How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e most likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get commenced with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can commence purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a fully anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and prompt, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen totally anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other forearm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant tho’, then a lot of people do recommend this because of the rapid and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e most likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the largest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get began with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can begin purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a totally anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and swift, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen fully anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other palm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant tho’, then a lot of people do recommend this because of the quick and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s enormously hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, tho’ you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e most likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get commenced with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can commence purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a entirely anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and rapid, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen downright anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other forearm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant however, then a lot of people do recommend this because of the prompt and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

For the latest tech news and reviews, go after Gadgets three hundred sixty on Twitter, Facebook, and subscribe to our YouTube channel.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e very likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the largest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get commenced with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can embark purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for quick transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a entirely anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and prompt, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen fully anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other palm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant however, then a lot of people do recommend this because of the rapid and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e very likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get began with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can commence purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for prompt transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a downright anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and rapid, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen fully anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other forearm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant tho’, then a lot of people do recommend this because of the quick and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

For the latest tech news and reviews, go after Gadgets three hundred sixty on Twitter, Facebook, and subscribe to our YouTube channel.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e very likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get embarked with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can begin purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a entirely anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and swift, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen fully anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other mitt, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant however, then a lot of people do recommend this because of the quick and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e very likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get commenced with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can begin purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a fully anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and rapid, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen entirely anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other arm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant tho’, then a lot of people do recommend this because of the quick and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, tho’ you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

For the latest tech news and reviews, go after Gadgets three hundred sixty on Twitter, Facebook, and subscribe to our YouTube channel.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e most likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the largest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get began with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can commence purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for rapid transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a fully anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and prompt, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen fully anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other forearm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant however, then a lot of people do recommend this because of the rapid and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s enormously hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

How to Buy and Sell Bitcoin in India, NDTV

How to Buy and Sell Bitcoin in India

  • Buying Bitcoin can be effortless to do online
  • It’s also possible to buy Bitcoin using cash
  • After you get your Bitcoin, it’s best to store them offline

This week, you’e very likely heard about Bitcoin, a digital currency that has been growing in popularity over the last few years. Bitcoin was recently in the news because of the ransomware WannaCry. The Wanna Sob cyber attacks were one of the thickest attacks of this sort, affecting computers in countries around the world; and the hackers demanded payment in Bitcoin because Bitcoin transactions are practically untraceable.

Bitcoin may be the currency of choice in the digital underground, but there are slew of legitimate reasons to considering Bitcoin as well. It’s a good investment for one, as the value of Bitcoin has gone up significantly over the years. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So if you’re interested in getting yourself some Bitcoin, how do you proceed? Well, the easiest way to get some is to use an online exchange, and buy some just like you would get anything else at an e-commerce site. There are some security concerns, and it’s best to stick to reputed sites, to get your Bitcoin or to store them. We determined to compile a list of such exchanges to help you get commenced with Bitcoin, if you are so interested..

We looked at a lot of different recommendations online and talked to people who have practice with this, and here are some of the options we were able to put together. Note that we’ve restricted ourselves to Indian exchanges, so that you can reach out to them in case of any concerns.

Online, we found the most recommendations for Unocoin – an Indian-owned operation, the company earlier told Gadgets three hundred sixty that interest in Bitcoin in India has been growing since November 2016, as a hedge against measures like demonetisation.

The company makes it effortless to buy or sell Bitcoin online, and also functions as a wallet so you can use Bitcoin at other places via the site. Unocoin also has apps available for iOS and Android.

Setting up is effortless, and you can buy and sell Bitcoin with the money going to your bank account using NEFT. Unocoin also lets you use your Bitcoin in a number of places, such as topping up your BookMyShow wallet, if you want.

Unocoin has a low one percent fee, but one thing that might put some people off is that it requires ID verification, so it’s not a private transaction.

We found this exchange being recommended by users on Reddit, and it has an Indian phone number provided for support. BuyUCoin permits you to buy Bitcoin online using your credit card, debit card, and netbanking.

In order to purchase Bitcoin, you must very first get a purchase ID. This requires your name, email ID, phone number, and your PAN card number and a photo of your PAN card. You also need to upload a photo of another ID – either your driving license or Aadhaar card.

Once you do that, you can commence purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet. You can see the price of Bitcoin at the top of the page, and then buy the coins just like you would purchase anything online.

Check out BuyUCoin on the Web

Another exchange that was recommended a lot was Zebpay. Based out of India, Zebpay has Android and iPhone apps, and lets you link your bank account for quick transfers.

Again, you need to carry out a KYC procedure, which means that this isn’t a fully anonymous account. However, it’s a regulated company in India, and it claims to suggest numerous security features to keep your coins safe.

It’s very effortless to use, and swift, with low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Coinsecure is also a regulated coin exchange out of India, which again includes KYC. This means that for people who want private transactions, Coinsecure isn’t the best option, but otherwise it is a pretty good option that is effortless to use with low fees.

The site has detailed guides to explain how to use Bitcoin, and to help you find your way around the site as well. The other thing about Coinsecure is that the design is very pleasing to look and effortless to understand.

The site shows charts providing data on the exchanges taking place so you can see how other people are trading, and at what rate. It’s a little reassuring to see other people trading in Bitcoin, and the volumes being traded as well.

Check out Coinsecure on the Web | Android

if you’re looking for a more private transaction, LocalBitcoins is a well known alternative. The transactions can be quick and effortless, and you can carry out in-person trades that can happen entirely anonymously. These purchases can be carried out with cash, to avoid a paper trail.

On the other palm, there are limitations on the amount you can purchase at a time, and also, the prices for Bitcoin are just a little bit higher than some of the other options we discussed above.

Beyond this, on Reddit some people also collective practices with scammers on the site. If you are careful and vigilant however, then a lot of people do recommend this because of the prompt and private nature of transactions.

Check out LocalBitcoins on the Web

What should you do after you get your Bitcoin?

Transfer them to an offline wallet right away – exchanges are at the risk of being hacked, and it’s utterly hard to track Bitcoin. That means that if the coins are stolen, then you might as well write them off.

A desktop-based wallet is the best option, however you can also store them using a mobile application. The most popular desktop application we came across was Electrum, and for Android users, Mycelium seems to be the most recommended app.

Everyone we spoke to suggested using an online wallet as a ‘hot’ wallet – where you keep just a little bit of your money, which you can use to make purchase online lightly, while keeping the rest of your money securely offline.

For the latest tech news and reviews, go after Gadgets three hundred sixty on Twitter, Facebook, and subscribe to our YouTube channel.

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