Where to purchase Bitcoin and altcoins in India

There is sudden surge in demand of Bitcoin in India due to its outstanding returns over the period of 1-2 years fascinated many investors and traders. I too was unaware of this crypto currency till May2017. I accidentally browsed a webpage informing about crypto currencies and its potential value. So I dig deeper to get the knowledge about this new means of currency. Once I got confidence about the technology behind the crypro currency, I decided to invest in it.
In India, you can purchase Bitcoin using Zebpay, Unocoin, coinsecure.in , Bitcoin India apps . I have used Zebpay, coinsecure and Bitcoin India so far. Observations about these apps/ website as follows:
Zebpay:- one if the most widely used app to purchase Bitcoin in India. I also purchased firstly from this app.  I can say it's reliable source for purchasing Bitcoin. Major drawback of this app is, they charge heavily for the Bitcoin transaction. Once you complete KYC Process, you need to upload the money into Zebpay's  wallet. They charge money to upload money into wallet. Recently they removed this charge.  Also Bitcoin buy rate is not at par with the global Bitcoin rate as well as well rate. At any point of time, there is difference of Rs.8000- Rs.12000 in Buying and selling price. This is too much for a user.
Coinsecure :-
They have website to purchase Bitcoin. Offer best rates among all the  Bitcoin trading platforms. Only improvement they can do with respect User interface of the website. Quite confusing.
Bitcoin India:-
Relatively new platform but they are quite agressive in putting efforts to have one stop shop for all the crypto coins. Currently I am only this using this app+ website to invest in crypto currencies. They have good customer care support in case if any issue in using the platform. They offer all the major altcoins along with Bitcoin . Thus is only one platform where you can purchase altcoins in India. Otherwise you need to first purchase Bitcoin and then using crypto currency exchanges purchase altcoins. So this is my favorite among all. It's rates are also not exaggerated.
Currently there are talks about future of crypt currencies. But I think there is technology behind every crypt currency. So it is definitely not a scam. One thing is current price of Bitcoin is probably little bubble. Utbis due to major difference between supply and demand of Bitcoin. There are only 21million Bitcoins. So definitely the value of Bitcoin will rise in future.
Personal opinion is do not overexpose to crypto currency investent. But your portfolio bshould contain 1-2℅ in it. Hold it for long term.
Happy Investing!!! ☺️

Comments

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