A Better Way to Trade and Exchange Cryptocurrency in India

Suppose you wish to invest in cryptocurrency in India. There are several ways that you can do so. You can mine Bitcoin or another crypto, by successfully adding a block of transactions to a blockchain. These chains will release a new coin periodically, and this is a way for people who are tech-savvy but don't have the funds to invest, to earn Bitcoin or another type of crypto.

Or, you can trade directly from one person to another, a process called peer-to-peer (P2P) trading. This can be through exchanging goods or services in return for cryptocurrency, or through a purchase using traditional currency like the INR in exchange for crypto.

However, investing through a reputable crypto exchange, like Rubix, is the most secure. These platforms let you buy and sell many types of currencies, and you know that you're trading with a trusted source. Plus, with 24/7 availability, you don't have to wait for a market to open or close to trade, letting you take advantage of favorable trading conditions.

Starting the trading process in India is fairly straightforward. Decide what kind of trader you are, and establish a budget. Many people recommend reading articles about the changing prices of cryptocurrency, and you may wish to watch the trades for a few days or weeks, before investing yourself. This way, you know what the high and low ranges are.

Next, set up your wallet, establishing a secure account to trade and store your cryptocurrency. You can transfer INR or other currency from your bank account into the wallet. Then, simply follow the exchange rates and purchase cryptocurrency just like you would any online purchase. You can sell your crypto at any time, as the markets are always open.

Converting bitcoin to cash or INR is simple. Log in to your account. Then, go to the withdrawal section and select the amount you wish to withdraw from your account. This can be transferred into your cold wallet, which you can then spend as you wish, or withdraw fiat currency to your bank.

Selling Bitcoin is fairly straightforward:
• Create an account on Rubix.
• Log in to the website, or download the mobile app and log in.
• Pick a trading pair between BTC and another fiat currency.
• Sell the Bitcoin when you wish.

• Sign in to your Rubix account.
• Pick the right trading pair.
• Enter the amount of BTC you want to sell.
• Review the exchange rate and confirm the transaction.

Opening a Rubix account in India is simple!

• Download the Rubix app.
• Enter your email address.
• Set a secure password.
• Verify your email.

You may be required to provide your address, and proof of address, once you have verified your account. This can be done by submitting your PAAN card, and then proof of address using your Aadhaar card, driving license, passport, or a utility bill dated within the last three months.