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What are the popular payment methods for buying BTC in India?

avatarKaplan ChavezDec 24, 2021 · 3 years ago3 answers

I am interested in buying BTC in India and I would like to know what are the popular payment methods available for this purpose. Can you provide me with some information on the popular payment methods for buying BTC in India?

What are the popular payment methods for buying BTC in India?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One of the popular payment methods for buying BTC in India is through bank transfers. Many cryptocurrency exchanges in India support bank transfers as a payment method. You can link your bank account to the exchange and transfer funds to buy BTC. This method is convenient and widely used by Indian users. However, it may take some time for the funds to be credited to your exchange account, depending on the bank's processing time.
  • avatarDec 24, 2021 · 3 years ago
    Another popular payment method for buying BTC in India is using UPI (Unified Payments Interface). UPI is a real-time payment system that allows users to instantly transfer funds between bank accounts. Many cryptocurrency exchanges in India have integrated UPI as a payment option, making it easy for users to buy BTC. With UPI, you can make quick and seamless transactions to purchase BTC.
  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, one of the popular payment methods for buying BTC in India is through debit or credit cards. We have partnered with leading payment processors to provide a secure and convenient way for users to buy BTC using their cards. Simply enter your card details and the desired amount of BTC, and the transaction will be processed instantly. This method is popular among users who prefer the convenience of card payments.