Frequently Asked Questions

We get these questions all the time, so we thought it might be a good idea to put them all in one place.

What is BuyUcoin?

BuyUcoin is India's market leader in Cryptocurrency landscape. We provide the simplest and trusted platform to trade, store, use and accept cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, AntShare, Bitcoin cash and many more.
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What are Cryptocurrencies?

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
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What is Bitcoin?

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like rupees or dollar – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

How to get started on BuyUcoin?

Start by signing up and verify your Mobile number & E-mail ID.

How to Buy-Sell cryptocurrency/altcoin/token on BuyUcoin?

First you need to verify your KYC & Bank Accounts, then you can go to trade page and start trading Bitcoin, Ethereum, Ripple, Litecoin, AntShare, Bitcoin cash and many more against Indian rupees.

How to get verified on BuyUcoin for trading?

Simply upload your Pan Card, Aadhar Card & Bank Account details on KYC page after sign-up.

Why do I need to get verified for trading?

According to laws by Reserve Bank of India(RBI)- KYC-AML must be verified, so we require your documents to get it verified.

How much time does it take to get verified?

It usually take less than 1 working day to get you verified.

How to deposit INR in BuyUcoin's Account?

You can simply IMPS, NEFT or RTGS your amount to company's account number and enter the reference Id you get on transferring the amount.

How to withdrawal INR to my bank account?

You just have to raise a request on wallet page and enter the amount you want to withdraw.

How much time does it take to Deposit/Withdrawal INR?

It takes less than 1 hour for deposit to show in your account once we receive the payment.
While for Withdrawal it takes minimum 2-3 working hours to initialize your withdrawal. Your withdrawal will be process within the same day or the nex day.

How much does BuyUcoin charge as trading fees?

We don't charge any trading fee on our platform. It 0% trading fee model.

How to store cryptocurrency/altcoin/tokens ?

BuyUcoin provides easiest and secure wallets for storing more than 18 cryptocurrencies and altcoins like Bitcoin, Ethereum, Ripple, Litecoin, AntShare, Bitcoin cash and many more. It is made hack-free so you don't lose your coins.

Which cryptocurrencies are currently traded on BuyUcoin?

We are currently trading Bitcoin (BTC) , Ethereum (ETH) , Ripple(XRP), Litecoin (LTC), Bitcoin Cash (BCC), NEM, AntShare(NEO), Dash, Ethereum Classic(ETC), Qtum, Monero(XMR), Stratis(STRAT), Zcash(ZEC), STEEM, Augur(REP), GOLEM(GNT), Lisk(LSK), Factom(FCT), OmiseGO(OMG), Civic(CVC), Siacoin(SC), TenX(PAY), Ark(ARK), Dogecoin(DOGE), Digibyte(DGB), NxT(NXT), Basic Attention Token(BAT), BitShares(BTS), CloakCoin(CLOAK), Pivx(PIVX) directly with inr on our platform but we'll be integrating more cryptocurrencies in our platform very soon.

Is BuyUcoin Secure?

We have learned a lot from the hacks and made our platform accordingly so we don't get hacked, we're totally secure.