Ayorinde Ayodeji
In this article, I will show you how to buy crypto in India and how to use WazirX. The crypto space is constantly evolving despite it being an unregulated sector. We all know Bitcoin is the father of other cryptocurrencies and the most popular across the globe which was created in 2009.
When we talk of cryptocurrency we must mention or talk about Bitcoin, people are investing in BItcoin every day so we decided to help Indians learn how to buy cryptocurrencies and also learn how to use WazirX in trading crypto faster.
Why WazirX?
WazirX is among India’s crypto exchanges platform since 2017. It’s backed by Binance the world’s largest crypto exchange.
WazirX has its own App which can be downloaded for Mobile (IOS and Android) and also a PC client application. remember you must undergo the basic KYC process before you can start trading in Bitcoins.
It’s to know that you can buy and sell cryptocurrencies like Bitcoin, Ethereum, Ripple and others in India through a crypto exchange. A crypto exchange platform has lots of benefits and makes it easy to trade various crypto assets just like the stock exchange.
If you want to skip all the long stories you can consider watching the video below, so you learn how to buy and sell crypto using wazirX.
How to Buy Crypto in India and How to Use WazirX
Step 1: Account Creation and Verification
- Create an account with WazirX.
- Create a strong password
- After you have filled the form completely click on Sign Up to continue.
- Now check your email inbox for verification email. and tap verify email to complete your registration.
- Once done, proceed to the KYC verification process, select your country (India) from the list of options provided.
- Fill the KYC Verification.
Step 2: Deposit Funds into your Account
- Make a deposit into your fiat account, use the video above as reference to fund your account.
Step 3: Buy Cryptocurrencies
- Visit the Exchange tab to find the latest currencies listed for you to trade.
- Click on the one you wish to trade, it’s important to know their tickers like Bitcoin for BTC, Tron for TRX and lot more.
- You will find Buy and Sell option on your market section by scrolling down.
- After selecting Buy put in your desired price in INR and the amount will be generated in BTC.
- Now Hit the Place Buy Order. and wait for your order to be executed.
Thanks for reading this article, do share it with others and leave a comment if you have any issues with WazirX.
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