Need help to invest in Crypto currency

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sanjeev.nttd...
How to Invest in Cryptocurrency? please guide for beginners
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Open account with a broker/exchange …like wazirx/bitbns/coinswitchkuber,etc…do ur kyc, verify bank account, load money and make a purchase of any coin/token…. Simple.
U can take referral of exchanges if u want.

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kartikxxx wrote:

Open account with a broker/exchange …like wazirx/bitbns/coinswitchkuber,etc…do ur kyc, verify bank account, load money and make a purchase of any coin/token…. Simple.
U can take referral of exchanges if u want.

These exchanges not allowing to load money easily

and wazirx charging exorbitant fees if added from mobikwik..

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there was one dimer who was going to mine crypto?anyone remembers who was that?

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I don’t know anything about cryptocurrency, how it works?, how much we need to invest initially? many more questions like that…

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geni wrote:

These exchanges not allowing to load money easily

and wazirx charging exorbitant fees if added from mobikwik..

Yes..I never recommend local exchanges for bitcoin trading..Just too many restrictions..

The PostMighty The PostMighty
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kartikxxx wrote:

Open account with a broker/exchange …like wazirx/bitbns/coinswitchkuber,etc…do ur kyc, verify bank account, load money and make a purchase of any coin/token…. Simple.
U can take referral of exchanges if u want.

I’d recommend to stay away from bitbns , haven’t had a good experience with them

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sanjeev.nttdata1420 wrote:

I don’t know anything about cryptocurrency, how it works?, how much we need to invest initially? many more questions like that…

Refer youtube or simply start with google
Searching for anything+crypto will start giving you recommendation to begin with understanding it
This topic can’t be explained in few messages, you need to dig into that

As far as for initial investment you can start with min 100Rs on many exchanges

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I hope this enthusiasm didn’t come from 1ooo₹ ka 2.4crore in 1 day news

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Tanmayyy wrote:

I’d recommend to stay away from bitbns , haven’t had a good experience with them

Share ur experience, as i have better experience with bitbns than wazirx.

The PostMighty The PostMighty
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kartikxxx wrote:

Never used wazirx, bitbns customer support is super incompetent. They frequently change their bank account details which is always registered under a different name. Looked really suspicious. The volume on bitbns has been dying our recently not to mention the lack of new coins

Never used wazirx, bitbns customer support is super incompetent. They frequently change their bank account details which is always registered under a different name. Looked really suspicious. The volume on bitbns has been dying our recently not to mention the lack of new coins. So stopped using bitbns altogether.

Deal Cadet Deal Cadet
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I recently started investing in “relatively risky” crypto and forex. For which I had to look into crypto and all that. At first I also was intimidated, but now got hang of it. I’m waiting till Monday just to be sure about what I’m doing as I started this Monday only though I was closely monitoring my friend for a month. I’ll try to write a detailed post when I get home tonight, maybe that post will help. .

Now onto answering your question.

1. First get familiar with Binance app. As it can serve a one stop location for lot of your needs. You can buy Crypto here. And just hold it or sell it as you wish.
2. Second if you like to trade on relatively unknown sites, where there’s no facility of wallet or bank transfer or you deem them unsafe. Then binance can be your safe wallet.
For trading on sites like these. You’ll have to buy Usdt on Binance then transfer these Usdt to wherever you want and after profit you can withdraw profits back to binance.

I know this is still confusing and bit vague I’ll try to right a detailed post about these forex trading as I’m still trying all the features of this app I need.
You can pm for referral of Binance though I don’t think there’s any great benefit.

Deal Newbie Deal Newbie
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a.kabeer31837 wrote:

I recently started investing in “relatively risky” crypto and forex. For which I had to look into crypto and all that. At first I also was intimidated, but now got hang of it. I’m waiting till Monday just to be sure about what I’m doing as I started this Monday only though I was closely monitoring my friend for a month. I’ll try to write a detailed post when I get home tonight, maybe that post will help. .

Now onto answering your question.

1. First get familiar with Binance app. As it can serve a one stop location for lot of your needs. You can buy Crypto here. And just hold it or sell it as you wish.
2. Second if you like to trade on relatively unknown sites, where there’s no facility of wallet or bank transfer or you deem them unsafe. Then binance can be your safe wallet.
For trading on sites like these. You’ll have to buy Usdt on Binance then transfer these Usdt to wherever you want and after profit you can withdraw profits back to binance.

I know this is still confusing and bit vague I’ll try to right a detailed post about these forex trading as I’m still trying all the features of this app I need.
You can pm for referral of Binance though I don’t think there’s any great benefit.

Thanks for the input..i am also interested in investing in crypto, please suggest which coins have a good potential of growth in future.
Also share your own experiences of coins through which you have earned good profit.
Also does Binance app support purchase using upi & DC?

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Sunnyday wrote:

Thanks for the input..i am also interested in investing in crypto, please suggest which coins have a good potential of growth in future.
Also share your own experiences of coins through which you have earned good profit.
Also does Binance app support purchase using upi & DC?

