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How to buy BTC with INR on KoinBX?

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KoinBX Crypto Exchange
How to buy BTC with INR on KoinBX?


To buy BTC with INR you should know what a Bitcoin is?


Bitcoin: An Overview

Developed in 2009, Bitcoin (BTC) is a decentralized digital currency. The identity of the person who invented bitcoin is still a mystery. A digital ledger known as "Blockchain Technology" is used to create, circulate, exchange, and store the cryptocurrency known as bitcoin. 


Bitcoin employs cryptographic communication to keep itself secure (both sender and receiver can see the content). The entire process of issuing bitcoins and processing bitcoin transactions is handled by networks. There are no actual bitcoins; instead, the public ledger just contains the balances of the transactions.


Why should I buy Bitcoin?

The desire for a high return on investment and a long-term store of value are two common reasons for investing in bitcoin. Bitcoin has a finite total Supply of 21 million, which is capped by a mathematical process, unlike fiat money. Due to its growing popularity, high demand, and finite supply, bitcoin prices are rising.


Conclusion

Buy BTC with INR methodology will be kept in a very safe crypto wallet when you purchase it from KoinBX. It provides cold storage to safeguard your money from internet hackers and performs various security audits to guarantee the protection of the assets of its 5 million+ global customers.   


Where can I buy bitcoin?

Koinbx offers a quick and straightforward option to purchase bitcoin on many exchanges. To purchase bitcoin, adhere to the guidelines below.


Step 1: Download the Koinbxr app for Android or iOS.

Step 2: Enter the necessary information, including your email address, first and last names, password, and phone number, to finish creating your portfolio.

Check your mobile device in step 3 and enter the OTP to confirm your account.

Step 4: Click the link supplied to your registered email address to activate your account.


Complete your KYC Verification in Step 5


Add your bank account in Step 6 (optional for NRIs)


Step 7: Select Bitcoin on a marketplace and begin investing.




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