How to Buy Ethereum in India ?
Author : Rahul Kohali | Published On : 05 May 2021
After Bitcoin, Ethereum is the highly traded cryptocurrency. Buying Ethereum is not difficult in India as there are many crypto trading platforms available from where you can buy it. However, if you are looking to buy Ethereum in India then it's a bit difficult.
There are not many reliable and renowned exchanges available to do that. Leading Exchanges that offer Ethereum with INR are PCEX Member, Zebpay, and CoinDCX.
If you are looking to pay low on trading activities then PCEX Member is a suitable option for you because it levies zero maker and taker charges on spot trading along with the lowest trading fees. It is a user-friendly exchange platform where it gets really easy to buy Ethereum using INR/USD/USDT and the C2USD market.
There are several things that every aspiring Ethereum investor needs before starting the trade. First of all, A digital wallet, then personal identification documents, next is a secure and fast connection of the Internet, a method of payment, and an account at a cryptocurrency exchange are the usual requirements. Valid methods of payment using this path include bank accounts, debit/credit cards, UPID, net banking, etc.
For purchasing ETH one needs to follow the mentioned steps:
•Head over to PCEX Member to create an account
•Complete KYC and add your bank details from which you want to deposit funds.
•Deposit money in the account using UPID/ Debit Card/ Wallets and Net Banking.
•Go to the market page and select the cryptocurrency Ethereum.
•Select your coin pair, fill the required details, and click on the buy button.
•And the purchase has been done!
On the security front, this platform employs a 5 layers security model which leaves out just 1 in a billion chances of your account being compromised. Along with this, PCEX Member has a 2FA feature that protects users' accounts from being compromised. These unique features of PCEX Member make it a safe and secure crypto trading platform. Moreover, the exchange allows clients to cash out their coins in INR.