Buying Bitcoin in India is much easier than many think. It is as simple as picking an exchange, creating an account, depositing money and clicking "buy Bitcoin".
Review and compare the best cryptocurrency exchanges below to find the fastest and most secure way to make your first Bitcoin purchase in India. Buy Bitcoin Finder gives order placement preference to exchanges located in India, or exchanges that enable the smoothest verification for citizens of India.
WazirX is a Bitcoin and cryptocurrency exchange that is based in India and operated by Binance. They offer good liquidity, low fees and a strong range of cryptocurrencies to buy, sell and trade.
Although WazirX is a new exchange, they have quickly become popular in India due to their backing by major international exchange Binance.
Binance is arguably the world’s largest Bitcoin and cryptocurrency exchange. They offer the best platform for crypto to crypto trades if you are looking to boost your Bitcoin holdings and stack some satoshi’s.
Buy Bitcoin Finder recommends Binance as the best place to trade Bitcoin against other cryptocurrencies for the lowest fees and the deepest liquidity. Binance also offer a Bitcoin Futures trading platform with up to 125x leverage.
Coinmama allows users from any country around the world to buy Bitcoin, Ethereum and Chainlink using their exchange. They are one of the few exchanges that allow Credit Card and Debit Card purchased for Bitcoin and crypto using Visa and Mastercard.
If you are a customer in Europe, you can also buy Bitcoin with a SEPA transfer for a lower fee. Coinmama is an extremely private and secure option to invest in Bitcoin as they will send it to your personal Bitcoin wallet, as opposed to having the Bitcoin or cryptocurrency on a managed and less secure wallet on their platform.
Local Bitcoins is a decentralized exchange that acts as an escrow service to facilitate peer to peer buys and sells of Bitcoin by allowing users to list their own Bitcoin advertisements or trades.
Users can choose to meet and pay in person or online, making Local Bitcoins the most private way to buy Bitcoin. Local Bitcoins facilitates transactions in Australia, New Zealand, United Kingdom, United States, South Africa and virtually every other country around the world.
Huobi is an exchange that initially originated in China, however moved their headquarters to Singapore due to regulatory clarity. On Huobi, you can fund your Bitcoin and cryptocurrency accounts with a CNY bank transfer or USD transfer.
HodlHodl is a global peer to peer Bitcoin exchange, which only requires an email to register. Hodl Hodl have no KYC and are one of the most private exchanges to use alongside other peer to peer exchanges like LocalBitcoins.
You can find and compare the best cryptocurrency exchanges in India below. Get a detailed view of which Bitcoin exchange is the best fit for you in India.
We have also listed and compared the best Bitcoin Futures Trading exchanges in India, where you can trade Bitcoin with up to 125x leverage.
In India, the use of technology including blockchain and Bitcoin to fuel financial transaction in the growing digital economy has boomed significantly. Much of this growth has not gone unnoticed by India's key financial regulatory, the Reserve Bank of India (RBI), who has reacted to this growth favourably (for the most part).
Notably, in early 2018 - the RBI had taken a stance against Bitcoin and cryptocurrency by substantially banning/blocking usage of digital currencies in the country. They were able to do this by banning all RBI regulated entities, such as banks and other financial institutions, from dealing in virtual currencies.
The RBI gave a three-month notice period to all institutions in India to cease from dealing in Bitcoin and cryptocurrency.
In a landmark ruling, the Supreme Court of India struck down the above-mentioned ban on Bitcoin and cryptocurrencies by the RBI. The case was heard by the honourable Justices Rohinton Nairma, V Ramasubramanian and S Ravindra Bhat - who delivered the judgement on March 4 2020.
The Supreme Court of India ultimately held that the RBI's treatment of Bitcoin and cryptocurrency was disproportionate with respect to its complete blanket ban.
This decision has been key for the growth of Bitcoin in India, which has boomed in popularity since the landmark case.
The latest Bitcoin and cryptocurrency news from around the world.