How Can You Buy Bitcoin In INR On Binance?

About This Presentation
Title:

How Can You Buy Bitcoin In INR On Binance?

Description:

Binance is the world’s largest crypto exchange trusted by millions of users worldwide. Our platform has the option for Indian investors to buy and sell cryptocurrencies with INR. Follow the steps that are mentioned in the PPT to buy bitcoin with INR in India. – PowerPoint PPT presentation

Number of Views:8
Updated: 6 April 2022
Slides: 12
Provided by: KiranMehta

less

Transcript and Presenter's Notes

Title: How Can You Buy Bitcoin In INR On Binance?


1
How Can You Buy Bitcoin In INR On Binance?
2
  • Binance is the worlds largest crypto exchange
    trusted by millions of users worldwide. Our
    platform has the option for Indian investors to
    buy and sell cryptocurrencies with INR. Follow
    our steps below to buy bitcoin with INR in India.

3
STEP 1 Create your Binance Account
  • Sign up with Binance and fill in the required
    details like your email address or mobile phone
    number. Always remember to choose a strong
    password for your crypto wallet to ensure safety
    and security. You can also download the mobile
    phone application to make your Binance account.
    You can also protect your account with 2FA or
    two-factor authentication, providing an
    additional layer of security. Click on the
    Security option under the profile tab.

4
STEP 2 Complete your KYC verification
  • KYC (Know your customer) is the mandatory
    verification of a clients identity by a
    financial institution. The KYC process includes
    various documents that can be used to verify your
    identity such as a valid identification card,
    utility bills, and so on. Click on the profile
    tab, and then select the identification option
    from the dropdown menu.

5
STEP 3 Verify your identity
  • After entering your KYC details, click on the
    VERIFY button to start the verification process.
    Please note that the submitted documents should
    only be issued by the authorities of your
    nationality.

6
STEP 4 Complete the Verification
  • Confirm that the submitted details are accurate
    to get your KYC verification accepted. The
    verification process might take some time, after
    which your account will be ready for trading.
    Youll also have the option to switch from basic
    to advanced verification models.

7
STEP 5 Buy bitcoin in INR through Binance P2P
  • Binance P2P (Peer-to-peer exchange) is a
    marketplace where people can trade crypto
    directly with each other on their terms, in
    virtually any country. With more than 70 fiat
    currencies, the P2P marketplace makes it easy for
    Indian investors to buy and sell cryptocurrencies
    in INR.
  • To visit the marketplace, click on the wallet
    tab, and then the P2P option from the dropdown
    menu.

8
STEP 6 Fill in your requirements to buy bitcoin
  • Select BTC as the cryptocurrency to trade, and
    then the BUY option. Enter the amount you are
    willing to purchase with INR as the fiat
    currency. Select the payment option that you
    prefer among the various alternatives present.
    Click on the only show merchant ads option for
    a list of verified merchants by Binance along
    with the bitcoin to INR price, and their minimum
    and maximum limit of selling.

9
STEP 7 Purchasing bitcoin from merchants
  • After selecting the suitable merchant, click on
    the BUY BTC option and fill in the amount to
    purchase in your selected fiat currency.
  • After clicking on BUY BTC, you'll have a
    15-minute time frame to transfer the fund to the
    merchant through the payment option selected
    earlier. Make the payment, and then click
    Transferred, NEXT.

10
STEP 8 Receiving bitcoin from the merchant
  • The merchant will get a notification to transfer
    the amount of bitcoin bought into your account.
    You will receive your bitcoin within a few
    minutes from the merchant.

11

Thank You!
Write a Comment
User Comments (0)