account. Here is what you need to start investing in Bitcoins: An exchange or website to buy Bitcoins. This worked pretty well as the Bitcoin price difference between International market and in my country was significant. You can purchase Bitcoin on these apps as per the rate published by them and not as per the rates in US or anywhere else. For now, lets discuss point #1 and #2. I bought a few units of Bitcoin from Unocoin which is an online exchange platform for Bitcoin in India while some others were purchased on Zebpay. Only 21 million units of Bitcoin can ever be produced, of which.5 million have already been mined by July 15, 2016. This KYC verification will take about a day once that is done, you will be able to start buying Bitcoins. You are now the proud owner of some Bitcoin.
I am planning to invest in bitcoins in India (trade)
How To Purchase Bitcoins Legally In India Tutorial - CoinSutra
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No regulatory approvals, registration or authorisation is stated to have been obtained by the entities concerned for carrying on such activities the central bank had said. The next step is to complete the KYC. If you are ready and excited to purchase Bitcoins, this guide will help you get started with Bitcoin investment. In particular, the one which is related to the security of your account is especially important to pay attention. Click on Security 2-Factor Auth Enable Secondary Password (Google Authenticator). We have come up with other options through which you can buy Bitcoins. Governments print currency notes. Think of this P2P exchange as eBay where you connect directly with the seller to purchase Bitcoins. Here is a video that will help you to understand the full process: Well, if you have followed all of the mentioned steps, then congratulations!