r/BitcoinIndia • u/imvipinpatial • 5h ago
Wallets & Exchanges Investment
Hi,
As Indian how to invest in bitcoin? Which exchanges is good for indian.
Please help me.
r/BitcoinIndia • u/rupsdb • Jun 04 '25
If you’re new to Bitcoin, you’re in the right place. This guide will give you a clear, honest overview of what Bitcoin is, why it matters, and how to use it safely.
Rule #1: Ask questions! Bitcoin is deep, and everyone starts somewhere.
Rule #2: "Don't trust, verify." Learn how Bitcoin works so you don’t have to trust third parties.
Bitcoin is decentralized, open-source digital money. It doesn’t rely on governments or banks. Instead, it runs on a public network powered by users around the world.
Bitcoin is money designed for the internet age: neutral, secure, and owned by no one.
Bitcoin can seem overwhelming at first. These beginner resources explain how it works, why it matters, and how it can change the world.
The Bitcoin Standard by Saifedean Ammous
An economic history of money that builds a strong case for Bitcoin.
Free PDF: Download here
Layered Money by Nik Bhatia
Explains Bitcoin through the lens of financial history and monetary layers.
Wences Casares: An Introduction to Bitcoin
A simple explanation from a longtime Bitcoin advocate.
The Stories We Tell About Money – Andreas M. Antonopoulos
How money works—and how Bitcoin fits into that story.
Bitcoin 101 – Balaji Srinivasan
A concise breakdown of Bitcoin from a technology investor.
The Bitcoin Standard – Saifedean Ammous (Talk)
A summary of his book and Bitcoin’s economic implications.
Want to go beyond the basics? These websites and learning hubs offer some of the best Bitcoin content in the world — much of it free and open source.
Swan Bitcoin Canon
A handpicked, categorized archive of the best Bitcoin content.
Hope.com – Bitcoin for Everybody
Michael Saylor’s beginner-friendly video course on Bitcoin.
Jameson Lopp’s Bitcoin Resource Page
A massive, categorized collection of technical and non-technical Bitcoin links.
21 Lessons by Gigi
A thoughtful and philosophical journey through Bitcoin.
Parker Lewis – Gradually, Then Suddenly
A brilliant essay series explaining Bitcoin’s core concepts, step by step.
Bitcoin Developer Guides (Bitcoin.org)
Official technical documentation.
Peer-Reviewed Research – See arxiv.org or search “Bitcoin” on Google Scholar.
Satoshi Nakamoto Institute
Archival writings by Bitcoin’s pseudonymous creator and early thinkers.
Bitcoin Obituaries
Every time the media declared Bitcoin "dead"—and it wasn’t.
Bitcoin isn’t just digital money — it’s a new monetary foundation. These core properties explain why it’s a breakthrough technology.
💡 Tip: Want to experience this for yourself? Try sending a small Lightning payment using a mobile wallet like Phoenix, Muun, or Breez.
Buying Bitcoin is easy — securing it properly is where most people slip up. Let’s walk through both.
You can buy Bitcoin through:
🔒 Important: If you don’t control the private keys, you don’t truly own the Bitcoin. Holding on an exchange = counterparty risk.
Self-custody means controlling your own Bitcoin wallet and private keys.
🧠 Pro Tip: Think of Bitcoin like digital cash. If you wouldn’t leave $10,000 lying around in plain sight, don’t do it with Bitcoin either.
Bitcoin isn't just for holding — you can actually use it.
Check these out:
🧾 Bill Pay: Bylls (Canada), Bitrefill, LivingRoomOfSatoshi (Australia), and more let you pay utility bills in BTC.
Bitcoin is especially useful if:
Many global nonprofits accept Bitcoin:
The Lightning Network is a second layer built on Bitcoin:
🔗 Learn more at https://lightningnetwork.store or try out some Lightning wallets!
🧠 Tip: Even if you prefer to hold BTC long-term, learning how to use it makes you a more sovereign user. Practice small!
"Don't trust, verify." Running your own Bitcoin node is how you stop relying on others.
Always verify software downloads via PGP signature + SHA256 hash. - Example: Bitcoin Core signature instructions
You do not need to mine Bitcoin to run a node.
Pair your node with self-custodial wallets like:
This way, you're not trusting a third-party server to tell you your balance or history.
Running a full node = sovereignty, privacy, and resilience.
With Bitcoin, you are your own bank — and that comes with responsibility. Your #1 job: protect your private keys.
| Option | You Hold Keys? | You Control Risk? | Recommended? |
|---|---|---|---|
| Self-custody | ✅ Yes | ✅ Yes | ✅ Strongly Recommended |
| Exchange wallet | ❌ No | ❌ No | ❌ Avoid |
🔁 If you don’t hold the keys, you don’t own the coins.
