How to Buy Bitcoin in India

5. LocalBitcoins

You can have many options for purchasing Bitcoin in India. Instead of buying Bitcoin from another holder, it would be better to purchase through a centralized exchange, preferably through LocalBitcoins, a reputed marketplace. You don’t have to go through all the KYC procedures if you buy Bitcoins through a marketplace.  A bit of caution is significant while dealing with a marketplace, as it is vulnerable. So try to deal with a reputed marketplace with positive reviews. With LocalBitcoins you can have escrow service which covers some protection for your transaction.

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