What are the popular payment methods for purchasing bitcoin in India?

4 answers

• Dec 17, 2021 · 3 years ago
  One of the popular payment methods for purchasing bitcoin in India is through bank transfers. Many cryptocurrency exchanges in India allow users to link their bank accounts and transfer funds directly to buy bitcoin. This method is convenient and widely used by Indian investors.
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• Dec 17, 2021 · 3 years ago
  Another popular payment method for purchasing bitcoin in India is through peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing them to negotiate the terms of the trade, including the payment method. Popular P2P trading platforms in India include LocalBitcoins and WazirX P2P.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, a popular payment method for purchasing bitcoin in India is through debit or credit card payments. Users can easily buy bitcoin using their debit or credit cards on the BYDFi platform. This method is convenient and provides instant access to bitcoin.
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• Dec 17, 2021 · 3 years ago
  In addition to bank transfers, P2P trading, and debit/credit card payments, other popular payment methods for purchasing bitcoin in India include digital wallets like Paytm and UPI (Unified Payments Interface). These digital payment methods are widely used in India and provide a seamless and quick way to buy bitcoin.
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