Cryptocurrency

How to buy bitcoin and Ethereum in India 2017

Written by Jana Raj

Hello Everyone, writing article after a while. Many of the people are getting in crypto recently. So just wanted to write a post for all the new guys who are entering into bitcoin and ethereum. Since the Bitcoin and Ethereum prices are boomed, the hype went to next level and many people are started investing and mining ethereum and bitcoin.

I’m writing this article for those who need to buy and sell bitcoin and ethereum in India without any issues.

How to buy bitcoin in India

1. Zebpay

Zebpay is app-enabled bitcoin wallet provider headquartered in Singapore with IT office in Ahmedabad, Gujarat, India. The company was founded by Mahin Gupta in late 2012 under the name Buysellbitco.in and is India’s first bitcoin exchange.

You can easily buy and sell your bitcoin using Zebpay. Try the app using the link provided below.

https://www.zebpay.com/

Pros & Cons

  • Reliable Android or iOS app.
  • Price is sometimes high, when compared to market.
  • Netbanking facility to buy bitocoin instantly

2.Localbitcoins

LocalBitcoins is a bitcoin startup company based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins.

The concept is simple, you have to find a advertisement from the seller in India.

Check the limits of the seller, choose how much you wanna buy, place a order and a 90min window will be created to make the payment to the seller where the bitcoins that you’ve ordered will be safely escrow’ed by the Localbitcoin system.

Once you complete the payment, the seller will release the bitcoin, don’t worry seller can’t cancel your order.

Pros & Cons

  • Security & Reliability is very high.
  • Sometimes sellers will ask for ID proofs to verify the sale.
  • Simple to buy and sell bitcoins.

How to buy Ethereum in India

The only website i can find in India to buy ethereum is EtheXindia.com. As you can see ethereum is a good competitor to bitcoin since we can find lot of smart contracts under ethereum and the price is going to moon day-by-day, ranking as no.2 coin in the market based on the market capitalization. No other sites in India is offering to buy or sell ethereum legally except Ethexindia.

Pros & Cons

  • Only site in India to buy and sell Ethereum
  • Reliable and Secured
  • No Instant deposits, only manual.
  • Sometimes transaction limits takes T+1 days

Alternatively, you can buy bitcoin and exchange it to ethereum on many exchanges available. We can discuss about this in our next post Top 5 Exchanges to buy and sell cryoto currency.

Do comment if you have any interesting websites that we can buy and sell  bitcoin and ethereum in India. Bye

About the author

Jana Raj

Janarthanan is the founder and Chief Editor of Tech4bros .He is a Student of Computer Science and Engineering ,a full time Geek, part time Blogger and Quarter time Coder. He loves Blogging, Web Designing and making new friends . Google Plus

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