Bitcoin is a type of cryptocurrency. The demand of bitcoin is day by day increasing so the values of bitcoin is also increasing. The value of 1 BTC was around 44 INR in 2011 but now the value of 1 BTC is around 14 Lakhs INR. This shows the price graph of the bitcoin which has grown very quickly in the past few years. In India, Bitcoin Currency is not legal so you are advised not to trade in this currency. But if you want to earn something by just investing in it, you can make a wallet of bitcoin. In India, the major bitcoin exchange comapnies are Zebpay and CoinSecure. Today I will be giving you the step by step tutorial for making the bitcoin wallet. You should be 18+ for making this wallet.
Basic Requirements
1. Android Mobile/ iOS Mobile
2. Aadhar Card
3. PAN Card
4. Email ID
5. Bank Account Passbook
Step by Step Procedure
1. Firstly install the Zebpay application from google play store or app store. After installing the application you will be asked to verify your number by entering your mobile number. After verification of the mobile, just enter your name and upload your photo.
2. Second and the most important part of this procedure is the verification process. Just click on the top right corner of the app and click on verification icon.
3. After clicking you will be asked to enter your email ID, just enter the email ID and verify it by opening your gmail and click on the verification link sent to you by Zebpay.
5. After approval, you will get your Bitcoin Address of which you can send or receive bitcoins from your friends and families.
6. Now you can add money from your account or somebody else account by using PayUMoney or express transfer payment gateway available on your app.
7. After succesful addition of money, you can buy or sell the bitcoin immediately on one click from your zebpay wallet. But do remember that everytime you buy, sell, send or withdraw money from Zebpay, Zebpay will charge some commission of the transaction.
So this is how you can invest your money in Bitcoin in the legal way in India. Thanks for reading this article. You can ask me more about this on comment box below.
Post a Comment
Post a Comment