Bitcoins: How to Buy and Sell it?

Bitcoin

Bitcoin

Bitcoin, a digital currency that has been growing in popularity over the last few years. A year and a half ago, the idea of buying the virtual currency Bitcoin at that price was laughable. After a rapid rise in value in 2013, the cryptocurrency’s value more than half by mid-2015.

If you are thinking to invest in Bitcoin, then this is the best for Bitcoin investment. As the value of Bitcoin is going up significantly every year. Bitcoins are also used for online trading, remittances, and it has other uses too, like simply shopping for stuff.

So here are some of the options that you might be interested in buying or selling bitcoins:

1) Unocoin

unocoin

Unocoin an Indian owned operation company which interest in Bitcoin to buy and sell in India. People have shown interest in Bitcoin after November 2016 as demonetization strikes in India. The company makes it easy to buy or sell Bitcoin online and also functions as a wallet so you can use Bitcoin at other places via the site.

Setting up is easy, 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.

Unocoin has low as one percent fee and it also requires ID verification so it’s not a private transaction.

More to know about Unocoin on Web or Android or iOS.

2) BuyUcoin:

BuyUcoin

BuyUCoin allows you to buy Bitcoin online using your credit card, debit card, and net banking. BuyUcoin is India’s first Bitcoin and Ethereum wallet and exchange. It is easiest and more secure way to buy, sell and store Bitcoins and Ethereum with Indian Rupees.

BuyUcoin provides best rates, wallets, and security for the digital currency. In order to purchase Bitcoin, you must 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 start purchasing Bitcoin, which can be stored in popular online wallets, or in an offline wallet.

 

3) ZebPay:

zebpay

Zebpay is the fastest and easiest way to buy and sell bitcoins. It assures the fast transaction and gives the best Bitcoin rates. Zebpay lets you link your bank account for fast transfers.

In order to purchase Bitcoin, you must first verify KYC procedure. 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.

Zebpay is very easy to use and fast and at low fees. You can buy and sell Bitcoins, remit the money to your bank account, and track historical data on Bitcoin pricing.

Check Out Zebpay on Web or Android or iOS.

4) LocalBitcoins

LocalBitcoins

LocalBitcoins are very well known for the private transaction. The transactions can be quick and easy, and you can carry out in-person trades that can happen completely anonymously. These purchases can be carried out with cash, to avoid a paper trail.

There are some limitations on the amount you can purchase at a time. And also the price of bitcoins is little higher in comparing to other Bitcoin sellers.

Check out LocalBitcoins here.

So these were the site on which you can buy and sell bitcoins.