Buy Bitcoin With PayTM - Buy Bitcoin With PayTM In India

Buy Bitcoin With PayTM - Buy Bitcoin With PayTM In India

Buying bitcoin with PayTM has become one of the most popular ways in India among the users, but sadly, like others, there are not many platforms that allow buying bitcoin with PayTM.

But form the past several years because of emerging crypto users in India, many platforms have launched by bitcoin with the PayTM feature especially for Indian users.

So if you are trying to invest in Bitcoin or searching for the best website to buy your first bitcoin using PayTM but still not found? 

Then here I bring you the most trusted and tested top 3 best websites to buy your first bitcoin using PayTM around India. 

So with no delay, let's start.

Best Websites To Buy Bitcoin Using PayTM In India? 



1. Buy bitcoin with PayTM on LocalBitcoins.

LocalBitcoins doesn't need any introduction to recognize it is the most trusted P2P web wallet where you can easily buy bitcoin among the actual people on the internet. 

What is P2P - 

Peer-to-peer (P2P) lending enables individuals to deal directly with other individuals, cutting out the financial institution or platforms (website) as the middleman? Know more about P2P.
 

It allows you to exchange your INR via the PayTM wallet into Bitcoin with the best market price and actual persons. 

Where most of the buying platforms using Boot for exchange but on LocalBitcoin you are dealing with actual persons and that makes the LocalBitcoin more trusted and fast trading.

LocalBitcoins allows you to send a message or advertisements directly to the seller or broker trusted by other satisfied users. 

It provides you a vast number of traders and over 60 unique methods to buy your Bitcoin, including PayTM wallet for Indian users.



2. Buy bitcoin with PayTM on LocalCryptos.

The name is familiar right, so do not confuse between LocalBitcoins and LocalCryptos. It launched about three years ago and become popular quickly because of P2P platforms.

Where LocalBitcoins only allows buying bitcoin while LocalCryptos allows to buy Bitcoin and Litecoin also via PayTM and other several methods.

The buying process is the same as LocalBitcoins, so you will have to send an order to brokers who accept PayTM money in exchange for bitcoin.



3. Buy bitcoin with PayTM on Paxful.

This is the third P2P exchange platform that allows to buy bitcoin with PayTM. The features of Paxful is similar to LocalBitcoins and LocalCryptos.



How can you buy bitcoin with PayTM using these three P2P platforms?

1. Like all platforms, you will need to create an account by entering email and password. They don't require KYC.

2. Now go to the home page of the platform that in you created an account, and here you will see all the information about different traders.
 
3. If you're facing a problem to find the PayTM mobile wallet payment method or a specific amount that you want to buy (like ₹100 - ₹500) then just select options in the search box like amount, PayTM wallet method, country, and country currencies name and click search. 

4. After that choose a broker and click on the buy button and an exchange dashboard of the trader will be open and here you can buy your Bitcoin with the PayTM wallet by filling the amount that you want to buy and then click buy. 

5. Then the broker sends you his/her PayTM wallet number and you will have to pay the exact amount in Rupees (INR) via your PayTM wallet to broker number. 

6. After a few seconds, your Bitcoin will arrive in your platform wallet as soon as you successfully send PayTM money to the broker number. Go to the dashboard and see your balance.



4. Buy bitcoin with PayTM on CoinSwitch.

CoinSwitch, an Indian-based cryptocurrencies platform allows to buy a vast number of cryptos In Indian rupees (INR) with several methods like UPI, Google Pay, Bank Transfer, PayTM.

The features of CoinSwitch are the same as the PayTM wallet. To start with CoinSwitch, you will need to download CoinSwitch app in your mobile then create an account by entering a mobile number.

You can use it as a wallet to send and receive bitcoin or other cryptos but if you want to buy bitcoin with PayTM, then you will have to complete KYC otherwise you can not buy and sell cryptos.

How to buy bitcoin with PayTM on CoinSwitch?

  1. Download the wallet on your mobile and create an account.
  2. Complete the KYC and then recharge the wallet by clicking on the Recharge button.
  3. Enter the amount in INR (minimum ₹100) and then choose PayTM as the payment method.
  4. A page will open and redirect you to your PayTM and then complete your payment.
  5. In less than 15 minutes your bitcoin balance will arrive in the CoinSwitch wallet.

NOTE - 
  • You must complete KYC and add bank account number and IFS code.
  • You should have PayTM on your mobile. You can not use other phones or PayTM wallet to deposit money.
  • You can buy any coin so you don't have to pay an exchange fee.


5. Buy bitcoin with PayTM on Binance (P2P).

Binance is the world's most popular crypto exchange platform and standing in the first position in market liquidity.

After gaining the popularity of P2P platforms, it launched its own P2P called "P2P Binance" where users can interact with each other and exchange their local currencies for Bitcoin.

It also has features to buy bitcoin with PayTM. But sadly, you can not find many brokers that accept PayTM money.



Which one you should use to buy bitcoin with PayTM?

Well, all given platforms are best and have their own features. If you want to use P2P platforms, then the price will disappoint you and in the case of PayTM transfer, it could be worst because the brokers demand a 5% -10% price above than the market price and also have a chance of scam if the broker runaway.

But if you use an exchange platform like CoinSwitch, have a low chance of scam (if you do something wrong). And it provides you the best price (almost at market price). 

The other importance of using CoinSwitch is, you can buy over 400+ coins without giving an exchange fee and it also provides the best security to your money.



Where to store your bitcoin?

Well done, you have successfully bought your first bitcoin using PayTM now you have to store your valuable coin in a secure wallet, so here are some wallets that are fully anonymous I would suggest.
  1. Trust wallet.
  2. Bitcoin wallet.
  3. Exodus wallet.
  4. Enjin wallet.
  5. Coinomi wallet.
  6. Lumi wallet.
  7. Samuorai wallet.
  8. MEW wallet.
  9. MetaMask wallet.
  10. Mycelium wallet.
You can read here in detail about the best bitcoin anonymous wallets.

Here you can find how to buy Ethereum coin and also know how to pay with bitcoin.

By the way, what you think about the above list, are you interest to buy bitcoin with PayTM wallet? Tell us in the comment box we are curious about it.✌

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