Buy Bitcoins in India (Easy, Best and Safe Way)

Buy Bitcoins in India

The following websites/Apps allows you to buy bitcoins in India.

Zebpay

To Buy Bitcoins: Download Android or iPhone App

Zebpay is a Bitcoin platform and broker based in India. It has Android and iPhone apps that make it easy to buy bitcoins with a connected Indian bank account. 

ZebPay Referral code to get 100Rs on your first deposit: REF44978986

Minimum deposit: 1000 ₹ Via Net Banking OR 5000  Via RTGS/NEFT/IMPS
Note: You have to verify the account by uploading Pan Card and Identity document like Aadhar card.
Pros
  • Regulated company in India
  • Offers additional services, such as purchase of mobile airtime and gift vouchers for bitcoin
  • Multi-sig security features
Cons
  • Fees included in buy/sell prices, not displayed publically
  • Requires ID verification; not private
  • Offers a Bitcoin wallet that should not be used to store bitcoins

Unocoin

It is Popular.

Unocoin is India’s leading Bitcoin platform. Their customers can buy bitcoin with any Indian bank account via online banking or NEFT and RTGS.

 UNOCOIN Referral code to get 100Rs on your first deposit: U250305
Minimum deposit: 200 Rs Via Net Banking/PayU money
Note: You have to verify the account by uploading Pan Card and Identity card like Aadhar card.
Pros
  • Regulated company in India
  • Backed by investors in the United States
  • Low 1% fee, reduced to 0.7% with sufficient trading volume
Cons
  • Offers a Bitcoin wallet that should not be used to store bitcoins
  • Requires ID verification, so not private

Coinsecure

Coinsecure is an Indian Bitcoin exchange and trading platform. It offers very low fees at just 0.3% per buy and a number of deposit options; including NEFT, RTGS, IMPS and cash deposit.

Pros
  • Regulated Bitcoin exchange based in India
  • Very low fees
  • Video service guides available
Cons
  • Offers a Bitcoin wallet that should not be used to store bitcoins
  • Requires ID verification; not private
  • Interface is geared for traders and may be confusing for first-time buyers

ShapeShift

ShapeShift lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens. ShapeShift works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins. Exchanges happen almost instantly because ShapeShift never actually controls your tokens but just exchanges them.

Pros
  • Easiest and fastest way to buy bitcoins with altcoins
  • Fees are reasonable for larger traders
Cons
  • Need altcoins or other digital tokens to use

CoinMama

CoinMama allows customers in almost every country to buy bitcoin with a credit or debit card. They charge an ~6% fee on each purchase.

If buying less than $150 worth of bitcoins, you won’t need to verify your identity. This convenience makes small purchases quick and easy.

Pros

  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers

LocalBitcoins

LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for the purchase is cash deposit. However, users may advertise trades for whichever payment method they prefer.

Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.

Pros
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • Beware of scams; always follow the rules!
  • Harder to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

Ravindra Paradhi

Engineer & Blogger.

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