Buy Bitcoin in India on Binance
With Binance, people in India have multiple ways to buy Bitcoin and other cryptocurrencies. In this article, learn the main methods of doing so.
India is becoming an important market for crypto. Home to 1.3 billion people, the country has a fast-growing crypto and blockchain industry, and people have started exploring various uses for crypto, from trading crypto to online spending. We recognize this huge demand for crypto in the country, and we have made it easier for you to buy Bitcoin and other cryptocurrencies using Indian rupees (INR).
In this article, we’re sharing two of the easiest options for buying Bitcoin in India
Buy Bitcoin in India via Binance P2P
In April, Binance P2P added support for peer-to-peer buying and selling of Bitcoin, BNB, and other cryptocurrencies in exchange for Indian rupees (INR). You can find competitive rates from various crypto buyers and sellers already on the platform. You can also set your own rates and take advantage of the platform’s zero fees, as well as its easy-to-use ad posting feature, available on the Binance app.
Here’s how you can buy Bitcoin via Binance P2P.
Step 1: Open the Binance app. Select Buy with Cash then go to P2P.
Step 2: Choose the Buy tab and select the filter icon at the top-right part of your screen.
Step 3: Select the currency you’re using to buy the crypto. For Indian crypto buyers, please select INR. Then, tap Yes.
Step 4: Tap the BTC tab and choose the offer that works best for you. Complete the transaction by promptly completing the needed transfer of your Indian rupees to the available payment options.
It only takes minutes to complete P2P transactions, all done through your phone. In addition to Bitcoin, Indian users can also buy or sell USDT, BUSD, BNB, ETH, and EOS via Binance P2P for INR.
Buy Bitcoin in India via WazirX
In 2019, Binance acquired WazirX, India’s most trusted Bitcoin exchange to make crypto accessible to Indian users. We have made it even easier for you to buy Bitcoin and other crypto tokens on Binance using your INR. All you have to do is to connect your Binance and WazirX accounts. If you don’t have a WazirX account you can log in to WazirX with your existing Binance account and transfer USDT to Binance from WazirX and Buy/Sell Bitcoin and more. Please follow these steps to get started.
Already have a WazirX account? Connect your Binance and WazirX accounts with a few simple clicks.
Step 1: Log in to the Binance account
Step 2: On the home page, select Wallet from the top right part of the page, then choose WazirX Wallet.
Step 3: Click Connect WazirX on the pop-up window that shows up.
Step 4: Click Login via Binance on the webpage that shows after the previous step.
Step 5: Your email address on Binance will be used to access WazirX. Click Continue.
Existing Binance users who don’t have a WazirX account can visit Binance - WazirX wallet connect and select log in via Binance.
And you are done, it’s that simple.
Buy Bitcoin on Binance via WazirX USDT fund transfer
Step 1: Follow the above steps to Log in to your WazirX account.
Step 2: Buy USDT with Indian rupee on WazirX.
Step 3: Once you have bought USDT, go to Funds and select Transfer funds to Binance.
Step 4: Select USDT and enter the amount of USDT that you will send. Click Confirm Transfer.
Step 5: Complete your WazirX 2FA Authentication to finish the transfer.
Step 6: Receive your USDT on your Binance account. Then, use that USDT to buy Bitcoin and other cryptocurrencies of your choice, that’s it.
Regardless of which method you choose for buying Bitcoin, Binance is providing you with some of the best options in the Indian crypto market today. Shop around and find the best deal for you.
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