What is Bitcoin?
A Bitcoin is a digital currency which doesn’t have any physical existence. It resides on your computer and you can use it like physical currency for online purchases. The Bitcoin is generated by lots of calculations which needs high-end computers to solve. If you solve the
problems related to Bitcoin transactions, you can get a small amount of bits for that. It is totally automatic and you just need a high-end computer because the calculations involved in the Bitcoins is too complicated for a normal computer. This is called Bitcoin mining. By
doing this you can earn free bitcoins! But yes, it needs a powerful computer and your electricity bill will be also very high!
What Is Zebpay
Zebpay is app-enabled bitcoin wallet provider headquartered in Singapore with IT office in, India.The company was founded by Mahin Gupta in late 2012 under the name
Buysellbitco.in same thought was came Harish chourasiya’s mind who has good knowledge in bitcoin business and is India’s first bitcoin exchange. Later it was rebranded to Zebpay in September 2014 adding two more partners – Saurabh Agrawal and Sandeep Goenka.
How To Buy Bitcoin Using Zebpay
There are many sites which allow you to buy/sell and trade on Bitcoins. These websites are normally operated with other currencies like dollars and pounds. So that is little problematic for Indian users. Zebpay is an android application which started this service in India.
It is a Bitcoin wallet and you can store your Bitcoins there.
You can buy, sell and trade on bitcoins just in 2-3 clicks. It’s super easy and hides all complexity in between. The service charges are also minimum and it is the best Bitcoin wallet in India as of now. We will discuss how to buy bitcoins through Zebpay android application.
- Download Zebpay application and install it on your mobile.
- Sign up using your correct details (Name same as PAN card).
- After registering, you have to verify your account by uploading PAN card photo and bank account details. This is necessary to proceed further.
- It takes around 1 business day to verify your account. You will get mail and SMS regarding same.
- After verification, you can purchase your first Bitcoins! Just go to “buy” section and enter the amount in rupees. The minimum amount is Rs. 1000. You can purchase Rs. 1000 worth of bitcoins depending upon the exchange rate.
- After confirming, you will get method to pay. You have to do either NEFT or IMPS to them. After transferring, just provide the transaction ID and your amount will be shown in your account within hours. It takes some time so be patient.
- After getting the bitcoins in your wallet, you can use it to sell, send, and purchase goods or vouchers.
- The application is very easy to use. You can manage your Bitcoins easily using Zebpay application.
SEE COMPLETE VIDEO HERE HOW CAN YOU BUY BITCOIN USING ZEBPAY IN HINDI