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Learn to Trade Bitcoin Step-by-Step

Trading Bitcoins can be an exciting journey. However, if you aren’t well-informed, you might end up making big mistakes and lose tons of money. So learn how to buy and sell Bitcoins in India step-by-step with no step skipped. (Trust us, it’s easier than what you have be!en told)

Thursday, October 11, 2018

21 Best Bitcoin Memes That Only True Bitcoin Lovers Will Understand

They say laugh when things aren’t looking good. It will make you feel good. So if Bitcoin has been giving you some hard time as of late, these funny memes will definitely ROFL you.

Presenting, 21 Best Bitcoin Memes of 2018:

Tuesday, August 7, 2018

Who Will Inherit Your Bitcoin After You Die?

In a recent survey done by Blockchain Capital, it was revealed that 30% of those between the age 18 and 34 years would rather invest $1000 in Bitcoin than Government stocks and bonds.

The thought that Cryptocurrencies can become a good investment avenue – let alone take over stock market in preference – can come up as a big blow to the crypto-skeptics. But it’s very well true.

Saturday, July 28, 2018

Why I Decided To Leave Zebpay (and You Should Too)

Much like many Indians, I bought my first Bitcoin on Zebpay at the beginning of 2017— at a time when not too many cryptocurrency exchanges were there in the country. Zebpay, along a couple of other names, was the most obvious choice.

Initially, things went smooth and fine. One of the best parts of Zebpay that I still admire is its simplified interface, which was exactly a newbie like me needed back then. From deposit to Bitcoin buying to withdrawing, I didn’t find much of any problem for the few months.

zebpay-complaints-about-its-customer-care-number-from-users
Zebpay Complaints

However, on the path leading up to where we are right now in the crypto-world, the rush for Bitcoin surmounted to new heights, for which, to much of their acceptance, Zebpay wasn’t ready for. Short in human capital and lacking the infrastructure, their services cracked, fell short, glitches became evident. Through all of these, the people at this India’s top cryptocurrency exchange, assumingly, worked hard. I still stood with them—even when many started jumping to other boats and even when their spread was huge. But that is until 6 weeks back; the same time around when they were having quite some trouble with their Express Transfer.

Also Read: Bitcoin and Income Tax India

6 weeks back I transferred (deposited) my Money to Zebpay’s bank account, which usually would have reflected on my Zebpay account within few hours. Only it didn’t. Trying to reach their customer support countless times went in vain. For reasons unknown, the transfer was delayed by 4 days. It eventually showed on my account. A few days later came the delay in processing my selling order, which took another 6 days. Also, ever since the traffic of Zebpay started increasing (the company says it’s adding 200,000 users every month) I also faced troubles at the time of withdrawal during more than a handful of times.

Amid all these delays, I lost many trading opportunities and potentially big money. And not to forget the fear and anxiety of losing all my money in all those uncertain transactions. It wasn’t as much of their interrupted services as their customer support that upset me the most. Zebpay Customer Care number always came either unreachable or busy, they were not very communicative on social media, and the exchanges over emails were assumingly automated. It was really dreadful when so much of your hard-earned money is at stake.

Also Read: Arun Jaitley on Bitcoin- Did He Ban Cryptocurrencies in India

I really liked Zebpay—I still do. I still hold a part of my Bitcoin there. However, the exchange isn’t really ideal for trading. Also, while the platform itself is exceptional – the best than many others – its customer support is the worst. Their 2.0 app does look promising for the traders with much more transparency. But I am still convinced, happily and disappointingly at the same time, Zebpay’s a great app for holding. For trading, one should definitely look for other good exchanges that have good customer support.

Bye-bye Zebpay. The investor in me loves you—the trader, not so much.

*****

This article is submitted by Hritesh Pansari as a guest post. The views and opinions expressed in this article are solely those of the author. They do not reflect the position of Bitcoin India Wiki.

Also Read: Bitcoin Trading For Beginners: 7 Deadly Mistakes You Are Making

Friday, June 29, 2018

(Infographic) Bitcoin, Blockchain Technology- ALL You Wanted To Know

A decentralized system, Blockchain technology is a shared distributed ledger, where each transaction is signed digitally to ensure the integrity of the transactions.

blockchain-technology
Blockchain Technology

Bitcoin is based on Blockchain technology. Whenever the transaction begins, a private key is generated from the crypto wallet of the user so that to provide a mathematical proof that the transaction request has indeed come from the owner.

Blockchain consists of sets of a number of hashed blocks. For the occurrence of every transaction, an extra block is added to the Blockchain. The minimum time taken to add an extra block in the Blockchain of the Bitcoin is about 10 minutes. However, sometimes it might vary.

To know much about Bitcoin and its functioning, do have a look at the below-given infographic.

(Note: This infographic first appeared on Bitcoinfy.net and has been re-published with permission. You can check out the original post here.)

bitcoin-blockchain-technology
Bitcoin and Bitcoin Technology 

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Saturday, June 9, 2018

Where to Buy Bitcoin in India?

If you want to buy and sell Bitcoins in India, you must first select an India Bitcoin exchange and make an account there.

If you haven’t already read our step-by-step guide to investing in Bitcoin, we recommend you give it a read. (How To Buy and Sell Bitcoin in India)

Sunday, May 27, 2018

What I Learned After Losing $891 In Bitcoin Trading (in 4 Weeks)

Last July (2017), I entered the cryptocurrency world. It was relatively new for me, and I didn’t know much. After doing some research and finding so much optimism in the community, I threw a large part of my savings in Bitcoin in a lump sum.

Thursday, May 24, 2018

What is Bitcoin and How Does It Work?

In recent times, Bitcoin has been making all the right noises in the financial market. Millions of people around the world are trading this digital currency and minting big fortune.

In India, the popularity of Bitcoin is growing at just as much pace. Thousands of Indians are joining this bandwagon every day.

Sunday, May 20, 2018

How to Avoid Bitcoin Panic Sell (And Be A Smart Investor)?

One of the biggest reasons why Bitcoin price is dropping is because the retail investors are panic selling in a large chunk.

Bitcoin Price Chart

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