Yes for upi, I have recently bought 70k worth of usdt with it.
There’s an option for credit and debit cards but personally haven’t used it.

Yes I’ll share about profits and all in my post when I write one. You can pm me if you want. I have slow typing speed and post gonna be long. stuck_out_tongue

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a.kabeer31837 wrote:

Yes for upi, I have recently bought 70k worth of usdt with it.
There’s an option for credit and debit cards but personally haven’t used it.

Yes I’ll share about profits and all in my post when I write one. You can pm me if you want. I have slow typing speed and post gonna be long. stuck_out_tongue

UPI in binance are u sure ?

Wazirx removed UPI
Only neft for few banks and mobikwik allowed in wazirx

Post Emperor Post Emperor
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geni wrote:

These exchanges not allowing to load money easily

and wazirx charging exorbitant fees if added from mobikwik..

Use coindcx
Since last month loading money via movidick is free

Post Emperor Post Emperor
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Sunnyday wrote:

Thanks for the input..i am also interested in investing in crypto, please suggest which coins have a good potential of growth in future.
Also share your own experiences of coins through which you have earned good profit.
Also does Binance app support purchase using upi & DC?

Sol,luna,bnb(will reach ATH),eth, cardano,theta,matic

Deal Subedar Deal Subedar
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a.kabeer31837 wrote:

I recently started investing in “relatively risky” crypto and forex. For which I had to look into crypto and all that. At first I also was intimidated, but now got hang of it. I’m waiting till Monday just to be sure about what I’m doing as I started this Monday only though I was closely monitoring my friend for a month. I’ll try to write a detailed post when I get home tonight, maybe that post will help. .

Now onto answering your question.

1. First get familiar with Binance app. As it can serve a one stop location for lot of your needs. You can buy Crypto here. And just hold it or sell it as you wish.
2. Second if you like to trade on relatively unknown sites, where there’s no facility of wallet or bank transfer or you deem them unsafe. Then binance can be your safe wallet.
For trading on sites like these. You’ll have to buy Usdt on Binance then transfer these Usdt to wherever you want and after profit you can withdraw profits back to binance.

I know this is still confusing and bit vague I’ll try to right a detailed post about these forex trading as I’m still trying all the features of this app I need.
You can pm for referral of Binance though I don’t think there’s any great benefit.

what if binance shuts down the door or is forced to?

Deal Subedar Deal Subedar
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a.kabeer31837 wrote:

Yes for upi, I have recently bought 70k worth of usdt with it.
There’s an option for credit and debit cards but personally haven’t used it.

Yes I’ll share about profits and all in my post when I write one. You can pm me if you want. I have slow typing speed and post gonna be long. stuck_out_tongue

I have recently bought 70k worth of usdt with it.
thru binance app itself?what were forex charges?

Deal Cadet Deal Cadet
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sanjeev.nttdata1420 wrote:

I don’t know anything about cryptocurrency, how it works?, how much we need to invest initially? many more questions like that…

Only invest in BTC thru VAULD. That too only on Dips or Daily. Zero Fees. They have automatic invest option. Only thing they lack is Auto-Sell. No emotions nothing. Just Deposit some money and create AIP for BTC.
Choose 200 for daily. 1200 for DIP.
I mean Minimum amount only.
AIP for Daily, minimum is 167 something… I use 200.
AIP for DIP, minimum is 1200.

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directorashokvarma739 wrote:

Only invest in BTC thru VAULD. That too only on Dips or Daily. Zero Fees. They have automatic invest option. Only thing they lack is Auto-Sell. No emotions nothing. Just Deposit some money and create AIP for BTC.
Choose 200 for daily. 1200 for DIP.
I mean Minimum amount only.
AIP for Daily, minimum is 167 something… I use 200.
AIP for DIP, minimum is 1200.

aip means?

Deal Subedar Deal Subedar
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directorashokvarma739 wrote:

Only invest in BTC thru VAULD. That too only on Dips or Daily. Zero Fees. They have automatic invest option. Only thing they lack is Auto-Sell. No emotions nothing. Just Deposit some money and create AIP for BTC.
Choose 200 for daily. 1200 for DIP.
I mean Minimum amount only.
AIP for Daily, minimum is 167 something… I use 200.
AIP for DIP, minimum is 1200.

Nice, Great read flag, you can buy in dips but not auto-sell?

You can place limit order to sell right??

Deal Cadet Deal Cadet
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Use binance or coindcx only
Dont go for coinswitch/wazirx or any other app
Reason- less charges, good customer support, stable selling rates

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InvestPotato wrote:

Nice, Great read flag, you can buy in dips but not auto-sell?

You can place limit order to sell right??

I’m not into many platforms…Except Vault and Bitbns. Bitbns has fees but vault doesn’t and as I see it is for those who want to Hold for long and control emotions when buying.

Missing