Ehtereum is the second most famous cryptocurrency. There are some cryptocurrencies other than bitcoin those are evolving very rapidly. I’ve provided you a list of top 5 bitcoin alternative cryptocurrencies to invest your money and ethereum is one of them. Ethereum could perform well in the upcoming future. Presently its price is around $541. In India there are a few cryptocurrency exchanges that offer ethereum trading platform. I want to let you know that Zebpay is going to upgrade its app and you’ll be able to buy ethereum from Zebpay soon. Till then I’ve find another multi-coin exchange (Koinex) that lets you buy ethereum in India. Apart from ethereum, you can buy bitcoin, bitcoin cash, litecoin, and ripple from this exchange. EthexIndia is another exchange that helps you buy ethereum in India but due to sudden surge in users, this exchange has stopped accepting new customers for three to four months. So ultimately we’ve left with one option and that is Koinex. I can only suggest you buy ethereum from this exchange and then transfer your ethereum to another exchange like Zebpay, EthexIndia etc (when they resume their services). Or keep your ethereum on Koinex; if you would like their services. So let me show you how to buy ethereum in India from Koinex.
You’ll need to perform following steps to buy ethereum in India from Koinex –
- Create and verify Koinex account
- Add money to your Koinex wallet
- Buy ethereum
How to Buy Ethereum in India from Koinex
To buy ethereum from Koinex, first you’ll need to create an account on Koinex. For that purpose visit Koinex official website. Sign up using this link and get free ethereum worth Rs. 50 on your first purchase.
Upon reaching on the website fill up the sign up form by entering your name, email, password, and a mobile number. Then click on Send OTP link to receive OTP on your mobile number. Thereafter click on Submit button.
Now you will receive a confirmation email on your email address, simply open your email inbox and click on verification link.
Then sign in to your Koinex account and fill up the verification form by uploading your PAN, Aadhaar, and banking account details.
Now wait till the verification completes. Usually it takes 3-4 days.
Once your account gets verified then next step is to add money to your Koinex account. For that purpose, click on Balances tab and scroll down, there you can see your Koinex bank account details. You’ve to deposit money to that account. For help read this post how to add money to Koinex wallet.
After adding money to your Koinex wallet, select ethereum from the navigation tabs. Then enter amount of ethereum say 1, 2, 10, 100 or portion like in the above screenshot, I’m going to buy 0.22 portion of ethereum, you want to buy. Next enter current price of ethereum showing above the amount field (see step 2 in above screenshot). Subsequently click on Buy button.
In the next step, click on Confirm button to buy ehtereum.
That’s it. We’ve successfully bought ethereum from Koinex.
Disclaimer: This post is only for information purpose. Before buying ethereum from this exchange, please verify its authenticity. Don’t take this post as an investment advise. We don’t hold any legal or financial responsibility, kindly buy and sell on your own risk.