How can you Buy Other Cryptocurrencies Using Bitcoin?

Bitcoin is the most popular and growing market in the financial industry. If someone is interested in trading the currency or investing for future and good return. The person has to search for the best bitcoin exchange in India. See the facilities provided by the specific bitcoin exchange in India.

Register urself to the exchange using the app or from the website of the bitcoin exchange. After the verification of your account which may take time depending on the exchange, you selected for yourself. As every bitcoin exchange take some estimated time to complete the process like Bitxoxo does the verification in approx 30 mins, Zebpay may take 2-3 days and so on.

Always check the best bitcoin rate given by the bitcoin exchanges. Use the bitcoin address which is an automated generated link of yours to buy and sell bitcoin or purchase other virtual currencies.

There are multiple platforms made for the trading of cryptocurrencies. But in India, you need to buy bitcoin first to trade the other virtual currencies. Using the bitcoin you can buy different currencies like a ripple, ethereum, dash, etc. from the platform trade the virtual currencies such as Poloniex.

Why Reserve Bank of India: Taking Time to Accept Bitcoin?

While other countries are accepting bitcoin, India still lacks behind taking the decision. There are several security reasons due to which Indian government is taking a time to examine virtual currency. The best bitcoin exchange in India also took part to make understand and clear the facts related to bitcoin.

The reason of Indian government given below:

• The bitcoin work on blockchain technology that provides both sender and receiver to check on the fund and track them but central banks can't check on the black money transaction.
• Hacking of your system, account or bitcoin address.
• If you face the problem like loss of password, it cannot to tracked again.
• The virtual currency is highly bullish in nature.

 Still, the RBI has formed a committee with high authority officials from different government sectors to examine the virtual currency and disclose their verdict on a given date. Indian and bitcoin exchange in India hoping for the positive result from the government.As every day, the number of people trading and move forward to buy bitcoin and sell is increasing.

Best time to Buy Bitcoin

Bitcoin and other cryptocurrencies are booming to the peak these days. Every country is showing the great keen interest in digital currencies. Some busy in regulation and other making bitcoin as a mode of payment.

In this scenario, it's hard to examine the best bitcoin rate and suitable time to buy bitcoin. The digital currencies market is unpredictable. But then many of the traders and citizen finds cryptocurrencies as the best investment vehicle nowadays other than fixed deposits, share market and policy terms.

If an individual is going for a long term investment there is no best time to buy bitcoin. The later you get to buy or sell bitcoin the more chances to unexpected issues arises. These virtual currencies are similar to roller coaster ride. The value can anytime go up and down.

If the virtual currencies really interest you then go on and invest a small amount in building your confidence first and later you can trade on any of the best bitcoin exchange in India if you find it suitable and profitable according to you.

Bitcoin and Best Bitcoin Exchange in India

Bitcoin as most of us now are aware of this virtual currency. Hence, a short brief about the most popular currency with the highest growth rate all over the country is necessary for the newcomers.

The bitcoin is a virtual currency no one regulates or monitor it. The operation such as trading and transaction are done electronically over the web. It uses peer-to-peer networking. The cryptocurrencies are used by people is different from the fiat currency of any country. Bitcoin is originally mined. The mining is a process done using software and solving the mathematical equation to get a block from which the bitcoin is generated.

The mining of bitcoin is done single-handedly or the other method is pool mining. In return, the miners get the bitcoin as a reward for their hard work. The best bitcoin rate these days are making miners more dedicated towards their work.

There are multiple exchanges in India, but today will mention below few of the best bitcoin exchange in India that is really helpful and great to use for the trading purpose. Giving the best bitcoin rate for your investment.

Bitxoxo

Bitxoxo is the fastest growing bitcoin exchange in India with an easy and user-friendly platform for the users. They provide you the best bitcoin rate with 0% fees to buy or sell bitcoin in India. The customer support is open 365 days and 24x7 to resolve the query of their customer.

Coinsecure

Coinsecure is a good trading platform. It charges fees of 0.3% to buy bitcoin every time of your purchase or sell. They also provide the video service for the customer to understand their interface.

LocalBitcoin

The Localbitcoin exchange offers the cash deposit to buy or sell bitcoin in India. They transaction through cash done privately for trading.

Indian Citizens Investment in Bitcoin Increased

The number of people investing in bitcoin is increasing every day. In spite, the government remains silent over the regulation of bitcoin in India.

The digital currency bitcoin allows people to transfer funds online with a high speed and without any interference of the third party such as bank or money transfer companies.

According to one of the bitcoin exchange in India, its adding 2,500 users to its website daily. These increasing numbers show the growth and awareness of bitcoin and other cryptocurrencies among the people of India.

