Daten aus dem Cache geladen. How to Buy Your First Bitcoin on Koinpark? | Webyourself Social...

How to Buy Your First Bitcoin on Koinpark?

0
618

 

 

By April 2024, India had the highest number of cryptocurrency investors worldwide, exceeding 100 million. Despite being a relatively new industry, with only about a decade of history, India's cryptocurrency market has surpassed its stock market in terms of investor count. 

Due to this growing interest, many Indians are eager to learn how to buy Bitcoin. The process is quite straightforward with Koinpark, a global cryptocurrency exchange. This blog will let you know the simple steps involved in buying your first Bitcoin on Koinpark. 

 

Step-by-Step Guide on How to Buy Bitcoin on Koinpark 

 

To buy Bitcoin on Koinpark, follow these steps:

  • Sign in - If you are an existing user 

  • Sign up - If you are a new user 

  • Complete your KYC

  • Add INR to your Koinpark wallet from your bank account

  • Buy Bitcoin

Here are the detailed instructions to buy BTC on Koinpark.

 

Sign up - If you are a new user

 

In the following paragraphs, the steps for signing up on Koinpark to buy Bitcoin are explained in detail.

First, download our Koinpark cryptocurrency exchange app from the Play Store.

After opening the app, click the profile icon at the top to access the sign-up screen.

 

  • In the sign-up field, enter your basic information, review and accept the Koinpark terms, then click the "Sign up" button.

  • Following the previous step, the Koinpark app will send an account activation link to your registered email address. If you don't receive the activation email, be sure to check your spam folder as well.

  • Click the “activation link” button, which will direct you to the Koinpark page where your account will be activated.

  • To increase your account credibility, complete identity verification. To do this, click the profile icon at the top of the application, verify any unverified fields, and enable Two-Factor Authentication (2FA).

Once you've completed these steps, you're all set. The next step is to fund your wallet and start purchasing Bitcoin. To add funds to your account, click the wallet icon at the bottom of the app's home screen.

 

This will take you to the deposit page. Select "Spot," then choose the INR tab, and click the "Deposit" button to add funds to your account. (You can also fund your account with other cryptocurrencies.)

 

Super Fast Deposit supports: 

 

  • GPay

  • PhonePe

  • Paytm 

  • IMPS

  • NEFT

  • RTGS

 

Normal Deposit supports: 

 

  • IMPS

  • NEFT

  • RTGS

Select one of the payment methods mentioned above and provide the required information.

 

Next, go to the market page and search for BTC.

 

You'll see a list of results—choose the appropriate market. For example, if you want to buy Bitcoin in Indian Rupees (INR), select the INR market (BTC to INR). This will take you to the Bitcoin live chart page. At the bottom of the page, click the "Buy" button.

 

Next, enter details like the amount of Bitcoin you want to buy and the price at which you want to buy it. You can also select the account where you want the credit to go. After entering the information, click "Buy." A summary of your order will appear, allowing you to review the details before placing it.

After placing an order, it will appear in the "Open Orders" tab. Once the order is executed, it will move to the "Completed Orders" tab.

Reference: How to Buy Your First Bitcoin on Koinpark?

Search
Categories
Read More
Crafts
Enhance Your Space with Rings Mirror Acrylic Wall Decor by Londoncrafts
Acrylic wall art is in vogue in interior decoration because it’s versatile, trendy, and...
By London Crafts 2024-11-13 10:39:19 0 108
Other
Pharmaceutical Packaging Market 2023, Report Includes Dynamics,Regional Revenue Forecast, Products, and Application
  The personal care packaging market plays a vital role in the beauty, cosmetics, and...
By Maxjoy Joy 2023-05-23 12:32:17 0 1K
Other
US Digital Payment Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2030
The US Digital Payment Market size was valued at USD 10.66 trillion in 2023 and the...
By Surekha Mmr 2024-09-29 12:42:30 0 222
Other
Strategy And Innovation Roadmapping Tools Software Market Companies, Market Players, and Competitive Landscape
The global strategy and innovation roadmapping tools software market revenue stood at US$ 150.13...
By Absolute News 2022-01-07 09:53:27 0 2K
Networking
Aircraft Electrification Market: Key Drivers, Segmentation, and Regional Insights (2032)
Aircraft Electrification Market Overview  The Aircraft Electrification...
By Noah Oliver 2024-10-24 10:00:50 0 186