Bitcoin a.k.a the digital gold in the trading fraternity is witnessing huge success every year. It would be no wonder if this proves to be “the year of Bitcoin” for the amount of belief buyers have for the cryptocurrency and the long-term profit it brings back home. The current BITCOIN price in India is showing at ₹29,40,000. Bitcoin to INR is the value of Indian currency per Bitcoin. As of today it stands at ₹29,40,000. With certain strata of the trading population benefiting from the smart trading trend, there is even a larger fragment of society which has a very basic knowledge about the virtual currency, if at all. The unconventionally new and independent mode of exchange needs awareness indeed.
Bitcoin made its existence in 2009, gained popularity in 2017 and has been a household name since then. The layman seems to have a vague idea about it but there’s the curiosity to learn more.
See more: Current bitcoin price in inr
Many financial institutions are embracing Crypto as payment or as a real-time investment option. Successful platforms like PayPal has added Bitcoin and Amazon launching its coin, soon would be used for shopping and to restore value. Mass popularity and trust in Cryptocurrency with fiat currency INR exchange is everyone’s guess which is the BTC to INR equation.
Bitcoin has gained a ground-breaking recognition and is labelled as a digital asset for a trading platform with an estimate of 2 million users worldwide. A rapid manoeuvre of retail and big-shot investors can be seen to this unregulated new-age boon despite the experts warning about the abrupt price fluctuations. At present, Bitcoin price INR shines at ₹29,40,000. Over a million new investors have flocked to the Bitcoin market in India in the last six months.
Bitcoin Price in India
The Indian trading platform Bitbns is recently evolving since its inception. Seeing the craze and popularity of cryptocurrency in India and not having the best option for Indian users to buy, sell and trade cryptocurrency, we started Bitbns to provide a smooth, more comfortable and faster way to buy, sell and trade digital currency for Indian users. We are the only exchange in India which allows a user to trade multiple cryptocurrencies on the go.
The April 2018 ban imposed by Reserve Bank of India not permitting banks to facilitate banking transactions for cryptocurrency exchanges and other services was lifted on March 4, 2020, by the Supreme Court which led people to explore the opportunities to invest in Bitcoin once again. With the constant dip and rise in Bitcoin price INR and USD, many foresee it is a great chance to get them better profit returns. Those who plan to invest need to stay updated with the Bitcoin price INR status on an everyday basis. For example, today’s Bitcoin price INR is showing as ₹29,40,000. 1 BTC to INR means the value of the Indian rupee for 1 Bitcoin value worldwide.
India is the world’s largest remittance market, according to the World Bank. The rapid appreciation of the prices of digital currency has sparked national interest and the craze for cryptocurrencies has grown extensively in India. Following the soaring bitcoin in 2017, cryptocurrencies are attracting increasing interest in India.
All it takes is to follow the Signup procedure below and start trading with a few clicks!
Buy Bitcoin in India
Just like signing up with any website, the first step is to Sign Up create a Bitbns account. With this “Bitcoin account” you can buy and sell Bitcoins and many more cryptocurrencies.
This is a necessary step known as 2-factor authentication which will ensure that your account is protected in the unfortunate case that your account details are hacked / stolen.
We are also very strict when it comes to verifying your identity. And hence users have to submit PAN card or Aadhar card for ID verification.
After adding your bank account details on your Bitbns account, on your screen you will see two options: (1) either you can enter the Bitcoin amount or (2) the amount in INR.
As soon as you have finished all you are ready to buy your first Bitcoin.
Bitbns also has important factors that make it an attractive proposition:
Easy to use site
Excellent user rating
Prices in India definitely varies from International market as it is directly proportional to demand and supply. Check below the prices of all coins in India in INR.
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