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.
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