1 / 7

How to Buy Bitcoins in India

If you are a beginner in the crypto world and you have no idea that how does it works. Check this presentation on Bitcoin that will help you understand what is Bitcoin and how to buy Bitcoin in India. Learn more at: https://wazirx.com/

izasetia
Download Presentation

How to Buy Bitcoins in India

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MMTC PAMP How to Buy Bitcoins in India? Making Gold the next big purchase or investment

  2. What do you mean by Bitcoins? • It is a cryptocurrency and digital payment system.  • Like any other currency but without the physical form. • You can use it for secure and instant transfer anywhere in the world.  • Bitcoin is also the first decentralized digital currency and not owned by any financial institution or government.

  3. What is the legal procedure for buying Bitcoins in India? • Get yourself KYC verified.  • For that, you need to have your PAN card and valid address proof. • Next, a bank account. Keep in mind that the PAN and bank account belongs to the same person.  • The verification process takes about 2-3 business days.

  4. Return you get from Bitcoins, are they Taxable? As per the Government of India, any return you obtain from investments, they are taxable. Keeping that in mind, yes you get taxed for Bitcoin investments as well. Up to 30% for short-term investments and around 20% for long terms (3 years).

  5. What are some other counterparts for Bitcoin? • You can easily find quite a big basket of cryptocurrencies similar to Bitcoin, some of them are: • Ethereum • Litecoin • Ripple • Tron

  6. From where can you buy Bitcoins? • There are several platforms where you can buy and sell Bitcoins and other digital currencies. However, one of the best platforms that you can trust in India is WazirX. Whether you are buying or selling ethereum, bitcoin, ripple or any other cryptocurrencies, this cryptocurrency exchange can be your best option because of the following features that the brand provides to its users. • Built by Blockchain Experts • Great Security • Instant KYC

  7. MMTC PAMP Thank you Making Gold the next big purchase or investment

More Related