Today we are living in the age of digital currency and cryptocurrency.
And the value of all the cryptocurrency seems to be increasing.
And, the two major cryptocurrencies whose value has skyrocketed in just a small matter of time are bitcoin and Ethereum.
Yet, the question arises how to buy Ethereum in India.
There are many easy ways in other countries wherein you can get your hands in the digital currency.
All you need is a credit card and an account with a digital wallet.
And in just a few minutes you will be able to exchange your revenue to digital currency.
But, before I go any further in explaining to you how to buy Ethereum in India.
I would want you to understand the concepts of Ethereum. Which is very important.
Because unlike bitcoin, Ethereum is more than just a cryptocurrency currency.
What is Ethereum
Ethereum is a decentralized blockchain based smart contract platform for creating software and running applications.
It is a platform where you can write smart contracts to get your tasks completed such as, software creation and running it in the cloud.
It executes the code written in any language.
And has some of the best features to get your tasks done, without having to lose money.
Yes, you heard it right.
Ethereum is not a digital currency.
Not entirely, but the token of Ethereum called Ether is its digital currency.
What is Ether
Blockchains have tokens.
These tokens are their digital currency.
For example, Ethereum’s token is ETH or Ether.
Bitcoin’s token is BTC.
Ripple network’s token is XRP, and so on the list continues.
So, speaking of buying Ethereum, you’ll have to exchange your revenue with Ether.
How to buy Ethereum in India
The concept of purchasing Ethereum is a bit different.
You cannot go to an online broker or Ethereum’s website and buy Ethereum directly.
You will have to get an online wallet registered and then you will be able to exchange your revenue for Ether.
Now, there are two Indian digital wallets by which you can easily purchase Ethereum.
The only thing, that you’ll have to do is, sign up in any one of these wallets and create an account.
Once you have registered and you’ve got your hand on your digital wallet.
You will be able to make endless exchanges of revenue to Ether or purchase Ether using the wallet.
Below is a list of helpful links you might want to read.
- Ethereum wallet for windows.
- Ethereum wallet for Android.
- Ethereum wallet for iOS.
- Top 4 Ethereum hardware wallet.
- The complete mist Ethereum wallet guide.
- How to buy Ethereum with Paypal.
Ethexindia and koinex review which to choose
If you are confused on which digital wallet to choose among the both.
Then you probably are simple stressing your mind out too much.
I’ve personally visited these websites, did some research and have read many reviews to note.
To my experience and my research, i found that both of the above websites are amazing to start with purchasing your Ethereum.
The registration process of these websites is very simple and the digital wallet is easy to understand with a simple user interface.
You’ll not have to scratch your head in any situation and you won’t be getting stuck anywhere in between.
To give a direct answer to your question How to buy Ethereum in India.
Just choose any of the above digital wallets.
Sign up, register for your account.
Exchange your revenue for the current value of Ether, or purchase Ether and you are all done.
Both of the digital wallets are good and easy to understand.
I personally have done research on both of them.
And in my experience, i didn’t find any flaw in them.
So, don’t give too much stress to your mind and just go with any digital wallet.
It just takes a few minutes with both of the above websites to get your hands on Ethereum.
I hope the question you had of, How to buy Ethereum in India is totally gone now.
If you wish to know more about anything that is related to Ethereum, then do let me know.