account at bitgo and wanted to fund it and went to coinbase. But coinbase did not accept indian customers. So, what is my next step?

I did create an account in Unocoin but how do I transfer money to bitgo or make a payment from bitgo without having to transfer funds back and forth.

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[cryptoheadd]

Hey imlearnerim,

First, you need to create an account on an Indian exchange, so that you can buy Bitcoins with INR. Or you can also do a trade on Localbitcoins.
Check out the rates of different Indian exchanges here: http://www.bitcoinrates.in/

I'd recommend using Coinsecure if you have some time to make the purchase, or PocketBits if you need to purchase BTC asap.

Once you buy Bitcoins, it's pretty easy to transfer them to any wallet you want.

[imlearnerim]

Thanks.

I'll first buy with pocketbits since I need to purchase something right away. Then, I will get coinsecure for all future payments. But how do I transfer from pocketbits to bitgo?

PS: Looks like even pocketbits needs me to submit documents for verification and only then I make a transaction.

Thanks

[cryptoheadd]

Thanks.

I'll first buy with pocketbits since I need to purchase something right away. Then, I will get coinsecure for all future payments. But how do I transfer from pocketbits to bitgo?

PS: Looks like even pocketbits needs me to submit documents for verification and only then I make a transaction.

Thanks

Pocketbits is really fast. They'll verify your KYC within 30 mins. Coinsecure might take a couple of days (Maybe more) to verify your KYC.
Transferring from Pocketbits to your Bitcoin wallet is pretty easy.

They'd got live chat and would definitely guide you through the process.

[Prodigan786]

Thanks.

I'll first buy with pocketbits since I need to purchase something right away. Then, I will get coinsecure for all future payments. But how do I transfer from pocketbits to bitgo?

PS: Looks like even pocketbits needs me to submit documents for verification and only then I make a transaction.

Thanks

Pocketbits is really fast. They'll verify your KYC within 30 mins. Coinsecure might take a couple of days (Maybe more) to verify your KYC.
Transferring from Pocketbits to your Bitcoin wallet is pretty easy.

They'd got live chat and would definitely guide you through the process.
Thanks for answer even I dint try pocketbits I was using unocoin, zebpay and coinsecure thought these three only most trusted one in India definitely I will try pocketbits.

[jaideep1000]

Or you could trade with me on localbitcoins.


Will take about 10mins to verify KYC and you will get your coins in your wallet instantly after that.

PM me if interested.

I accept bank transfer and paytm payments.