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Author Topic: Guide: How to buy Bitcoins in India?  (Read 1157 times)
mohucool
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August 30, 2017, 11:30:26 PM
 #1

Earlier there were not many options to buy Bitcoins in India but now many options are available to buy bitcoins and altcoins in India through fiat money.Let me tell you all the options I know along with the pros and cons I found.

To buy Bitcoins or altcoins first you have to register with any of the below services and submit KYC and bank details, after approval you can start buying.


# 1. Zebpay

It's the most popular platform to buy bitcoins India right now.It has more than 5 lakh installs in Playstore.

## pros

  1. Very nice user interface
  2. Fast service
  3. Send bits to friends and recharge
  4. KYC completion is faster

## cons

  1. Only available in app no website
  2. Buy sell difference is somewhat on higher side
  3. Fees are bit on higher side

Get bitcoins worth ₹100 free on Zebpay on your first Bitcoin buy or sell with referral code 'REF97301366'. To Download the app, click here.

# 2.Unocoin

It's second most popular website/app for Bitcoin buying in India with more than 1 lakh installs.

## pros

   1. User interface is good though less attractive than Zebpay
   2. Both app and website platform
   3. Buy sell difference is high

## cons

   1. KYC completion takes time
   2. Fees are bit higher
   3. Buy sell difference is on higher side

You can register on Unocoin here.




# 3. Coinsecure

It is also somewhat popular service, it's basically a Bitcoin exchange, you will find buy sell difference very low and low buying price compared to others

## pros

   1. Buy sell price difference is low
   2. Both app and website
   3. Exchange service, you can place buy sell order according to your wish

## cons

   1. User interface is not good, only for advanced traders
   2. Website and app is somewhat buggy and not glitch free
   3.  KYC takes time

You can register with coinsecure here.

# 4. Btcxindia

Though its name is Btcxindia you can only buy Ripple here. It's real-time trading platform for Ripple. They also have a separate Ethereum buying website known as ETHEXIndia. One downside is that they take a lot of time to complete KYC.

You can register on Btcxindia here and on ETHEXIndia here.


# 5. Localbitcoins

One of the best site to buy sell Bitcoins locally. You can buy through cash also. Be cautious though and meet the seller directly if you live in same city else check the reputation of the seller in the website. Use escrow service to be safer.

Register on localbitcoins here.

# 6. Pocketbits

It's one of the most innovative on the list as you can buy any product from Flipkart, Amazon using bitcoins, you have to just enter product link and details and pay in an equivalent amount of Bitcoins. You can also buy a lot of altcoins also. I am looking forward to using this service soon.

Register with Pocketbits here.


# 7. Bitxoxo

It's another Bitcoin buying service you can try which promises 0% fees though I found buy sell price difference on the higher side.

You can register with Bitxoxo here.

# 8. Bitlio

You can use bitlio to pay bill payments through Bitcoins. Currently only selected locations are available.They are also giving cashback up to Rs 5000 on deposit for a limited time.

Register with Bitlio here.


Localbitcoins is a very good option if you want to buy through cash or deal with local traders.If you want to buy something through Flipkart, Amazon Pocketbits is a good option. For bill payments through Bitcoins Bitlio is a good option.Zebpay is another very good and popular option.

Some more companies are entering the market in August like Bitbay and Koinex.

EDIT:Find Koinex review here.

EDIT removed bitcoin india as many people reporting it as scam site please be alert
 removed buyucoin as not many review available
 
The competition will increase and hope we get better services with lower fees and charges.

Let me know if you find any more options for buying bitcoins in India, I will check and add it to the list. Also, tell me what experiences you had with above services.

If you liked this article, kindly upvote it in Steemit here.

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Adykingcity
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August 31, 2017, 05:25:47 PM
 #2

You can also use paypal to buy with the people in this forum, but my instruction takes quite a long time

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August 31, 2017, 09:26:48 PM
 #3

I think you should mention Remitano to your list.

mohucool
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August 31, 2017, 10:02:37 PM
 #4

I think you should mention Remitano to your list.
Sure I will check it and add it to the list, thanks  Smiley

You can also share your positive or negative experiences with different exchanges or traders  Smiley

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September 05, 2017, 02:26:25 AM
 #5

The best recommended international exchange you haven't even mentioned - CEX
rakesh889
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September 05, 2017, 07:38:48 AM
 #6

You can buy bitcoin through Flitpay bitcoin wallet and get 10% cashback to buy bitcoin.

https://www.flitpay.in
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September 05, 2017, 10:12:21 AM
 #7

I think you should mention Remitano to your list.

Remitano have not heard about this site before. Can you share your experience if you had bought/sold any with them. Also is it India based site or international and do they accept INR as a payment mode?

Also looking at the site does not seems to be professional and will not recommend this to anyone for now.


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mohucool
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September 12, 2017, 04:13:55 PM
 #8

Koinex review link added, will review remitano soon.

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September 14, 2017, 06:42:35 AM
 #9

I'm currently excited about Bitbay. Not sure when they are going to go live in India.
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September 14, 2017, 08:43:27 AM
 #10

Coinsecure is no more responding. I think local-bitcoins is the best and easy way to buy Bitcoins. Now Blockchain is tied-up with Unocoin to expand their services in India.
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