Step 1: Choose a Trusted Crypto Exchange

Pick an Indian or global exchange that:

• Supports INR deposits and withdrawals

   

• Is RBI-compliant and follows KYC/AML rules

   

• Has strong user reviews, liquidity, and support

   

 Popular crypto exchanges in India:

• WazirX

   

• CoinDCX

   

• ZebPay

   

• CoinSwitch Kuber

   

• Binance (global, widely used in India)

   

Step 2: Complete KYC Verification

To comply with Indian regulations, KYC (Know Your Customer) is mandatory.

You’ll need to upload:

• PAN card

   

• Aadhaar card or Passport

   

• Selfie/photo verification

   

This process usually takes a few minutes to a few hours.

Step 3: Deposit INR Funds into Your Account

Most Indian exchanges allow these payment options:

• UPI

   

• Bank Transfer (IMPS/NEFT/RTGS)

   

• Credit/Debit Cards (limited)

   

• Wallets (like Mobikwik, sometimes)

   

💡 Pro Tip: Use UPI or IMPS for fast and low-cost transfers.

Step 4: Choose the Cryptocurrency You Want to Buy

Begin with top, relatively safer coins:

• Bitcoin (BTC)

   

• Ethereum (ETH)

   

• Polygon (MATIC) – made by Indian developers

   

• Tether (USDT) – stablecoin to hedge volatility

   

Most apps show:

• Live market prices

   

• Price history

   

• Buy/Sell options in INR

   

Step 5: Place a Buy Order

You can:

• Buy instantly at the market rate

   

• Or place a limit order (buy at a target price)

   

Example:

• Want to buy ₹1,000 worth of Bitcoin

   

• Enter amount → Confirm → You now own crypto!

   

Step 6: Store Your Crypto Securely

🔐 Storage options:

• In-app wallet: Easy but less secure for large amounts

   

• Private wallet (non-custodial): Apps like MetaMask, Trust Wallet

   

• Hardware wallet: Best for long-term storage (e.g., Ledger, Trezor)

   

🛡️ Always enable 2FA, set strong passwords, and avoid sharing login info.

Step 7: Track, Sell, or Stake

After purchase, you can:

• Track prices in the app

   

• Sell anytime (24/7)

   

• Staking: Earn passive rewards on ETH, MATIC, etc.

   

• Convert into stablecoins to reduce exposure