How to Buy Bitcoins in India without Getting Scammed

[akram143]

Never ever buy from anyone without escrow, and that's why, you should always consider buying at localbitcoins or paxful because atleast in these websites, in expense of more fees, you are getting a worry free experience and chances to scam you are almost zero. But from a reputed trader and always check their reviews and ratings prior to buying.

You can't say its zero risk on trading paxful and LBC, for a complete noob it is going to be a tough task to find traders who are actually legit because most of the reputed traders won't accept new traders so only less trade offers for those new registered members will be available.

[1715026650]

1715026650

[1715026650]

1715026650

[ImThour]

Never ever buy from anyone without escrow, and that's why, you should always consider buying at localbitcoins or paxful because atleast in these websites, in expense of more fees, you are getting a worry free experience and chances to scam you are almost zero. But from a reputed trader and always check their reviews and ratings prior to buying.

I tried using Methods like UPI and it gave me a warning that these are the most risk including ways to purchase on LBT. Not sure if that’s the case with you or others.

[eaLiTy]

I want to ask you a question. Can we use INR that we deposit directly on WazirX for P2P purchase? Or those can only be used to purchase in INR sub-section of 'Exchange'.

FYI i am not the owner but here is the answer you are looking for .
You can deposit INR directly on wazirX and it will get credited within an hour and you can use the INR to purchase the INR pairing (USDT, BTC, WRX, ETH, XRP and LTC these are the coins you can purchase with your INR) and you cannot do a P2P pairing of INR from the exchange because the default is always USDT from the start.

In short P2P is used to sell or purchase USDT with fiat currency. I will still use the P2P model as you never know when they will target the users who are depositing directly to the exchange through banks, i just tried once to see how long it will take and how is the response time to get the amount credited.

[akram143]

Hey Everyone,

I want to buy bitcoin, almost all exchanges have a different fee structure. I wanted to know which exchange offers the least fee and is trusted at the same time, so I can buy the bitcoin without loosing too much money in the transaction.

Or you can use localbitcoin which has no fee when you buy bitcoins from someone but the price maybe little higher but it will be same as wazirx or other platform and almost you can buy bitcoin at instant as well.

[CryptoInsights]

Hey Everyone,

I have been trying to purchase Bitcoin, I am from India and I have seen most of the people are either charging double or are trying to scam.
I just want a legit person/way to purchase Bitcoins in India through IMPS or UPI.

I am asking here because I haven't got any information on the google.
I have a Localbitcoin account which I have only used to sell Bitcoins and have good reputation.

Now the point is I want to know if it's safe to purchase or not?
Please reply with a legit option.

Thank you.

I have done buying on CoinSwitch and giottus. Year's ago Zebpay was awesome, have not checked the current app.

[lordquanta]

For what it's worth, zebpay has been opened for a while for trading. You could use any payment methods described in their app. There are some instant money transfer methods available in addition to the conventional bank-transfer as well.  Zebpay has been remained pretty respected outlet for the trading crypto so far. And has better support team as well. In recent times I was not been able to check how good is their support team in resolving issues. But from previous experience, they are professional one.

[chunnu39]

According my experience i find wazirx and bitbns are the best exchanges if you want to buy bitcoin in india. but rates are bit more in indian exchange compared to international exchanges.

[akram143]

According my experience i find wazirx and bitbns are the best exchanges if you want to buy bitcoin in india. but rates are bit more in indian exchange compared to international exchanges.

Slightly high which is due to cover up the fee which is collected by the exchanges for every trades, when it is fiat to crypto the fee will be higher than crypto to crypto exchange and it is normal in crypto market.

[suvo05]

Hey Everyone,

I have been trying to purchase Bitcoin, I am from India and I have seen most of the people are either charging double or are trying to scam.
I just want a legit person/way to purchase Bitcoins in India through IMPS or UPI.

I am asking here because I haven't got any information on the google.
I have a Localbitcoin account which I have only used to sell Bitcoins and have good reputation.

Now the point is I want to know if it's safe to purchase or not?
Please reply with a legit option.

Thank you.

I think you have the information that the RBI ban regarding the buy/sell crypto directly from your bank account  has been withdrawn so you can easily but Bitcoin from Zebpay. You need to verify your KYC first. And then the next process is super easy. As many people said earlier you can also choose wazirx for P2p buy option.

[chunnu39]

better to purchase bitcoin form authentic local cryptocurrency exchange. if you are in India I personally prefer to buy sell bitcoin wazirx exchange and bitbns exchange. i believe these exchange gives you instant withdrawal and deposit directly from your bank

[rk8814719]

Hello Team
My 2 year Experience is best  exchange Wazirx good team and Website Very good and 100% legit not any Complaints  Scam.WazirX is a centralized cryptocurrency exchange based in India. This company was launched in March 2018 by a team made of Nischal Schetty, Sameer Mhatre, and Siddharth Menon. The company offers a system that allows users not only to trade digital assets but also to buy and sell cryptocurrencies such as bitcoin, bitcoin cash, litecoin, dash and many more

[libert19]

The company offers a system that allows users not only to trade digital assets but also to buy and sell cryptocurrencies such as bitcoin, bitcoin cash, litecoin, dash and many more

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