We all want that we live a comfortable and healthy life, but for this money is necessary. To earn money, if someone is following his passion, then according to his interest, he is trying to reach that target by setting a target.
But to become rich, earning money is not enough, but you also have to invest better. A good investor invests in every sector according to his knowledge and gets good returns. Apart from the stock market, Cryptocurrency is also a great option for investment.
In today’s time no one knows about Crypto Currency or not, but everyone has heard the name of Bitcoin. The price of Bitcoin had risen quite rapidly in the last few years and later became stable and some time back it has seen a bounce back.
What is bitcoin?
Way the rupee and the dollar are a kind of currency in the same way Bitcoin ( Bitcoin ) is a type of digital currency. Bitcoins are slightly different from the rest of the currency. Being virtual means that we can neither see nor touch it.
But we can use it the way we pay money in a wallet like PayTm or PhonePe. The price of crypto currency keeps decreasing and increasing due to which it is also a great option for investment.
Bitcoins can be saved and stored in an online wallet via the Internet. It can be counted, spent and transaction checks can be done only through wallet. Bitcoin was invented by Satoshi Nakamoto in 2009 and today it is the world’s largest and most expensive cryptocurrency.
Due to the investment in bitcoin, many people have changed their lives because its value suddenly went from very low to very high.
Bitcoin can be seen as a Decentralized Currency , that is, no one has control over it. Neither any bank of any country has authority over bitcoin nor any other private institution.
Use of bitcoin and other crypto currency is also banned in many countries but bitcoin can be transacted in India. Bitcoins can be sent directly from one wallet to another wallet. The value of bitcoin keeps on increasing and currently the price of bitcoin is more than 20 lakh rupees.
Bitcoin usage
Bitcoin is a cryptocurrency that we can use in many ways. The biggest use of cryptocurrency is currently that it can be invested like a stock market because its prices keep fluctuating.
But apart from this, there are some uses of bitcoin, which are as follows:
- Online shopping can be done through bitcoins.
- You can use bitcoin for national and international payments.
- Through bitcoin you can also buy other crypto currency, that is, you can exchange.
- By selling bitcoins, you can receive money directly in your bank account.
Technology behind bitcoin
A lot of people want to invest in bitcoin. But in this fast growing digital world, even today, the prodigal people are afraid of digital investment. The main reason for this is that they do not understand the technology behind it.
If you want to invest in cryptocurrency or bitcoin, then you need to understand the technology behind it. Bitcoins are completely based on Blockchain technology.
Blockchain technologies are a type of Open Source digital technology. Blockchain is considered a type of Digital Ledger. Ledger can be considered as a type of record where debit and credit transactions are posted. Understanding blockchain in simple language, it is a digital book where transactions of debit and credit are recorded.
Bitcoin records are also recorded through blockchain technology. This shows that where and how much transaction was done. This technology was also invented by Satoshi Nakamoto with bitcoin, on which today hundreds of cryptocurrencies rest.
How to make money by investing in bitcoin?
Investing in bitcoin is exactly like investing in the stock market. Bitcoin is illegal in many countries, but in India money can be earned from legally bitcoins. The value of bitcoin keeps on fluctuating.
Like, a month ago, the price of bitcoin was 18 lakhs and a 20 lakh rupees. Maybe next month, the price of bitcoin may be 25 lakhs or it may go back to 18 lakhs.
Investments in bitcoin can also be considered like investing in the stock market or in real estate, but it is a bit unpredictable.
How to buy bitcoin?
To buy bitcoins in India, you have to create an account on a reliable wallet and verify it. After that you will be able to buy bitcoins directly through Debit Card, Net Banking, Credit Card etc.
The way you can buy stocks in today’s time with the help of trading websites and apps, in the same way, bitcoins can be bought easily. Currently the most reliable websites / apps for buying bitcoins are Unocoin, Zebpay and CoinSecure etc.
1. How to buy bitcoin from Unocoin
Unincoin is considered to be the best option for buying bitcoins in today’s time. By creating an account on Unocoin, you can easily buy and sell bitcoins. With the help of Unocoin Wallet, you can buy bitcoins with zero percent payment fees.
With the help of Unincoin, you can buy and sell bitcoins at any time, that is, with the help of this wallet, you can also invest long term in bitcoins and can also buy and sell instantly. With the help of Unincoin, you can also trade on bitcoin like the stock market.
2. How to buy bitcoins from Zebpay
Zebpay is an easy-to-use platform that you will learn very quickly. Creating an account on Zebpay is very easy. To create an account on Zebpay you will have to get KYC done and upload some common documents like PAN card etc.
With Zebpay you can not only buy and sell bitcoins, but you can also do mobile recharge, DTH recharge, online shopping etc. Zebpay’s app is also available on the Play Store, so that you can easily transact bitcoins from your smartphone.
3. How to buy bitcoins from CoinSecure
CoinSecure is an Indian startup started in Delhi. CoinSecure is an on-chain and off-chain wallet service. In CoinSecure, you have to pay 0.3 percent charge on bitcoin exchange . You can easily buy and sell bitcoins on CoinSecure. Started in 2015, this startup has now become a big company.
You can also trade bitcoins with the help of CoinSecure. CoinSecure is one of the most reliable platforms for buying bitcoins in India at the moment. With CoinSecure you can also buy bitcoins from Indian wallets such as PayTm and Mobikwik etc.
what did you learn today
I hope you have liked this article about how to buy bitcoin. It has always been my endeavor to provide complete information to the readers about the future of bitcoin so that there is no need to search in reference to that article on any other sites or internet.
Also Read This – What is bitcoin, how does it work and how can it be earned?
