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Buy and Trade Bitcoin in India

Today we introduce you three Bitcoin Exchanges in India.

#1 – Unocoin is probably India’s leading Bitcoin Platform. Their Customers can buy Bitcoins with any Indian Bank Account either via Online Banking or National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS). They have built a great Bitcoin System that makes it super easy to securely buy, use and accept Bitcoins. Unocoin also follows the Know Your Customer (KYC) and Anti Money Laundering (AML) Guidelines, which is the Process of a Business Identifying and Verifying the Identity of its Clients.

The Pros about Unocoin are that they are a regulated Company based in India, they are backed by Investors in the United States of America and they have a low 1% Fee, reduced to 0.7% with sufficient Trading. On the other Hand, the Cons are that they require extensive ID Verification and they offer an Online Bitcoin Wallet that should be used to store Bitcoins permanently.

#2 – CoinSecure is another big Bitcoin Exchange and Trading Platform in India. They offer a large Number of Deposit Options like Immediate Payment Service (IMPS), National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS) and Cash Deposit.

The biggest Pros about Coinsecure are that they are a regulated Bitcoin Exchange based in India, they have great Video Service Guides available online, they have very low Fees at just 0.3% per Buy and they are certified ISO 9001:9008. The Cons about this Bitcoin Exchange Company are the Focus of the User Interface on Traders, so it may be difficult to use for First Time Buyers, and they have a wide ID Verification in the Registration Process.

#3 – Zebpay is a well-known Bitcoin Broker based in India. If you have an Indian Bank Account, you can easy buy Bitcoins with their Android or iPhone Apps.

The Pros of Zebpay that they are a regulated Company in India like the two others above. They also have Multi Signature Security Features and they offer additional Services, such as Gift Vouchers for Bitcoins and the Purchase of mobile Airtime. But the Cons are that they also require an ID Verification the hold the KYC Guidelines and in this Way to prevent being used, intentionally or unintentionally, by Criminal Elements for Money Laundering. Another lack is that their Fees are included in the Buy and Sell Prices, so they are not displayed Publically.

Which Bitcoin Exchange Market do You use? Share your Experience with us by adding a Comment below. Thank you 🙂

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