RageshAntony
In the zone
I want to buy Bitcoin and Etherium in India
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Is that possible?
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Is that possible?
How to buy Bitcoin and/or Etherium coin in India ?
- Thread starter RageshAntony
- Start date
SaiyanGoku
kamehameha!!
RBI and GOI want to know your location.
Jokes aside, you can't. RBI banned all banks from processing payments for crypto transactions.
OP
RageshAntony
In the zone
Yeah I knowRBI and GOI want to know your location.
Jokes aside, you can't. RBI banned all banks from processing payments for crypto transactions.
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But I still hearing that many indian using Cryptocurrency illegally .
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How they able to do it ?
You an also buy bitcoin via paypal international transactions(assuming paypal international transactions are outside of RBI's monitoring of crpto-transactions,they should be though as usually these transactions are not specifically mentioned as crypto-transactions).
OP
RageshAntony
In the zone
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tried in coin base
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But they telling I have no money in account when trying to buy ETH . And there is no option to add money..
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How to buy in coin base?
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Or please recommend a platform that support that PayPal transactions and also supports India?
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Actually I am not a investor just learning this hot Cryptocurrency platform. (Simulators are not giving real feelings so I decided to invest a small amount)
Paypal in India does not allow adding money to paypal wallet or hold money in wallet. You will need a "paypal" button or paypal invoice payment option on purchasing site & then login into paypal account(after clicking button) & pay directly with linked debit(not all banks supported)/credit card.
billubakra
Conversation Architect
Go to dark web, you will find many Indians selling the same there.
P.S. No point in buying the same until and unless you are some hitman or some anonymous uploader.
P.S. No point in buying the same until and unless you are some hitman or some anonymous uploader.
OP
RageshAntony
In the zone
What about wazirX?
Stay away from darknet if you don't know what it is or are not familiar enough with it.Using paypal/similar option is better option for new buyer even with added commission charges.
OP
RageshAntony
In the zone
yeah good
suggest one trustable exchange/website who support paypal transaction please
Not really, it can be used for buying stuff in games, hosting fan forums etc... there are lot of legit uses
Try this(this is like ebay where you need to select good sellers,for reference click on seller name & then see their details,start with some low amount like ~100-500 for testing).
Buy bitcoins online with Indian Rupee (INR)
Limit column shows the minimum & max amount that can be used for transaction.Below seller has 100-76520 limits meaning min Rs.100 & max Rs.76520 required for transaction.
Buy bitcoins online with Indian Rupee (INR)
Limit column shows the minimum & max amount that can be used for transaction.Below seller has 100-76520 limits meaning min Rs.100 & max Rs.76520 required for transaction.
billubakra
Conversation Architect
Which game developer ask for bitcoins?
Bitcoin is mostly banned by majority of the central banks, so how is it a legit source for trade?
Bitcoins are preferred because a) there are no commission charges like paypal, b) there are no regulatory restrictions(e.g.paypal now bans almost all filesharing sites from their platform citing copyright violation) & c) many people in west(especially US) prefer anonymity.
thetechfreak
Legend Never Ends
Remember though, if for any reason you come under scrutiny, it is illegal to buy/sell crypto in India.
OP
RageshAntony
In the zone
I am not a supporter of cryptocurrencies
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Because it does not obey any fundamental laws of financial economics except demand and supply
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According to me the better investment options are stocks and mutual funds
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I just I want to know about cryptocurrencies
Bitcoins were never meant for investment,they were created as an option to bypass central payment regulatory authorities.It is just that their price suddenly surged making a lot of people notice them.
OP
RageshAntony
In the zone
why developed countries like European union countries and USA not banning these cryptocurrencies ?