Bitcoin becoming the most valuable asset for people these days in comparison to gold, the digital currency gives best bitcoin rate of 1,822 USD according to coindesk today's report. which is much higher than an ounce of gold.

People prefer to buy bitcoin from the best bitcoin exchange in India. You can even hold your bitcoin in bitcoin wallet provided by bitcoin exchange in India or can buy other cryptocurrency using bitcoin.

Growth of Bitcoin in India

Bitcoin has covered the vast space in the Indian market. The growth and the popularity of the digital currency are increasing every day with its price going up and down. There are the chances that Indian government will be regulating bitcoin in India.

The verdict will be coming soon this summer from the committee established by Indian government that includes different government department’s representative such as Finance Ministry, Department of Revenue, Department of Economic Affairs, Department of Financial Services, Ministry of Home Affairs, Ministry of Electronics and Information Technology, Reserve Bank of India, NITI Aayog and State Bank of India.

There are the chances that India will be coming out as a great user of bitcoin and other cryptocurrencies in coming years. As per the reports and analysis in India, the demand for the bitcoin has been increasing since the demonetization exercise started in the nation. The increasing demand is vice versa records the rise in price.

The bitcoin trading in the best bitcoin exchange in India has been increasing with the investors who see the digital currency as an investment asset. 

Bitcoin Market in India

Bitcoin is the fastest growing virtual currency all around the globe. All the transaction made for buying and selling the digital currency can be done through the web.

The bitcoin and other cryptocurrencies are been accepted by most of the countries today. Giving growth for the bitcoin exchange market. The countries like Japan are the highest adopters of bitcoin. The Japanese government has also passed the law to accept the payment via bitcoin for the retailers.

Few weeks backs news stated that Japan is accepting a donation in bitcoin to preserve the historical park in the city. The increasing demand for bitcoin in the city leads to the registration of 10 new bitcoin exchange in Japan.

India also admitted itself in the list of bitcoin adopters but the regulation is still to come. For which the committee is established to make the decision according to the all records and analysis of bitcoin. The Indian citizen looking for the bitcoin and investment in the cryptocurrency for which you need register in the best bitcoin exchange in India.

The bitcoin market is spreading speedily and due to the best bitcoin rate in comparison to other currency, it is becoming the investment vehicle of the people.

So, what are you waiting for a search for the best bitcoin exchange in India and buy bitcoins for your future investment?

Cash Crunch Leads India to Search Best Bitcoin Exchange India

The cash crunch in India leads Indian citizen to take a turn and search for the best bitcoin exchange in India. The virtual asset is rising day by day, as cryptocurrencies awareness is spreading gradually among the peoples now.

Citizens are still struggling with the cash problem in India. The banks and ATMs are getting out of cash. The people are standing in lines for the cash in India. Due to which more of the people are going for the web transaction through digital currencies.

The best bitcoin exchange in India is multiple to make a transaction for that leads to the best bitcoin rates and for other currencies. You can easily buy or sell bitcoin in India through the exchange you choose from and for which you need to register urself. 

After the registration, the account will be get verified using your PAN card and making all KYC formalities. You can buy bitcoin from the exchange with all security norms and with the fastest transaction.

Choosing a Best Bitcoin Exchange in India

While choosing the bitcoin exchange in India you need to know few important factors that can help you to select the perfect exchange as per your need.

Privacy 

Privacy is a very important factor while you trade using any of the trading platforms. There are multiple options to buy bitcoin in India but mostly used are via bank transfer or cash deposit that keep your purchase private.

Buying Limit

If your requirement for the bitcoin is huge. You need to select the exchange which is capable of fulfilling your need of bitcoin. Many exchanges have set their buy limit on their interface to buy bitcoin to some extent.

Speed

Speed is also one of the main factors in this industry. One should need to check how fast his cash is converted into bitcoin. The payment method you use to buy or sell bitcoin can also affect your speed of receiving bitcoin.

Reputation of Exchange

Before choosing a best bitcoin exchange you need to check out the reviews for the specific exchange. Don't forget to see for how long the exchange is in service.

Exchange rate

There is no specific price for the bitcoin. You can check coindesk or any other website suits you to monitor price. Now see the exchange you have chosen to trade, is it giving you the best bitcoin rate to buy bitcoin.

How to Get Free Bitcoin?

There are few simple and easy ways to get free bitcoins. When most of the world is making money online their new ways for earning money is also coming out every day we sat in front of our computer screen we get something interesting way to earn money from the web.

Below given are few ways to get free bitcoin from e-commerce or bitcoin exchange it’s just you need to know how to earn them.  You can exchange your bitcoin later in best bitcoin rate or hold them in a wallet provided by the best bitcoin exchange in India.  To solve this problem, you need to read this article.

