How to Buy Bitcoin in India

Here are some of the Indian Exchanges which I use to Buy Bitcoins
  1. PocketBits
  2. Unocoin
  3. Zebpay
  4. Coinsecure
1.) PocketBits

PocketBits which is also an Indian Bitcoin Exchange founded by Sohail Merchant.

So, Today in this post, I’ll share my Honest PocketBits Review and How you can Instantly Buy & Sell Bitcoins from PocketBits

PocketBits Review

What is PocketBits?

PocketBits is one of the Best Cryptocurrency Exchange to Buy & Sell Bitcoins or Altcoins in India. It is fully functional for 24/7 with Amazing Customer Care. Services provided at PocketBits are very fast from verification to buying or selling everything is fast.

How to Sign Up on PocketBits?

1.) First of all, Sign Up on PocketBits

2.) Enter your Phone Number, Password and Verify your Phone Number via OTP.

3.) Click on Sign Up Button and complete the Registration Process.

Note: Once your Account is created Enable 2FA for more security

PocketBits Promo Offer

PocketBits is currently having a Promo Offer where you can Earn Free Bitcoins as per your purchase.

Who doesn’t like Free Bitcoins
  • Earn Free Bitcoins Worth 100 INR on a purchase of Rs.2000 or more.
  • Earn Free Bitcoins Worth 200 INR on a purchase of Rs.5000 or more.

There is no such PocketBits Promo Code available just go ahead and make your first transaction and you will receive it accordingly


How to Buy Bitcoins on PocketBits?

1.) First of all, Open PocketBits Dashboard.

Now as you can see there are 2 wallets one is the normal Bitcoin Wallet where as the other is the INR Wallet. Bitcoin Wallet is just like any other Bitcoin Wallet. INR Wallet is like your PocketBits Wallet where you’ve deposited or withdrawn funds from PocketBits.

2.) Click on the Deposit Button from INR Wallet.

3.) Next, you’ll be able to see the Bank Details just pay the Payment via IMPS, NEFT or RTGS.

4.) Once you’re done with Payment just Enter the Amount and the Reference No. along with the Payment Method.

This will just add funds to your INR Wallet. Now once you have funds in your INR Wallet you’re ready to Buy Bitcoins.

5.) Click on Buy BTC from Dashboard.

6.) Now just Enter the Amount in BTC or in INR and click on Buy Bitcoins.

Voila! Your transaction will be processed and you shall receive your Bitcoins within 59 minutes

How to Sell Bitcoins on PocketBits?

1.) First of all, Open PocketBits Dashboard.

2.) Now just Click on Sell BTC.

3.) Next, Enter the Amount in BTC or in INR and click on Sell Bitcoins.

This will automatically Sell your Bitcoins and now you will have the equal amount of balance in your INR Wallet.

Once you have received funds in your INR Wallet you can Instantly redeem your funds to Bank Account.

4.) Click on Withdraw Option in INR Wallet from Dashboard.

5.) Enter the Amount in INR you wish to withdraw in your Bank Account and then Click on Submit.

Voila! Your transaction will be processed and you shall receive your Bitcoins within 59 minutes

PocketBits Extra Features

Apart from Buying and Selling of Bitcoins you can also Shop with Bitcoins on PocketBits and many more features are available

Shop Online with Bitcoins

Shopping with Bitcoins?

Yes! It’s possible with PocketBits and this How you can also Shop Online with PocketBits

1.) Find the product you want to buy.

2.) Send your payment to PocketBits.

3.) Get your product delivered to your door.


Conclusion

In conclusion, PocketBits very good and as their services are very fast in terms of verifications, transactions, etc.

PocketBits is 24/7 active and the support is just Amazing

They are soon going to add direct Netbanking Transactions as well.

I highly recommend you to Enable 2FA to secure your Account.


2.) Unocoin

What is Unocoin?

Unocoin is one of the India’s Trusted Bitcoin Company having more than 150,000 users. Buy and Sell Bitcoins in India from Unocoin. Apart from Buying and Selling Bitcoins, you can Send & Receive Bitcoins. It can also be used to do Prepaid/Postpaid Recharges. Unocoin can be accessed from the Website and Unocoin also has an Android & iOS App.

Unocoin is committed and has single-handedly driven the bitcoin awareness program in India. With a series of meet-ups, seminars, guest talks, college activities and other collaborations, the awareness of bitcoin in India has skyrocketed in the recent times. The effort put in by the team at Unocoin translates towards building a cashless Indian economy.

This was all about the What is Unocoin and in the further part, I will share more about that How to Registers, Buy/Sell Bitcoins in India and some more Unocoin Tips and Tricks.

How to Register on Unocoin?

1.) Register on Unocoin from here.

2.) Next, Enter your Email Address and Password.

3.) Verify your Email & Mobile Number.

The Registration process is simple just like registering on any Website but now the next step is to Verify your Unocoin Account because if you don’t have a verified Unocoin Account you cannot buy, sell, send, receive bitcoins or any features. So I highly suggest you Verify your Unocoin Account to use Unocoin Services.

