As of now, there is no way to directly buy bitcoins using Zebpay. However, there are a few workarounds that can be used to indirectly purchase the digital currency.
The first option is to use Zebpay to buy ethereum or Litecoin, and then convert those into bitcoins using an exchange like Shapeshift or Changelly.
The second option is to use a service like LocalBitcoins, which allows users to find others in their local area who are willing to sell bitcoins for cash. Once a trade is agreed upon, the bitcoins can be transferred to the buyer’s wallet and then converted into rupees using Zebpay.
While neither of these methods is ideal, they can be used to purchase bitcoins in India if no other options are available.
10 Related Question Answers Found
Can I Buy Bitcoin in India?
As of now, there is no official ban on Bitcoin in India. People are free to buy and sell Bitcoin, however, RBI has not given any directive to banks to process Bitcoin-related transactions. This means that people deal with Bitcoin at their own risk.
Can We Buy Bitcoin in India?
Yes, you can buy Bitcoin in India. There are a few things to keep in mind, however, before doing so. First, make sure that you are using a reputable exchange.
How Can I Buy Bitcoin in India?
When it comes to buying Bitcoin in India, there are a few things that you need to keep in mind. First and foremost, the Indian government has not yet legalized Bitcoin, which means that there is no official regulation surrounding its use. This can make it difficult to find a reliable and reputable exchange to buy Bitcoin from, as there are no guidelines in place to protect users.
Can I Invest in Bitcoin in India?
Yes, You Can Invest in Bitcoin in India
Bitcoin is one of the most popular and well-known cryptocurrencies that exist today. While it is still considered to be a relatively new asset, it has gained a lot of traction and interest from investors all over the world, including in India. The Indian government has not yet released any kind of regulation or statement regarding Bitcoin and other cryptocurrencies.
How Can I Buy Bitcoin From Coinbase in India?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Can I Buy Bitcoin Legally in India?
Since the Supreme Court’s ruling in 2018, cryptocurrencies like Bitcoin have been legal in India. However, there is still no clear regulatory framework around them. This has led to a lot of confusion about whether or not it is legal to buy and sell Bitcoin in India.
Can I Mine Bitcoin in India?
Yes, You can mine bitcoins in India. Although, there are some challenges which one might face while mining bitcoins in India. The first challenge is the cost of electricity.
Can I Convert Bitcoin to Cash in India?
The Indian government is still not sure about its stance on cryptocurrencies, but the good news is that you can convert your bitcoins to cash in India. There are a few ways to do this, and we’ll go over the most popular ones. One way to convert your bitcoins to cash is by using a bitcoin ATM.
Where I Can Buy Bitcoin in India?
Bitcoin is a cryptocurrency and a payment system invented by Satoshi Nakamoto. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.
Can I Buy Bitcoin in My Roth IRA?
Bitcoin has been on a tear lately. The digital currency hit an all-time high of $2,000 on May 25, and then topped $3,000 on June 11. As the price has surged, so has interest in buying Bitcoin.