February 9, 2023

How to buy and sell bitcoin?

How to buy and sell bitcoins:- We all want to live a comfortable and healthy life but for this it is necessary to have money. Some are following their passion to earn money, while some are trying to reach that target by setting a target according to their interest.

But to become rich it is not enough just to earn money but also to make the best investment. A good investor invests in every sector according to his knowledge and gets good returns. At present, apart from the stock market, Cryptocurrency is also a great option for investment .

In today’s time, whether anyone knows about Crypto Currency or not, but everyone has heard the name of Bitcoin. The price of bitcoin had increased very fast in the last few years and later became stable and just some time ago it has seen a bounce back.

By the way, apart from Bitcoin, there are many such Crypto Currency which get good returns, but hardly anyone gets stable and excellent returns like Bitcoin. If you also want to invest in crypto currency, then bitcoin can prove to be a great option.

In this article we will talk about ‘ What is bitcoin and how to buy bitcoin.

 

What is bitcoin?

The way Rupee and Dollar are a type of currency, in the same way Bitcoin is also a type of digital currency . Bitcoin is slightly different from the rest of the currency. Because of being virtual, we can neither see nor touch it.

But we can use it the way we do with the money present in a Wallet like PayTm or PhonePe. The price of crypto currency keeps decreasing and increasing due to which it is also a great option for investment.

Bitcoin can be saved and kept in an online wallet through the Internet. It can be counted, spent and transactions can be checked through the wallet itself. Bitcoin was invented by Satoshi Nakamoto in 2009 and today it is the world’s largest and most expensive cryptocurrency.

Investing in bitcoin has changed the lives of many people as its value suddenly went from very low to very high.

Bitcoin can be seen as a Decentralized Currency , that is, no one has any control over it. Neither any bank of any country has authority over bitcoin nor any other private institution.

The use of bitcoin and other crypto currency is also banned in many countries but bitcoin transactions can be done in India. Bitcoin can be sent directly from one wallet to another. The value of bitcoin keeps on decreasing and currently the price of bitcoin is more than 20 lakh rupees.

uses of bitcoin

Bitcoin is a cryptocurrency that we can use in many ways. The biggest use of cryptocurrency at present is that it can be invested in like the stock market because its price keeps on fluctuating.

But apart from this there are some uses of bitcoin, some of which are as follows:

  • Online shopping can be done through bitcoin.
  • You can use bitcoin for national and international payments.
  • Through bitcoin, you can also buy other crypto currency, that is, you can exchange it.
  • By selling bitcoin, you can get money directly in your bank account.

technology behind bitcoin

Many people want to invest in bitcoin. But in this rapidly moving digital world, even today doctors are afraid of digital investments. The main reason for this is that they do not understand the technology behind it.

If you want to invest in cryptocurrency or bitcoin, then you need to understand the technology behind it. Bitcoins are completely based on blockchain technology.

Blockchain technology is a type of open source digital technology . Blockchain is considered a type of Digital Ledger. Ledger can be considered as a type of record where debit and credit transactions are posted. If you understand blockchain in simple language, then it is a digital book where debit and credit transactions are recorded.

Bitcoin’s records are also recorded only through blockchain technology. From this it is known that where, to whom and how much transaction was done. This technology was also invented by Satoshi Nakamoto with bitcoin, on which hundreds of cryptocurrencies are based today.

How to earn money by investing in bitcoin?

Investing in bitcoin is just like investing in the stock market. Bitcoin is illegal in many countries but in India money can be earned from legal bitcoin. The value of bitcoin keeps on increasing and decreasing.

Like a month ago the price of bitcoin was 18 lakh and one is 20 lakh rupees. Maybe next month the price of bitcoin will be 25 lakhs or it will go back to 18 lakhs.

Investing in bitcoin can also be considered like investing in the stock market or real estate, but it is a bit more unpredictable.

How is bitcoin bought?

To buy bitcoin in India, you have to create an account on a trusted wallet and verify it. After that you will be able to buy bitcoin directly through Debit Card, Net Banking, Credit Card etc.

The way you can buy stocks in today’s time with the help of trading websites and apps, in the same way bitcoins can be bought easily. Currently the most reliable websites/apps to buy bitcoin are Wazirx , Unocoin, and Zebpay etc.

1. How to buy bitcoin from Wazirx

Wazirx is currently the most preferred and widely used cryptocurrency exchange in India. In this, anyone can easily buy and sell crypto currency. At the same time, its UI is quite cool and easy to use. At the same time, you get to see many new features in this too.

Features:
1. Accessible Across Platforms – You can access WazirX trading platform on many different platforms. Then whether it is Web, Android smartphones, Apple iOS mobiles, Windows and Mac systems.

2. Range of Cryptocurrency – In this you can trade in around 100+ cryptocurrencies pair with USDT. USDT is actually a Tether USD currency which is backed 1:1 by US dollars.

3. Speed ​​Transaction – Their platform is very stable and it has the ability to smoothly handle transactions running into crores.

how to buy

If you want to buy Bitcoin or any other crypto currency, then you can buy it by visiting Wazirx ‘s website.

Note : If you ask for Referral Code, then definitely use ” x62d4j95 “. You will definitely get 50% Cashback.

2. How to buy bitcoin from Unocoin

Unocoin is considered to be the best option to buy bitcoin in today’s time. You can easily buy and sell bitcoins by creating an account on Unocoin. With the help of Unocoin Wallet, you can buy bitcoin with zero percent payment fees.

With the help of Unocoin, you can buy and sell bitcoins anytime, that is, with the help of this wallet, you can make long-term investments in bitcoins and can also buy and sell them immediately. With the help of Unocoin, you can also trade on bitcoin like the stock market.

Note : – If you ask for Referral Code, then definitely use “ U124697 ” so that you can easily get Rs.200/- bitcoin.

3. How to buy bitcoin from Zebpay

Zebpay is an easy-to-use platform that you will learn to use very quickly. Creating an account on Zebpay is very easy. To create an account on Zebpay, you will have to get KYC done and upload some common documents like PAN card etc.

With Zebpay you can not only buy and sell bitcoins but also do mobile recharge, DTH recharge, online shopping etc. Zebpay’s app is also available on the Play Store, so that you can easily do bitcoin transactions from your smartphone.

Note : – If you ask for Referral Code, then do use “ REF77839482 ” so that you can easily get Rs.100/- bitcoin.

How to sell bitcoin?

Selling bitcoin is as easy as buying it. Why only bitcoin, if you want, you can buy and sell any crypto currency. In such a case the best exchange is “ Wazirx ”. I use it and encourage everyone to use it.

This is because this exchange is very trustworthy and its founder is also an Indian. They have been doing great work for the last several years and will continue to do so.

Which country does bitcoin belong to?

Bitcoin is a decentralized asset, so it does not belong to any country. But yes, it is said by bitcoin experts that bitcoin originated from Japan.

Tell me how to buy and sell bitcoin?

Use Coinswitch Kuber  &  Wazirx  app to buy and sell bitcoin  .

what did you learn today

I hope you must have liked this article of mine on how to buy bitcoin . It has always been my endeavor to provide complete information about the future of bitcoin to the readers so that they do not have to search any other sites or internet in the context of that article.

This will also save their time and they will get all the information in one place. If you have any doubts regarding this article or you want that there should be some improvement in it, then for this you can write comments below.

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