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These services make it as simple as possible to get your hands on some btc. With stringent verification measures, and a transparent process, paxful is one of the safest trading environments in the world. It is because bitcoin mining involves a lot of investment. It has asked the government to come up with cryptocurrency regulation policies. You can start with as low as rs 500 and buy a tiny portion of a bitcoin.
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Local indian exchanges are a thing, and many people seem to be ok using them, but it's probably a good idea to use an international exchange at the moment.
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About a couple of years ago, buying/selling bitcoin may have sounded like a tedious job, fit only for techies.
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It has asked the government to come up with cryptocurrency regulation policies. If you happened to buy bitcoin on december 17, 2017, the price was $20,000. A couple of years back, buying bitcoins in india was a little difficult. But india is opening up to bitcoin, and with over 5 million bitcoin hodlers, india is quickly becoming one of the biggest adopters of bitcoin. Indian traders can now use indian rupee from the bank account at bitcoin exchange to buy and sell cryptocurrency bitcoin.
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