How to Invest in Crypto in India? Step-by-Step CoinDCX Guide 2022
How to Invest in Crypto in India? Step-by-Step Guide
CoinDCX is the safest bitcoin exchange in India. Cryptocurrencies are known for their extreme security and the highest level of anonymity. Transactions made by this system can neither be reversed nor counterfeited.
The cryptocurrency has minimal fees, making it more reliable than the traditional currency in the market. You can directly connect your bank account with CoinDCX and buy bitcoin in India without any hesitation.
Follow the steps here:
How to Get Started with Investing in Bitcoin – CoinDCX
How can I register on CoinDCX?
1) Please visit the official website of CoinDCX and click on the Register button at the top right.
2) On the registration page, please follow the on-screen instructions and enter the email address and password used for your account. If you have been referred by a friend to register on CoinDCX, be sure to fill in the referral ID (optional).
(Note: Password must be a combination of at least 1 uppercase, 1 lowercase, 1 number, and 8 characters)
3) After filling your data in Create an account. Click on the button.
4) We will now send a confirmation email to the address you specified. Please check your inbox to confirm your registration.
5) Once you have received the confirmation email, please click on the Confirm Email button to confirm your registration.
Note: For your own account security, be sure to enable two-factor authentication (2FA) after your first login. (Google 2FA or SMS 2FA).
How can I log in to my CoinDCX account?
Please visit the official website of CoinDCX: https://www.coindcx.com, and click the login button on the top right.
On the login page, fill in the login credentials. You will receive an OTP on your registered mobile number.
Note – If you are logging in for the first time then you will not receive OTP in your email. The OTP form is used to verify your phone number in your first login attempt.
Please enter OTP and click on [Sign In].
In order to complete the verification, we request you to upload the printout of the most recent self-attested bank statement with your signature and date.
Your name, IFSC code, and bank account number should be clearly visible in the bank statement. You can also upload a canceled check or an image of your passbook with the above details.
You will receive an email explaining the reason for your failure to verify your bank account. Please check the email and fulfill the requirements mentioned in the email.
How can I deposit INR to my CoinDCX account?
Log in by clicking the button at the top right of the home screen or directly at https://coindcx.com/login.
Click on “Funds” at the top right of the DCXtrade page.
You will see the option “Deposit in Wallet”.
If the bank account is not linked with the account then add the bank details.
Add Bank Account Details
The support team will verify the bank account within 24 hours and send you a confirmation email. Once your bank account is added, enter the amount you wish to deposit and agree to the terms and conditions. Click on Add Money.
Transfer the amount through IMPS or UPI and enter the reference ID sent to you via SMS. Click on Verify.
Deposit Bank Details
Note – Reference ID generally consists of 12 numeric digits. This header will be under UTR / UPI Transaction ID / IMPS Reference Number etc.
Confirm the details and after confirmation, your deposit request will be submitted. It can take up to 6 hours for the balance to show up on your INR wallet.
You can now visit the exchange at https://coindcx.com/insta/buy/btc
Input the amount you wish to buy for and click ‘BUY BTC’.
happy business! / HAPPY TRADING!