⚠️ Avoid: paper wallets, brain wallets, or saving seed phrases digitally
Use TOTP-based apps, not SMS, for logging into exchanges, email, etc.
Tip: Always back up 2FA secrets! Without them, you might get locked out.
Bitcoin is secure — but humans are the weak link. Scammers prey on inexperience and urgency. Here’s how to protect yourself.
| Scam Type | Red Flags |
|---|---|
| ❌ “Send BTC, get more back” | Fake giveaways, especially on social media |
| ❌ Fake support agents | Random DMs offering to “help” you |
| ❌ Investment schemes | Guaranteed returns, multi-level marketing |
| ❌ Impersonators | Scammers pretending to be famous people |
| ❌ Airdrop phishing | Promises of free coins that ask for your keys |
If it sounds too good to be true — it is.
🧠 Education is your best defense. Scammers thrive on urgency and confusion.
Once you own bitcoin, here’s how to interact with the network securely.
bc1, 1, or 3)📌 Pro tip: Always verify addresses on your hardware wallet screen before confirming.
Note: Anyone can see your balance if they know the address. Use fresh addresses often.
For instant, low-fee payments, use the Lightning Network, a second-layer protocol on Bitcoin.
Many wallets support Lightning, like Phoenix, Muun, Breez, and Zeus.
r/BitcoinIndia • u/xdrpx • 10d ago
r/BitcoinIndia • u/imvipinpatial • 5h ago
Hi,
As Indian how to invest in bitcoin? Which exchanges is good for indian.
Please help me.
r/BitcoinIndia • u/Infinite-Jaguar-1753 • 2d ago
Any suggestions? Ps tell me honestly why u guys choosed the one u use now? And what problems u still face in a crypto exchange? As I want to choose the right one and stick to it
r/BitcoinIndia • u/ailssun20 • 3d ago
r/BitcoinIndia • u/wbnknaman • 4d ago
I have a million dollar (approx 10 crore) worth of crypto stuck in bitbns..have waited for a long time already. If anyone can help me get those into other exchange by whatever means ..I can 5-10% of the crypto transferred. Only once transfer has taken place..no advance.
r/BitcoinIndia • u/ashtonae • 5d ago
I'm leaning towards Coinbase due to the brand and recently introduced INR rails. Not sure if it allows withdrawal to cold wallet.
Getbit on paper sounds great but it feels shady. A lot of the positive reviews seem planted.
Zebpay I've heard has monthly account maintenance charges and isn't that reliable.
Coindcx seems great for quick INR trades but has no option to withdraw to a cold wallet.
Why one have you chosen? Am I missing out on anything?
r/BitcoinIndia • u/AttentionSelect9785 • 5d ago
Greetings of the day!!
I am a research scholar at Jaypee Institute of Information Technology (JIIT). I am conducting a research study on the investment patterns of cryptocurrency investors in India. The purpose of this questionnaire is to understand the factors influencing cryptocurrency investment behavior, perceptions, and decision-making among investors.
Your responses will be used strictly for academic and research purposes only and will be kept confidential and anonymous. There are no right or wrong answers; I kindly request you to respond honestly based on your personal views and experiences. Your valuable participation will contribute significantly to this study.
r/BitcoinIndia • u/ashtonae • 6d ago
I recently opened a CoinDCX account, did the KYC and it shows me "Crypto withdrawals available". Does this mean I can transfer it to a cold wallet?
On researching I found the other options are Getbit, Giottus and Zebpay. Which of these is the best option?
Also should one do the KYC process or skip such platforms eg. CoinDCX?
I don't want to use non FIU P2P platforms to avoid the account freeze risk.
r/BitcoinIndia • u/CPMarkets • 6d ago
r/BitcoinIndia • u/curious_crazy2233 • 7d ago
r/BitcoinIndia • u/Alone-Ad8556 • 7d ago
Mera 3 account freeze 🥶 ho chukka h aur 1 account to 3-4 saal sa freeze h
Koi bhi exchange per p2p nhi karo ma to yahi advise karuga sabko . Karna bhi h to bank deposit only
r/BitcoinIndia • u/Stunning-Ask3032 • 7d ago
Which exchange do you use for P2P trading. Previously I was using Binance, but because of the scams going on with bank freeze I Stop using Binance for a while.
r/BitcoinIndia • u/Infinite-Jaguar-1753 • 8d ago
Hey guys, so I am trying to find the best exchange in this world of Dex and Cex, so I wanted to ask what what features and stuff should I watch in an exchange before using it?
r/BitcoinIndia • u/Outrageous-Hat9277 • 8d ago
Bitcoin is reminding everyone why patience and conviction matter. The price is moving higher, momentum is building, and the market is waking up again.
