Many of you guys have been looking at the high fluctuations in the Bitcoin Rates and Many of you may be wandering How to invest in Bitcoin?
I have received many messages to publish an article on this topic through live chats, so here it is!
First of all, if you haven't read my article on Bitcoin, click here.
There are many websites available for buy/sell of bitcoin, but the most trusted, secured wallets in India are Zebpay and Unocoin.
I personally prefer Zebpay over Unocoin; as Unocoin has huge price difference between selling price and buying price.
So, without wasting time, let's get started.
1. Download Zebpay , click here.
2. After downloading, simply allow all the permissions and click "Skip".
3. Enter Your Phone Number and confirm it by OTP.
4. Next you have to upload your details like 'Email', 'Pan Card', 'Bank Account' and 'Adhar Card'.
5. Within next 3 to 4 working days, your account will get verified.
(*If all entered details are correct then only.)
Express Transfer (Kotak Bank Only)
If you go have a Kotak 811 account, then it would be best;if not click here.
Using Kotak account, will unlock an option called "Express Transfer", by using Express Transfer you will get money deposited in your accounts within 2 hours; also the minimum amount to transfer in Express Transfer is Rs.21 (Twenty One Only), so it would be great for students who are willing to invest small amount of money or for all those people who believe in Invest-In-Parts.
Normal Transfer (All Banks)
Normal Transfer can be done using NEFT/ RTGS / IMPS .
Here, you have to open your net banking and add Zebpay Bank Account Details as your benificiary.
Then in Zebpay Enter the amount you want to deposit in Zebpay Wallet.
Here I am explaining this with minimum deposit amount that is Rs.5000 (Five Thousand Only).
On the next page you will get Zebpay Bank Details, deposit money online using NEFT / RTGS / IMPS.
Click Next after completing the transaction from your bank account.
On the next page, You have to Enter Details of Your Transaction from bank statement (you can even see this in your Net banking > Mini Statement) or You can submit the screenshot from your bank application or Net Banking Transaction.
And, sit back and relax for next 24-72 hours, it will be credited in your Zebpay Wallet.
I have received many messages to publish an article on this topic through live chats, so here it is!
First of all, if you haven't read my article on Bitcoin, click here.
There are many websites available for buy/sell of bitcoin, but the most trusted, secured wallets in India are Zebpay and Unocoin.
I personally prefer Zebpay over Unocoin; as Unocoin has huge price difference between selling price and buying price.
So, without wasting time, let's get started.
Setting up Zebpay Account
Steps :1. Download Zebpay , click here.
2. After downloading, simply allow all the permissions and click "Skip".
3. Enter Your Phone Number and confirm it by OTP.
4. Next you have to upload your details like 'Email', 'Pan Card', 'Bank Account' and 'Adhar Card'.
5. Within next 3 to 4 working days, your account will get verified.
(*If all entered details are correct then only.)
How to deposit Money In Zebpay?
Note : Deposit money in Zebpay only from the bank account which details you had given during registration; If you deposit any amount from any other bank (apart from the one which details you had given during registration) your amount will be refunded to that account deducting a penalty of Rs. 250 ; So it's strictly recommended to deposit and use only that account whose details you have given during registration.
If you go have a Kotak 811 account, then it would be best;if not click here.
Using Kotak account, will unlock an option called "Express Transfer", by using Express Transfer you will get money deposited in your accounts within 2 hours; also the minimum amount to transfer in Express Transfer is Rs.21 (Twenty One Only), so it would be great for students who are willing to invest small amount of money or for all those people who believe in Invest-In-Parts.
Normal Transfer (All Banks)
Normal Transfer can be done using NEFT/ RTGS / IMPS .
Here, you have to open your net banking and add Zebpay Bank Account Details as your benificiary.
Then in Zebpay Enter the amount you want to deposit in Zebpay Wallet.
Here I am explaining this with minimum deposit amount that is Rs.5000 (Five Thousand Only).
On the next page you will get Zebpay Bank Details, deposit money online using NEFT / RTGS / IMPS.
Click Next after completing the transaction from your bank account.
On the next page, You have to Enter Details of Your Transaction from bank statement (you can even see this in your Net banking > Mini Statement) or You can submit the screenshot from your bank application or Net Banking Transaction.
And, sit back and relax for next 24-72 hours, it will be credited in your Zebpay Wallet.
How to buy Bitcoin from Zebpay Wallet?
After you deposit money in Zebpay, click on "Buy".
Enter the amount in Rupees; and click "Buy".
Done, Bitcoins will be credited instantly into your Zebpay Account.
How to sell Bitcoin from Zebpay Wallet?
Once you have Bitcoins in your Zebpay Wallet and you want to sell it click on "Sell".
Enter the amount, you want to sell and if you want to sell the complete amount of bitcoin in your wallet, click on "Sell All".
Done, Bitcoins will be deducted from your wallet and money will be credited instantly in your Zebpay Wallet.
How to Withdraw Money from Bitcoin Wallet?
Since, my wallet balance is ZERO, it can't be withdrawn.
After you sell your bitcoin, there will be some amount at 1,click on withdraw and it will be credited to your bank account within 72 working hours.
*(Rs.10 {TEN ONLY} will be deducted on every withdrawal transaction).
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Some other features of Zebpay
a. Bid : Here, you can buy bitcoins at your desired rates and deal is done if someone is selling at same rates as you expected.
b. Ask : Here, you can sell bitcoins at your desired rates and deal is done if someone is buying at same rates as you expected.
c. Receive : Here, you can receive Bitcoins to your wallet by sharing your Bitcoin Address.
d. Send : Here, you can send Bitcoins to anyone on their Bitcoin Address.
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Hope, I have cleared all your doubts regarding Buying/Selling of Bitcoins and explained most of functions of Zebpay.
If any website owner wants to copy this article, feel free to contact me at admin@itechfun.com
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