Cryptocurrency News

Do you want to invest in Cryptocurrency? Let’s know how to buy cryptocurrency?

How to buy Cryptocurrency: Buying cryptocurrency is not a big deal in today’s time, if you want to buy bitcoin, then today there are many options to buy bitcoin in India from where you can buy and sell bitcoin. We have told about Top 5 Crypto exchange app in an article, you can also get information from there which exchange will be right for you, so let’s talk about how to invest in cryptocurrency. Let’s talk about India’s well known crypto exchange WazirX.

How to Buy Bitcoin from Wazirx?

Step 1:- Login & Signup
To buy cryptocurrency from WazirX, you must first go to WazirX’s website or app and create an account in it. You will have some kind of interface to signup. In which you can signup by entering your e-mail ID and password.

Step 2:- Mobile Verification
Once your email is verified then the next step is to verify your mobile number. By going to the mobile number option, you have to enter your 10 digit Indian mobile number. After entering, you have to choose the option of send otp. Verification OTP You will get an OTP via SMS. After entering this OTP, you have to click on verify. So that your mobile number will be verified.

Step 3 – KYC Verification & Details
Once your email and mobile number have been verified then you will have to fill your details and upload the KYC documents for verification. For KYC, you have to upload your personal details such as Name, Date-of-Birth, Address, PAN Card, Aadhr Card (Driving License or Passport) details along with PAN Card and Aadhar Card photo with selfie.

Note: Before making the final submission, check everything once more, this reduces the chances of making a mistake.

After clicking on the Submit for verification button, your verification process starts in the backend. After submitting KYC, KYC approval will be received in 24 hours and then you will be able to buy currency like bitcoin, even if for some reason your account is not approved, you still get a mail with the reason for rejection. After reading which you can apply for verification again.

Step 4:- Add Money

After KYC is verified, for all the money you want to buy bitcoin, you have to click on fund on WazirX app and then click on deposit. Now you have to click on instant deposit and you can send the payment to the bank account of wazirX from your verified bank account in wazirX. Your money will come in wazirX as soon as you send payment, now you can buy bitcoin from them.

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