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Buying Cryptocurrency in India

Ever since the Rupee currency crisis started in 2016, more Indians want to store their wealth and earnings in Bitcoin, Ethereum, alt-coins or any other national currency. When banks close ATM’s to cut costs, the Rupee is being devalued daily by the rest of the world and elections are plagued with cash-for-votes scandals it’s time to use crypto currency.

In April of 2018, the Reserve Bank of India has barred banks and financial institutions in India from transferring Indians money to crypto currency exchanges, so buying bitcoin and altcoins in India is becoming increasingly difficult. Lying to Indians about the Rupee’s value ever increasing will start to become more difficult for Indian banks as well.

Best Exchanges to Buy Crypto Currency in India

While the anonymous exchanges to buy bitcoin and crypto currencies are probably the best options currently. With the government pretending the rupee will be valuable in the future, crypto currency is a huge threat to their terrible economic policies that continue failing.

The Best Crypto Currency Exchanges for Buying and Trading in India currently are:

India Crypto ExchangesKnown ForPopular inKYCCurrencies
Credit Card / ExchangeEverywhere except USAYesEUR, USD, GBP, INRContinue
Large Global ExchangeAsiaYesAll National Currencies, BTC, AltsContinue
No KYC, Low Trading Fee'sGlobalUnder 2 BTC NoBTC, ETH, AltsContinue
Large Global ExchangeGlobalYesBTC, ETC, AltsContinue
Large Global ExchangeLatin America, Europe, UKYesUSD, EUR, GBP, INR, BTC, ETH, AltsContinue
P2P TradingGlobalNoBTC, ETH, AltsContinue
Credit Card / ExchangeAmerica's, Europe, AsiaYesGBP, USD, EUR, BTC, ETH, AltsContinue
anonymous gift card bitcoin sellingAnonymous PurchasesGlobalNoBTC, ETH, AltsContinue
Decentralized Anonymous ExchangeGlobalNoBTC, ETH, AltsContinue
buy bitcoin locallyPerson to Person TradesGlobalYes/NoBTC, ETH, AltsContinue
Zebpay crypto currencyExchange / TradingIndia, EuropeYesINR, EUR, GBPContinue

Bitcoin Groups

The bitcoin meetup group in Banglore appears to have a lot of bitcoin enthusiasts, many of whom, could probably sell bitcoin without the bank of India knowing about it. There are also the blockchain groups and private bitcoin group in Dehli and many others around the country for people to connect with sellers.

Paxful

Available worldwide, Paxful allows buyers of bitcoin to use any gift card to purchase crypto. From Amazon, Itunes, Prepaid credit cards to Western Union transfers, the peer to peer exchange is always selling bitcoin.

Paxful

Peer to Peer Bitcoin Buying and Selling

Paxful

Available Worldwide

Buy Bitcoin With Any Gift Card

CoinMama

Coinmama allows anyone around the world to buy up to $150 (₹10,100 Rupees) worth of Bitcoin with a credit card. No identification is required to upload if you are buying $150 or less at Coinmama. Customers WILL need a bitcoin wallet to have bitcoins sent to when purchasing them from Coinmama. They are just a seller of bitcoin, not an online wallet for storing crypto currency.

CoinMama

Anonymous Purchases Under $150

CoinMama

Worldwide Acceptance

Visa, MasterCard and Cash Accepted

Localbitcoins

Peer to Peer Bitcoin Buying and Selling

Localbitcoins

Available Worldwide

Cash, Bank Transfers and Wires

Bitcoin ATM in India

Anyone in Delhi can buy Bitcoin and Ethereum coins at 3M Car Care with their Bitcoin ATM. The ATM will not buy Bitcoin and fee’s are expected to be above the average of 7.5% on the Lamassu ATM. These are known to require the owner to turn on the identification requirement to buy bitcoin, they are shipped with that setting turned off.

Zebpay

India’s first Bitcoin exchange, Zebpay’s app for iOS and Android is used by over 250,000 people in India for buying bitcoin. The verification process requires customers to upload their PAN Card, bank details and Aadhaar details to transfer funds from an India bank account.

Zebpay

India’s Largest Exchange

Zebpay

Top India Exchange

Visa, MasterCard and Rupee Accepted

Bisq

Decentralized crypto currency exchanges are expected to become the standard for bitcoin and altcoin trading. Bisq is one of the first to launch accepting major banks and credit cards around the world for anonymous crypto currency purchases to people anywhere in the world.

Bisq

Anonymous Peer to Peer Crypto Trading

Bisq

Available Worldwide

No ID Required

Top Anonymous Crypto Currency Trading Platform

All of the anonymous exchanges  are open (and changing constantly) for crypto enthusiasts worldwide. The largest “trading” platform for anonymous bitcoin to altcoin trading currently in India is still Binance.

Transfer less than 2 bitcoin to your binance account and trade bitcoin and altcoins whenever you want. Transferring altcoins to and from a hardware wallet is simple and quick without the KYC process many trading platforms require.

Binance

Anonymous Trading Hundreds of Altcoins

Binance

Available Worldwide

No ID Required

Online Gambling in India

Note: We follow the India crypto currency changes because many Indians that enjoy online gambling are now using bitcoin and altcoins due to the difficulty depositing and withdrawing Rupee’s. For more information on that check the India Gambling Guide for the top sites Indians are playing poker, casino, sports betting. Unfortunately, we’ve only found 3 card rummy, no Paplu for bitcoin yet.

 

Crypto Gambling has information on bitcoin, altcoins and trading crypto currencies along with bitcoin poker, casino and sports betting sites available worldwide.