Bitcoin Wallet for Indian Crypto Lovers

in #bitcoin7 years ago

Confused which wallet is good to choose ?

Well let me put this cake into pieces for you.

Getting started, The first thing you ask yourself is, where do you purchase bitcoins from? Unfortunately, Indian people cannot purchase bitcoins from the big giants like Coinbase, Gemini, Gdax etc. Becasue this big giants only get USA bank accounts hooked to their platforms.
In India, there are multiple platforms available to purchase bitcoins. Let me name them and walk you through their pros and cons :
Zebpay:
Zebpay is one of the famous platform where you can purchase Bitcoins.
Lets have a look on their pros and cons.
Pros:
i) It has clean UI. Easy user interface and easy to use.
ii) The sign up process is very quick and verification is also quick compare to other platforms.
iii) The customer support service is very impressive. Has both call and email support, typically replies in few hours.

Cons:
i) It is only available on IOS and Android App. Desktop version is not available.
ii) No two-factor security.
iii) The withdrawn money takes 1 day time to reflect on your bank account.

Unocoin :
Pros:
i) Security is at high-level.
ii) They have many more features such as you can create a systematic investment plan (SIP) to buy Bitcoins.
iii) Money Transfer from your bank account to your UnoCoin wallet is much faster than ZebPay.

Cons:
i) Fees are pretty high compare to Zebpay.
ii) The UI is not that clear compare to Zebpay.
ii) Minimum withdrawal amount is Rs 1000.

Coinsecure
Pros:
i) The difference between buy and sell is very low compare to Zebpay and Unocoin.
ii) Transaction charges are minimal.

Cons:
i) KYC verification process takes up huge amount of time.

Koinex
Pros:
i) Altcoins can also be purchased such as Ether, Ripple, Bitcoin Cash, Litecoin from INR.
ii) KYC verification process take up within 30 min. (Note: Verification process is super fast only if your submitted documents are fair enough ).
iii) Transaction charges are minimal.

Cons:
i) They are still in Beta version.
ii) Only website is available.
iii) They are running into frequent issues and are delaying withdrawal process.
iv) Customer service is poor. Typically take weeks to respond.

Koinex Join link :
https://koinex.in/?ref=6369e5

Well that's it. Make a wise decision.

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