Launched by the mysterious Satoshi Nakamoto in 2009, Bitcoin is widely regarded as the first crypto. Bitcoin is a decentralized digital currency that can be bought, sold, and exchanged without using an intermediary such as a bank. It is a mode of exchange, i.e., a currency and a store of value or an alternative investment.
No matter whether you buy Bitcoin (BTC) in India or anywhere in the world, the transaction undergoes verification through a process called “mining,” which relies on computational power. Unlike traditional stock markets, you have the flexibility to invest in Bitcoin in India at any time of the day. Bitcoin is one of the earliest and most widely recognized cryptos, having gained immense popularity worldwide. However, it has also experienced significant price fluctuations, creating a captivating narrative of ups and downs. The success of Bitcoin has paved the way for the emergence of other high-value cryptocurrencies, such as Ethereum, Cardano, Solana, Dogecoin, and more, which now dominate the market based on their market capitalization.
So, this was an overview of Bitcoin; now, let’s learn 5 easy steps about how to buy Bitcoin.
How To Buy Bitcoin in India in 5 Easy Steps
Below are a few simple steps you can follow and buy the BTC token in India with WazirX, India’s most trusted and widely used crypto exchange.
The best way to buy BTC tokens is by depositing INR in your WazirX wallet. Alternatively, you can also buy BTC using P2P trade; to get answers to all your queries related to the P2P trade, click here!
Step 1 – Sign-Up on the WazirX platform
To begin buying and selling BTC, you are required to create an account on the WazirX platform by signing up. Also, you can directly login if you have an account already on the platform.
