How to buy India Coin (XINDIA)
India Coin, or XINDIA, is a decentralized cryptocurrency that aims to provide a secure and transparent way of conducting transactions in India. It is based on blockchain technology and operates on the Binance Smart Chain (BEP-20) network. Any central authority or government does not control it, but its users and developers do.
XINDIA Cryptocurrency hopes to become a viable alternative to the traditional fiat currency system in India, especially in light of the proposed ban on private cryptocurrencies and the launch of an official digital currency by the Reserve Bank of India.
Want to learn about where and how to buy India Coin? Then carry on reading this article.
Our step-by-step guide on how to buy India Coin (XINDIA)
Step 1: Choose a Crypto Exchange Platform
To buy India Coin (XINDIA), you will need to select a cryptocurrency exchange that supports the XINDIA trading pair. Some popular exchanges that list pairs of India Coin (XINDIA) with USDT include HotBit, CoinTiger, and Coinsbit. Doing your research while choosing an exchange to trade on is essential. You must analyze each exchange’s features, such as low fees, payment methods, or 24/7 customer support. Every exchange platform has its own procedures; selecting the more user-friendly and secure one is preferred.
Step 2: Register on any of the Platforms
Once you have chosen an exchange, create a free account on any exchange platform by providing your basic personal information, like your name, email address, phone number, and residence address. The exchange will require a valid ID to verify your profile and let you buy India Coin. After successfully submitting the details, your account will be activated for trading within a few hours or 1-2 business days.
Step 3: Buy the cryptocurrency using your preferred payment method.
After setting up your account, deposit funds into the exchange. Depending on your location and the platform’s features, you can purchase Tether tokens (USDT) through payment methods such as crypto wallet transfers, credit cards, debit cards, bank transfers, or third-party payment services. You can then use USDT to trade it in for a XINDIA coin on either Hotbit or CoinTiger by using the USDT/XINDIA trading pair.
Another way to buy India Coin is to purchase WBNB coins from a CEX platform and swap them with XINDIA on a DEX platform using PancakeSwap v2.
Step 4: Store the Cryptocurrency in a Wallet
After buying XINDIA tokens, transferring them to a personal wallet is advisable to improve security. India Coin is compatible with various wallets like MetaMask or Exodus. Choose a wallet that aligns with your security and user requirements, and install it. Once done, configure and connect your wallet with the crypto exchange to store your XINDIA tokens.
Note: XINDIA can also be owned as a swapping pair with Wrapped BNB (WBNB) tokens on Pancakeswap v2.
Also read: India Coin Price Prediction
Popular video guides on buying India Coin (XINDIA)
Where to buy India Coin (XINDIA)
Also read: India Coin Prices Live
1. CoinTiger
CoinTiger is a centralized crypto exchange launched in November 2017 by Frank Ling. It boasts a secure, stable, and high-quality blockchain asset trading platform for digital users. CoinTiger asserts that it is the pioneer among crypto exchanges to use its native TCH token to present an equity mechanism in the market. The platform offers process guidance, tutorials, and investment services to digital users.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | November 2017 |
| Deposit Methods | There are two methods to deposit: 1) Sending through blocks, paying deposit fees 2) Sending through Bixin Pay (free) |
| Deposit Fees | No charges |
| Cryptos Listed | 400+ cryptocurrencies listed |
| Trading Fees | 0.08% maker fees and 0.15% taker fees |
| Fiat Currencies Supported | USD, AED, AUD, BRL, CAD, CHF |
| Trustworthiness | Safe and reliable |
2. HotBit
Hotbit is a global cryptocurrency exchange founded in 2018 by Marcy Boyle. Hotbit has collaborated with notable partners in the blockchain technology industry, such as Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist, to offer traders and investors a secure, stable, and feature-packed trading platform that includes a mobile app and an intuitive user interface.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2018 |
| Deposit Methods | fiat currency and Crypto |
| Deposit Fees | No charges |
| Cryptos Listed | 1,140+ cryptocurrencies listed |
| Trading Fees | Maker fees range between 0.05% and 0.50%, Taker fees range between 0.20% and 0.65% |
| Fiat Currencies Supported | USD, EUR, GBP, RUB, AUD |
| Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy India Coin with a credit or debit card?
Unfortunately, you cannot buy India Coin with a credit or debit card. However, you can buy Tether (USDT) tokens using a credit or debit card, which can then be used to trade in with XINDIA coins.
What will you need to buy India Coin?
The foremost thing you need to buy India Coin is Tether (USDT) tokens. You can use these to trade in Windian coins on crypto exchanges like HotBit and CoinTiger.
You will also need a verified account on a cryptocurrency exchange platform. You would also require a photo ID, proof of address, debit or credit card, and a crypto wallet to store the crypto tokens safely.
What is the easiest way to buy India Coin?
You can easily buy India Coin with USDT (Tether) on crypto exchange platforms such as CoinTiger, or Hotbit. The XINDIA/USDT trading pair is most widely traded on the Hotbit exchange.
Best wallets to store your India Coin (XINDIA)
India Coin can be stored on the exchange where you bought it or transferred to a personal wallet. One of the safest options to store XINDIA is hardware wallets.
Some recommended wallets include
- Metamask
- Exodus
- True Wallet
- Binance Wallet
These wallets provide different features, including web, mobile, and hardware options, DApp accessibility, support for multiple blockchains, and low-fee swaps.
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