Bitcoin USD price, real-time (live) charts, news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more. 1 BTC to INR (1 Bitcoin to Indian Rupee) Exchange Calculator How much is 1 Bitcoin in Indian Rupee? 1 Bitcoin is Indian Rupee. So, you've converted 1 Bitcoin to Indian Rupee. Beldex - Indian Rupee Chart (BDX/INR) Conversion rate for Beldex to INR for today is ₹ It has a current circulating supply of 0 coins and a total volume exchanged of ₹17,,
Bitcoin coin price in inrBitcoin in India: Live INR Price, Best Exchanges, Taxes, and History
Bitcoin Halving May 12 Sponsored by. Data Bitcoin. Export data. Key metrics. All time high. Transaction Count 24h. Average Transaction Fee 24h. Value Transacted 24h. Category Currency. Value proposition Digital gold. Any data, text or other content on this page is provided as general market information and not as investment advice.
Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
DCG has no operational input into the selection or curation of CoinDesk content in all its forms. Show More. The State of Celo. Most Indians trade and mine bitcoin to store them in digital web wallets instead of spending them to buy something. Regardless several ventures have been in place to use Bitcoin for spending.
Unocoin has been the most prominent in this sector. In , it linked up with BookMyShow, an online cinema ticketing platform. This venture allowed customers to top up their accounts for movie tickets with Bitcoin. In a bid to fight corruption and terrorism, on November 8, , Prime Minister of India Narendra Modi shocked the nation by demonetizing Rs.
Chaos was inevitable. This resulted in long queues at the ATMs and banks for weeks. There was not enough cash with the banks to dispense. People holding cash could deposit their money in the bank accounts or exchange for new Rs.
What options do these people have? Let go all of their money? Well some of them did exactly that. Old notes were found floating in the river. While others turned to look for commodities to hedge the risk of an economic slowdown; some bought gold, some bought silver. What did government do to curb this? They started raiding gold jewellers. With gold and silver being targeted by authorities, these souls saw Bitcoin as a safe haven.
Bitcoin price started to surge and weekly volume of bitcoin trading nearly doubled. To understand how Bitcoin may progress in India it will be beneficial to know the role gold plays in Indian society.
It is fair to compare Bitcoin to gold, as they both are liquid commodities. Bitcoin as a result can be seen in the middle of fiat currency and gold — only lacking the cultural weight that gold has. Skip to content. Market Avg. Market Cap. All the Bitcoin news and information you need. Is Bitcoin Legal in India? Top Bitcoin Exchanges in India Since banking institutions have banned cryptocurrency trading in India, popular exchanges like ZebPay have had to shut down. Nevertheless, the following top exchanges are still currently used in India: Unocoin Unocoin was founded in and is the leading bitcoin exchange in India.
Other methods Outside of exchanges, P2P trading platforms enable bitcoin purchases in India, in spite of the bank bans. Two important P2P marketplaces in India are: Paxful is a peer to peer marketplace founded in that allows buyers and sellers to meet online and trade directly Bitcoin with each other.