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According to rbi, nobody regulates bitcoin and nobody is accoun.
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Bitcoin has so far not been declared illegal in india however, the reserve bank of india has time and again advised investors to exercise caution and refrain from dealing in bitcoins. In india, you can buy bitcoins from some trusted bitcoin apps. Unsurprisingly, major cities like new york, los angeles, chicago, houston, and atlanta all make the top 10 cities with probably the most crypto customers. How to buy bitcoin in india ndtv gadgets360 com. Buyucoin is one of the most secure and safest cryptocurrency exchange in india. In march 2021, the price of bitcoin rose to more than 60k, making up 45% of the total cryptocurrency market. What are the cons of investing in cryptocurrency in india? You can start a bitcoin investment by selecting an exchange to open an account, transfer money and use your money to buy bitcoins. Withdraw money to your bank account instantly. If you are looking for the best cryptocurrency exchange in india to buy bitcoin then there are only a few exchanges allowing deposit and withdrawal in rupee as well through peer to peer model. Like stock exchanges where buying and selling of shares happens, the same way cryptocurrency is a platform where one deals in trading of crypto assets such as bitcoins, ripples etc. I tried to start mining, but quickly realized my macbook pro's processing power wasn't sufficient to justify the time and energy it would take to get up and running. To name a few there is zebpay, unocoin, coinsecure etc.
