How to Buy Ethereum in India?
Hello Friends in this post we are going to tell you.
How to Buy Ethereum in India
But first we have to know about some Ethereum Lets, Start :
What is Ethereum?
Etherum is another type of crypto-currencies just like Bitcoin. It is an open-source free digital, virtual currency. Etherum offers EVM, where anyone can build apps. It is used for trading, codify and for money exchange. In the month of July 2017 price of Ethereum was just 151 dollars but now it is increased to 475 dollars. So it is a good investment for future. A company like Microsoft and IBM already investing and believing in Ethereum as the strongest cryptocurrency.
Traders believe that at the mid of 2018, the price of Ethereum will reach to 1000 dollars, so investing for one year will surely give you very much high return as a back.
Is Ethereum is legal in India?
Yes, Ethereum is legal in India and it is not banned.
But there is the difference in between legal and authorized by the government.just like Bitcoin Ethereum also not regulated by Indian central bank i.e RBI. You can invest in any cryptocurrency but it is your risk.
Indian government planning to create a regulation on cryptocurrencies. Many people already investing in Ethereum and it gives big return compare to other investing plans. So it is upon you, tell me in the comment section would you like to buy Ethereum if you live in India?
How To Buy Ethereum in India?
As bitcoin is becoming very famous day by day, Ethereum becomes second largest popular cryptocurrency In the world. Like other traders, I also believe that Ethereum will beat Bitcoin because Bitcoin only used for payment but we can use Ethereum for any purpose like for programming, computing and mainly for payment.
There are many ways to buy Ethereum in India but they are not as fast as which are mention below.
personally which site I use for buying Ethereum is KOINEX. It is most trusted and secure site for buying Ethereum. KOINEX launched in AUG 2017, which is the NO.1 marketplace for buying Ethereum in India. It not only allows you to buy Ethereum but also allow to trade in Ethereum.
Features of Koinex
- Fast login and simple user interface with simple user navigation.
- Allow to buy and sell Ethereum with 24*7 support service.
- KOINEX also allows you to store your Ethereum by providing free wallet.
- If you want to invest a small amount of money then this site is for you. You can try.
Buying Ethereum with other cryptocurrencies
If you have Bitcoin, litecoin, dogecoin or any other cryptocurrency then you can exchange this currency with Ethereum using shapeshift and CHANGELLY .
For complete step for exchanging with other cryptocurrencies, you can read CHANGELLY posts.
So this is some way to buy Ethereum in India. If you ask me then I will suggest you go with Koinex but the site is currently on hold and in beta version. so go with CHANGELLY is also a good option if you interested in exchanging.