Recently, Bitcoin has been gaining a lot of attention in India and also around the world. With the supreme court lifting the banking ban on cryptocurrencies set by RBI, Cyptomarket is booming in India.
So, everyone has been showing interest in buying Bitcoin and other cryptocurrencies.
In this blog, I will give a clear-cut explanation on how to buy bitcoin or any other cryptocurrency in India using INR with the help of Wazirx exchange, which is considered India's most trusted cryptocurrency exchange.
Follow these steps to make your first Bitcoin purchase or any other Cryptocurrency Purchase and be a part of this revolutionary system:
Step 1 :
Your account will be verified within a few hours.
Step 2 :
Open the Wazirx app navigate to the fund's sections by clicking the fund's icon in the bottom and then click on INR as shown in Figure 1
Step 3 :
Now click on the deposit button as shown in Figure 2
Step 4 :
Now choose instant deposit or standard deposit option as shown in Figure 3.
I personally prefer the standard deposit option as the instant deposit will cost you some extra bucks.
Even the standard deposit is pretty fast, it just takes a few minutes to deposit.
Step 5 :
Now copy these bank account details and transfer the amount to it.
After you are done with the transferring of money, click on Add transfer details as shown in Figure 4
Step 6 :
Now add the transfer details and click on submit as shown in Figure 5
If you have any doubts regarding the 12 digit reference id refer to Figure 6
( Basically, you will receive a reference id in your messages whenever you do a transaction. You can also find it in the bank statement.)
Step 7 :
After you have added the transfer details, money will be deposited in your Wazirx account in a few minutes.
You can check them in the fund's section
Now navigate to the section of the market at the bottom of the page and then go to the INR section which is present on the top.
This particular page will consist of Bitcoin price, Wazirx coin price, or any cryptocurrency price in INR.
Now select the coin you want to buy. In our case, we are buying Bitcoin. So, click on the BTC/INR as shown in Figure 7
Step 8 :
Now in the green-colored buy section select the amount of money you want to invest in and then click buy as shown in Figure 8.
Your order will be matched instantly.
Step 9 :
Now you are a proud owner of Bitcoin !!!
To see your funds navigate to the fund's section as shown in Figure 9
You can see your bitcoin balance there. Your INR balance is also displayed.
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