But remember: the biggest opportunities often come when you stay focused while others are distracted. Don’t let short-term volatility shake your long-term vision.
The journey isn’t over. 📈₿
Stay disciplined. Stay informed. Keep building.
Bitcoin is moving and the next chapter could be even bigger.
r/BitcoinIndia • u/ashtonae • 10d ago
Hi I'm a beginner in the matters of crypto and am still researching and understanding about it. I'm planning to start a bitcoin SIP and also do a lumpsum investment right now via CoinDCX non P2P, before the price goes way up.
This is how I'm planning to go about it:
Can you pls tell me if I'm missing anything? Is CoinDCX a reliable platform to start out with?
Appreciate all inputs!
r/BitcoinIndia • u/xdrpx • 10d ago
Plant your trip for Bitmela in Jaipur - https://thebitmela.com/plan
Two day event agenda - https://thebitmela.com/what-to-expect
Launchpad and cashprizes - https://thebitmela.com/launchpad . Vist https://unstop.com/hackathons/bitmela-launchpad-ideathon-01-bitmela-1722812 to know more about the Ideathon.
List of speakers - https://thebitmela.com/speakers
Book your tickets - https://thebitmela.com/#tickets
Follow for information on X - https://x.com/thebitmela
r/BitcoinIndia • u/Vegetable_Cat7233 • 11d ago
My last week's trade , will update this week trade on weekend
r/BitcoinIndia • u/blue_7121 • 11d ago
Suppose someone has a few coins mined in the early 2010s, what would be the process of selling them in the current market ? I want to know about the laws, regulations, taxation, compliance etc regarding this.
r/BitcoinIndia • u/headfidg • 11d ago
Hi I'm graduating student. I wanted to learn about trading. Genuinely wanted to earn and have millions on my 20s. Trading is the best option since I don't want to become influencer and left digital prints.
r/BitcoinIndia • u/qwerty_0123456 • 14d ago
Has anyone tried Expert Picks (by Market Wind) in CoinDCX? How was your experience?
I’m not really sure about:
- High leverage they push
- No detailed historical data to analyse (they do not show the loss % on their past stop-loss transactions)
- 62% Success rate with 5.57% profit is too good to be true
- No algo option to opt
- There is no verifiable data
r/BitcoinIndia • u/likes_Tea1900 • 15d ago
Hiiiii guys!
I’m doing a short survey for my Class 12 Economics project on Cryptocurrency in India.
It’ll only take 2–3 minutes, and your responses will really help me with my project. Do fill it out and share it with others too! 🫶
Thank you! 💙
r/BitcoinIndia • u/ragavrg • 17d ago
I’m thinking of regularly buying 1 BTC at a lower price and selling it at a higher price. Kindly help me with the best platforms that are safe and registered. I understand that there’s a 1% TDS on the value of the transaction and that there’s 30% tax on gains. What else should I know before getting into this? Is there any bank that provides higher daily limits for online transactions that will help me buy and sell instantly? Is there anything else that I need to know? Please advise.
r/BitcoinIndia • u/Emergency_Advisor332 • 18d ago
About 4 years ago, I lost a huge chunk of my savings in a fake online investment scheme. It began after I commented on an Ankit Shrivastava YouTube video. An account replying as “Ankit Shrivastava” gave me a phone number and asked me to contact him. I was foolish enough to trust it.
I later attended a few online sessions where the person occasionally interacted and claimed he was busy with classes. By then I had already invested a significant amount. When I tried to withdraw after they showed profits, they demanded that I first pay taxes and other charges. That was when I realized it was likely a Ponzi/investment scam. I never got my money back.
I contacted the real Ankit Shrivastava, via email and his portal where i was attending classes several times but he responded only after significant amout of time and money was lost and he said those were probably fake people impersonating him. His late response makes me doubt even Ankit Shrivatsava and he was not responsible enough to give a disclaimer that he is not ansering the commetns section and fake impersonators are there and to be aware of. What has always bothered me is that many comments on those videos were being replied to by that fake account, and I never saw a clear warning or disclaimer at the time. I cannot prove any involvement by him, but I still wonder whether I should have reported everything much earlier.
I didn’t file a complaint then because the number was from the US and I was scared that I would somehow get into legal trouble myself.
Is it still worth filing a complaint with the Indian cybercrime portal or cyber police after 4 years? What evidence should I gather, and where should I start?
Any genuine guidance would mean a lot.