How to invest in bitcoin ?
Investing in cryptocurrencies is quite easy and you can start investing in bitcoins in less than 30 minutes. All you need is a mobile phone and your Pancard/Aadhar card.
Bitcoin can be purchased online and is stored in a digital wallet. A wallet is a small personal database that you store on your smartphone, computer drive, tablet, or somewhere in the cloud.
There are multiple bitcoin exchanges available in India such as - Zebpay, Unocoin, Bitxoxo, Coinbase, etc. You can go on their website or download their app.
You can then create an online account/digital wallet on any of these exchange. Once the wallet is created, you can transfer the money from your bank accounts to your digital wallet and start buying and selling bitcoins.
The price of a bitcoin has varied from Rs1000 to Rs 11,70,000 over the last few years. Nobody know how cheap or expensive it will become in future.
Since buying a single bitcoin is very expensive so you can start investing from Rs 1000 by buying a fraction of a bitcoin.
Bitcoins are not regulated so beware in distinguishing between fake and real bitcoin. So, before trading in Bitcoins, you should do a proper research about the exchange, wallet, etc.
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