However, it has been a decade since the arrival of cryptocurrencies, and still, most people are not aware of it. They are using traditional currencies to make transactions for managing the flow of money. In the future, most of the businesses will start using cryptocurrencies in order to pay for their services. From this, you don't need any middleman to perform various transaction processes. And also it will reduce the transaction fee and make their services at low cost from their end. Let's discuss Koin Bazar and how to buy bitcoin from this crypto exchange platform.
Koin Bazar - An Overview:
Koin Bazar - An Indian based centralized P2P crypto exchange platform. The major benefits of Koin Bazar are simple & user-friendly, secure, and liquidity. The team of experienced blockchain developers with more than ten years of experience has made this platform to help Indian traders, a scalable and reliable crypto trading platform which converts their efforts into profit.
With legal regulations and strict KYC protocols, Koin Bazar offers the trusted and safest cryptocurrency trading feel for the traders. The license acquiring process for other targeted countries like Estonia, Poland, South Korea, and Malta is under review.
Why Koin Bazar?
Most of the Indian traders have faced a lot while in deposit with the INR, but in this platform especially for Indians can easily deposit INR currencies for buying a bitcoin and also the trading is much easy, efficient and the time-consuming is low. Peoples who are beginners in this crypto world suffer the major difficulties in the trading process and cyber vulnerabilities. But, the koinbazar is ruling out both the complexities.
Features of Koin Bazar:
When compared to the other cryptocurrency exchange platforms in India, Koin Bazar has many benefits. Let's see the major features here.
Electric Auto-Matching Engine:
With the help of advanced matching algorithms and strong communication performance, your exchange order provides about quick trade even at the time of your absence.
Speed:
The speed of the transactions much faster in this platform because of ultra-low latency. It doesn't delay your orders even if thousands of transactions occur at a time.
INR Payment:
In this platform, you can easily buy, sell, and trade Bitcoins (BTC) directly with the Indian (INR) rupees. These options can make this platform more fluid and easy.
Crypto Wallet:
In koinbazar, you can easily deposit funds by linking with your bank account and trade it from anywhere using the integrated crypto wallet at a lightning speed and comfy.
Two Factor Authentication:
Protect and strengthen the security of your account with the 2FA option will be able to keep and trade your assets safer.
Anti-Phishing Code:
It is one of the security features offered by koinbazar which allows traders to make an additional security layer to the account. Once, it's enabled, you will get genuine emails from us and avoid unwanted scammy emails.
Spot Trading:
With this option, you can make a buy or sell your digital assets instantly in a specified time.
How to set-up your account?
Before starting your trading process, there is a procedure you have to complete it.
Steps to register your account:
The below-mentioned steps are to complete your account registration process,
Step 1: Visit the Koin Bazar website.
Step 2: Select signup and fill-up your the details required.
Step 3: Once you filled in the details, click create an account. An activation mail will send it through your registered Email-ID.
Step 4: Open it and click the activation link. And your account is successfully created.
Steps to Complete Your KYC Verification:
The below-mentioned steps are to complete your KYC verification process,
Step 1: Sign in to your account and select Account ---> Profile
Step 2: Under the KYC section, you need to complete the following prospects.
- Choose your required ID proof.
- Upload your frontside and backside ID Proof.
- Take a selfie of your face for KYC identification.
Step 3: Click Save. And your KYC verification process will be completed shortly.
After the procedures get complete, you can legally deposit your funds by connecting your bank details or external wallets in your koinbazar account. So, start buying and selling your assets safely with us and enjoy a hassle-free trading experience.
Signup Rewards:
Once the above-mentioned process is completed you will get FREE 50KBC tokens instantly and get deposited into your wallet.
I am Anika Simone, working as a freelance technical content writer having more than 3 years of experience. My interests are blogging, traveling, and photography.