How To Exchange Indian Rupees To Bitcoin With Easy Steps?

Koinbx
3 min readFeb 24, 2021

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What is Bitcoin?

Bitcoin, the first cryptocurrency, is a decentralized form of virtual currency that cut-down the need for thrid parties & intermediaries like banks and governments to make financial transactions. Launched in 2009, Bitcoin is traded in fraction of seconds and unlike fiat currency, bitcoin is created, distributed, traded, and stored with the use of a decentralized ledger system which called as a blockchain.

Bitcoin is the most popular cryptocurrency and has generated the launch of hundreds of other crypto coins, collectively called as altcoins. Bitcoin is commonly abbreviated as “BTC.”

How do I Buy Bitcoin & Is it more expensive?

Buying Bitcoin doesn’t have to be more expensive. With the help of Koinbazar, you can buy a fragment of Bitcoin for as minimum rupees.

How does Bitcoin make money?

Many of them figuring out how to make money with Bitcoin, there are many option available to make money with Bitcoin in the market specially Trading is one of the hot and trending concept which helps to make money with Bitcoin. Trading a Bitcoin is its fast-paced convertible. Essentially, BTC/INR trading means taking profit of Bitcoin’s highly volatile essentially. This process requires practice and knowledge of the crypto market. Here are a few styles of crypto trading to get you started:

Day Trading — Day trading involved short and quick trades that capitalize on minute market fluctuations without leaving open positions overnight.

Swing Trading — Swing traders neither wait too long nor close too soon. They remain till the price reaches their desired mark and close at the apt moment

Arbitrage — Arbitrage is when traders buy from one exchange and sell in the other.

Why Choose Koinbazar?

We’re the India’s leading and trusted crypto exchange. We make buying crypto to crypto & Crypto-Fiat fast, easy, and safe. Our Customer Support team is always ready to help.

Ready to buy Bitcoin with INR? Here are the steps:

If you’re a new or experienced crypto trader and want to open an account with Koinbazar, sign up for a Koinbazar account and verify simple KYC. Otherwise, read this article for step-by-step instructions on how to buy Bitcoin with Koinbazar.

Step 1: Create your Koinbazar Account

Sign up with your email address and choose a strong password and verify your KYC process

Step 2: Start Buying Bitcoin with INR

You can buy Bitcoin on Koinbazar using INR instantly: Link the Bank account, update the requested information . Once the admin reviewed and approved your KYC & Bank details, you can proceed with further actions.

Deposit Your INR and Trade for Bitcoin

We’ve made it simple and easy process which helps to deposit select fiat currencies, like the INR on your Koinbazar account. (Terms and conditions apply.) You can then use these deposited funds to Buy Bitcoin with INR on the Limit, Market, and Stop limit on Koinbazar.

Buy Bitcoin with INR now on Koinbazar — https://www.koinbazar.com/trade/BTC-INR

Signup for Free & Trade Now on Koinbazar -https://www.koinbazar.com/register​

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Koinbx
Koinbx

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