Gift Cards

If you spend most of your time in front of the computer even you shop for your needs from e-commerce site you must have got several gift cards. The cards which might be thrown somewhere in your cupboard or drawer.

Wake up! And grab your gift card and exchange them for bitcoin reaching any of the bitcoin exchange in India. Whereas there are multiple stores and websites in United State exchange it for bitcoin but the gift card should be from the valuable store.

Reward

Yes, you heard it a right reward, but these rewards are quite special. You get bitcoin rewards in a form of point that can also be exchanged for bitcoin. All you need to do is download any game that offers you bitcoin or doing a survey can get u a bitcoin reward from websites.

What is Bitcoin?

Bitcoin is a first decentralized currency that operates on peer to peer technology. There is no official body to govern the bitcoin. There is no third-party involvement in the currency. It is invested in the year 2009 by Satoshi Nakamoto. It is a virtual currency not printed such as rupee, dollars or euro. Bitcoin is generated by the people using software by solving numeric equations known as bitcoin mining.

The bitcoin currency fee charges are low as compared to traditional ways of transferring money worldwide. These days most of the people are inclining toward the cryptocurrency as it seems the trusted investment vehicle for the best bitcoin rate available from the bitcoin exchange in India.

How to earn bitcoin?

There are several ways you can buy bitcoin. The reliable place to buy and sell bitcoin are bitcoin exchange. There are multiple bitcoin exchanges operating in the market such as bitxoxo.com, unocoin etc. The best exchange in India that provides hassle free service to their clients with a fast and secure platform for trading.

Investors Developing Interest towards Bitcoin Exchange in India?

Bitcoin price has crossed one lakh INR with every single figure of bitcoin investors see the huge profit out of digital currency by getting the best bitcoin rate from the exchanges with fast and hassle free transaction to buy and sell bitcoin. Searching for best bitcoin exchange in India is not that easy you need to look for the best service and procedure provided. The registration on a bitcoin exchange platform like Bitxoxo, Zebpay, etc is necessary with the authorized legal documents like bank details and pan card along with a mobile number and after the verification of your account you can buy bitcoin gift card, buy and sell bitcoin from the exchange. The verified user is eligible to track all the real-time transactions detail using blockchain technology. 

Bitxoxo

 Bitxoxo Bitcoins Pvt. Ltd is India’s fastest growing bitcoin exchange company. The company operates 24x7 to resolve the query of its users. One can contact them via email, contact number, and chat support. The only exchange that allows its users to make a transaction of funds via IMPS. Whereas other channels like RTGS and NEFT may take 2-3 days on bank holidays you can make your payment hassle free on Bitxoxo bitcoin exchange easily.

Coinsecure

 Coinsecure is the first exchange comes with Paper Wallet and Robust Blockchain API. It provides automated, deposits and withdrawals, charges 0.3% fees for trading. To get fast and convenient service for holding your bitcoin Coinsecure provide wallet to its users.

Zebpay

 Zebpay the bitcoin exchange popular for its fast transaction services started its operations in 2012. You can get the best bitcoin rate here. The Zebpay ensures the on-time service and safety of the bitcoin to its users.

Best Bitcoin Rate in India

It is possible to get the best bitcoin rate in India. If you are trading or investing in an Indian market.

Bitcoin is a decentralized currency, which is not governed by any official body. There are several reasons that make bitcoin price fluctuate. The cryptocurrency market spread worldwide. Most of the western countries have legalized whereas other countries such as India and Russia are still examining the digital currency.

There are several bitcoin exchanges in India, which offers you some great price to trade, invest or buy and sell bitcoin. Few of the exchanges also provide the wallet facilities for its users with the user-friendly platform for quick and secure transactions.

Below given few bitcoin exchange in India offering the best rate for bitcoin:

1. Coinsecure

Coinsecure is the fastest trading website. The service given or taken are secure with the strong interface. It provides the wallet to its users to hold its bitcoins with the real-time check of blockchain open ledger.

2. Bitxoxo 

Bitxoxo is a safe and fast platform for bitcoin transaction. The bitcoin exchange having a user-friendly interface. Where you need to register, verify and make your transaction to buy a gift card, sell or buy bitcoin. Bitxoxo offers less price in comparison to other bitcoin exchanges in India with 0% fees for services. The payment can be done by NEFT, IMPS and RTGS

3. Unocoin 

The Unocoin gives extraordinary support to its users. You can easily buy, sell or send bitcoin anywhere in minutes. The services are fast with minimal charges of the transaction made on the site via bank transfer of funds.

4.  Zebpay 

Zebpay is a decent bitcoin exchange. The rate of bitcoin is different or on the higher side from other exchanges. The transactions are quick but verification can be time-consuming sometimes. The transaction of funds can be made via bank transfer i.e., IMPS, RTGS, and NEFT