How to Verify Unocoin Account?

Verification Process on Unocoin is also simple and it may only 3-5 working days.

Documents Needed:


  1. Pan Card
  2. Aadhar Card
  3. Photo Copy of Yourself


While submitting all these documents make sure all are having good quality and they are following their guidelines. If you need to scan any document then use the Camscanner App which is one the Best Free Mobile Scanning App.

Pro Tip: If you need to scan any document then use the Camscanner App which is one the Best Free Mobile Scanning App.

After your Unocoin Account Verification, you can daily Trade maximum of 20 Bitcoins only.

How to Buy Bitcoins in India from Unocoin

In Unocoin there are basically 2 different Wallets one is the INR Wallet and another is Bitcoin Wallet.

To Buy Bitcoins from Unocoin you’ll need to Add Funds in your INR Account and then later use that to Buy Bitcoins.

Payment Methods:


  • INR Wallet
  • Payumoney Balance (Additional 1.9% processing fee applies)
  • Netbanking ( Additional 1.9% processing fee applies)


Payment Instructions:

You may maintain an INR balance in your Unocoin account which you may use to buy bitcoin instantaneously. Complete the form above before you transfer INR to our bank account. We do not accept cash deposits and you will need to use NEFT/RTGS/IMPS from your registered bank account only. Once you transfer INR, come back to this page and update the REFERENCE NUMBER of your transfer against the deposit order you created. Once we receive INR into our bank account, your DEPOSIT order will be processed in 3-4 working hours but may take up to 24 hours. Our processing hours is between 10 AM to 7 PM on weekdays (Mon-Sat).

We can only hold your INR in your INR wallet for up to 90 days. If you do not completely use your INR balance within 90 days, we will refund the remaining balance back to your bank account. We have limits on the amount of INR you may hold in your INR balance. We have accounts with State Bank of India to which you may send INR payments.

Now that you’ve successfully added funds to your INR Wallet now you can easily Buy Bitcoins

1.) Open Unocoin Dashboard.

2.) Click on Buy Bitcoin.

Note: This is just for example price rates, transaction fees, etc will differ from time to time

3.) Now Enter the Number of Bitcoins you want to purchase or you can also Enter a Specific Value such as 50,000 INR to Purchase and it will be converted into Bitcoins.

You will be charged Rs.1978 as Transaction Fees and Rs.297 as Taxes. (1% Transaction Fees)

You can use the Payment Methods mentioned above such as INR Balance, Payumoney Balance & Netbanking.

How to Sell Bitcoins in India from Unocoin

1.) Open Unocoin Dashboard.

2.) Click on Sell Bitcoins.

Note: This is just for example price rates, transaction fees, etc will differ from time to time

3.) Now Enter the Number of Bitcoins you want to Sell or you can also Enter a Specific Value such as 1,000 INR to Sell and it will be converted into Bitcoins.

You will be charged Rs.10 as Transaction Fees and Rs.2 as Taxes. (1% Transaction Fees)

To Receive your Payments you can either add it your INR Wallet or you can also send it to your Bank Account.

How to Secure your Unocoin Account?

1.) Click on Security Option from Left Menu.

2.) Click on 2Fact Auth (Enable Secondary Password (Google Authenticator))

3.) Click on Enable

4.) Now just Install the Google Authenticator App on Device.

5.) Next, Click on Activate and Scan the Barcode or Enter it in the Google Authenticator App.

Now, whenever you have to Login on Unocoin yo have to Enter the Secondary Password from Google Authenticator App

Unocoin Extra Features

Unocoin has really Cool Extra Features such as:


  1. Recharge
  2. Top-ups
  3. OTC (Over the Counter)
  4. SBP (Systematic Buying Plan)
  5. Auto Sell
  6. Altcoin to Bitcoin
  7. Netki
  8. Unocoin App

Unocoin Refer & Earn

Unocoin has recently started a New Referral Program on their App where you can Free Paytm Cash of Rs.10 for Each Referral.

Apart from Rs.10 Paytm Cash, you can also Earn 15% of their Transaction Fees forever.

Terms & Conditions


  • Unocoin reserves the right to change or cancel the referral scheme anytime.
  • Referral money is always paid in bitcoin (considering the average price of buy and sell at the time of order processing).
  • Only verified members are allowed to refer friends to Unocoin.
  • As your referral money is paid as a gift there are no TDS deductions and you will be responsible for your taxes if any.
  • Referral bonus is subject to change with the availability of offer with the third party.


Unocoin Alternative

Currently, Zebpay, PocketBits, Coinsecure is one the Best Unocoin Alternative but there are many Unocoin Alternative such as Coinmama, Localbitcoins.

Conclusion of Unocoin Review

According to me, Unocoin is one of the Best Bitcoin Companies in India having all the features like buy/sell, send/receive, recharges/topups, etc.

I hope you found this post helpful a

If you found this PocketBits & Unocoin Review Helpful then do share it with your friends and help them also to understand more about Bitcoins.

content source: quora