3 Easy Step Guide to Buying Your First Bitcoin

Verify your identity

Download Bitcoin wallet and after signing up in the bitcoin wallet India, the user must have to verify its identity to buy bitcoin or sell Bitcoin. The process of verifying is similar as like that of opening a bank account.

When the user signs in for the first time, they will see the HOME page with the welcome card indicating your progress in the middle of the display. And then the user has to confirm their mobile number by simply entering the mobile number and send confirmation SMS.

After that user will receive an SMS text message which will contain a code to confirm its mobile number. There is also an option to verify will call.

After that is ask for some of the personal details, and the user must have to enter your name exactly as it appears on their identity document.

If the user is not able to automatically verified their identity after providing their phone number and personal details in the steps above, then they can also verify their identity by submitting their identity documents. Some of the accepted documents are mortgage statement, telephone bill etc.

Make a payment

By making a payment via a Bitcoin wallet India is so convenient and extremely secure. To make a payment, the user would not need to enter any type of sensitive card information. Instead, they can simply send the payment from the download Bitcoin wallet app using one of two methods:

Open in Wallet: If the user wallet is on the device they are using to view the invoice, they can open the payment in their wallet. Confirm everything is correct, and the wallet will simply make the payment.

Send the Payment Manually: there is also an option for manual payment, If there is might be some issue or a wallet which doesn't support the other methods, the user can also send the payment manually.

Buy or sell Bitcoin

After downloading the Bitcoin wallet, then the user can simply buy Bitcoin or sell Bitcoin according to their preference. Bitcoin virtual currency is available around the worldwide, which allows users to convert any currency into and out of Bitcoin.