Bitcoin price comparison india
The first problem that every beginner cryptocurrency trader in India faces is which exchange to start buying from. Cryptocurrency exchanges are platforms where you can buy bitcoins and altcoins in exchange for other assets, such as your conventional fiat currencies or different digital currencies.
Each exchange has its own rules and regulations. Thus, it is very important bitcoin price comparison india choose bitcoin price comparison india exchanges which suit all your needs. Instead, purchase bitcoins from different places. This can be quite confusing and time consuming for someone who bitcoin price comparison india just starting in the crypto world.
It is extremely easy to use and completely beginner friendly. They have a website as well as an app for ios and android. They have tutorial videos to guide new users. They allow transactions through debit cards, credit cards etc. This is a big bonus. They use 2 factor authorisation. Thus, security is of a high standard. They have many more features like you can create your own Systematic Investment Plan.
Transactions from your bank account to unocoin wallet are fast. It is the costliest exchange in India. You can check the complete fee structure here. There is a very high spread between the buying and the selling price. PayU money wallet limits apply. They charge additional 1. The buying and the selling price is usually higher than Zebpay you bitcoin price comparison india compare the screenshots.
I was bitcoin price comparison india to make a payment for bitcoin price comparison india small amount of BTC, by the time I tried to make the purchase, the rate had changed. So I had to make the purchase from scratch.
Transferring payments is painful. You need to first send your money to unocoin wallets. Zebpay offers the best user experience. It is very easy to use even for first timers. The buy rates are usually lesser here than Unocoin check the screenshots.
They charge lesser transaction fees than Unocoin. You can check their fee structure here. It is not available on desktop yet. Security here is slacker than Unocoin. The app opens without any pin unless you explicitly go in settings and enable it. They should enable 2 factor authorisation. You need to transfer money through online banking to your Zebpay Inr wallet which takes approx.
Many times the BTC price changes drastically within that time frame. They also have huge difference in their buying and selling prices. They charge only about 0. They promise to offer automated bitcoin deposits and withdrawals. They have tutorial videos The price difference between buying and selling is lowest at coinsecure. Thus, it is ideal for trading.
They provide a real-time trading platform with open ledgers — you can see all the transactions happening over their exchange. They also use a hybrid wallet where majority of your funds are stored in cold storage more securewhile a small percentage of your funds are stored in a hot wallet for immediate withdrawals.
You can start using coinsecure wallet without any need for verification. The UI is geared for traders. It is very confusing for beginners. They have a website and an android app. The site is facing a lot of technical issues lately.
It gets hanged sometimes. They really need to work on their servers. Koinex is another realtime trading platform where the price is decided by the buyer, seller and the market.
The spreads are generally low Along with bitcoin, they also support bitcoin price comparison india, litecoin and ripple. This is a HUGE plus point as there are no conversions and hence, the profits are maintained. The customer support is good. They have tutorial videos for beginners. They also provide a chat function to chat with fellow traders and support staff. You need to pay 0. You can see the fees structure here. Since its new, the per day trade volume is quite low.
They have a long way to bitcoin price comparison india yet. LocalBitcoins is an escrow service which helps to match bitcoin buyers and sellers in a secure manner.
You can buy bitcoins via an in-person meeting, making it one of the fastest and the most private ways to buy bitcoins. Purchase of BTC can be made quickly via cash deposits and many other payment methods. No buying and selling limits are imposed by them. There are many scams and frauds. Make sure you only trade with reputable users who have a history of making trades.
The can be slightly higher when you buy with cast, since many people are ready to pay some extra cash for privacy. Reputation of the exchange is good, but you need to check the reputation of each user on the exchange before making a trade. So sometimes it may take a while. Thus, BitcoinRates is a must-have for any Indian looking to trade in bitcoin.
It lists the buying and the selling price with and without fees of all the exchanges in India. This makes it easy for anyone to find the best website to buy or sell bitcoins in India. The green highlighter shows which exchange offers the lowest buying and the highest selling rates. If you want to invest in bitcoins for long term, I would recommend you choose either Zebpay bitcoin price comparison india Unocoin.
Unocoin Pros It is extremely easy to use and completely beginner friendly. Cons It is the costliest exchange in India. Zebpay Pros Zebpay offers the best user experience. Cons It bitcoin price comparison india not available bitcoin price comparison india desktop yet. Coinsecure Pros They charge only about 0. Cons The UI is geared for traders. Koinex Pros Koinex is another realtime trading platform where the price is decided by the buyer, seller and the market.
LocalBitcoins Pros LocalBitcoins is an escrow service which helps to match bitcoin buyers and sellers in a secure manner. Cons There are many scams and frauds. Conclusion Bitcoin price comparison india this was my list of the top 5 exchanges to buy bitcoins in India. The bitcoin train is fast moving. For trading, Coinsecure or Koinex are some good options.
Lastly, if you want to buy bitcoins in-person in a private manner, you can choose LocalBitcoins. But you can try them and let me know about your experience in the comments section below. Authors get paid when people bitcoin price comparison india you upvote their post.