Cryptocurrency: At present, Indians have invested more than 6 lakh crore rupees in cryptocurrencies. People are increasingly attracted towards this investment option.
Most Indians invest in mutual funds through SIP. Therefore, in crypto also they keep looking for investment opportunities through SIP.
Cryptocurrency: A few years ago Indians used to avoid investing money in mutual funds as well. Things changed in such a way that Indians went ahead in investing money in cryptocurrencies along with mutual funds.
At present, Indians have invested more than Rs 6 lakh crore in cryptocurrencies. People are increasingly attracted towards this investment option. Most Indians invest in mutual funds through SIP. Therefore, in crypto also they keep looking for investment opportunities through SIP.
Indian investors can also invest in the cryptocurrency market through SIP. Or another way is to invest in low-value crypto (like Dogecoin). Here we will give you information about the best available platforms for SIP in crypto.
BitDroplet of BITBNS
To avoid any kind of uncertainty or to be more secure in your investments, you can opt for Systematic Purchase Plan (SPP) in cryptocurrencies (currently offered only for Bitcoin) on the secure platform BitDroplet Huh. This service is similar to SIP in mutual funds or stocks. This platform is operated and developed by BITBNS. From here you can invest in bitcoin and start SIP with as low as Rs.100. This is the daily investment limit. The rest you can invest in a week or even a month.
How to Deposit Money To Deposit Money
to BitDroplet or start a SIP in Bitcoin, you need to go to ‘Wallets’ and click on ‘Deposit Money’. Minimum transfer from BITBNS to Bitdroplet wallet should be 0.01 USDT. Essentially if you don’t have USDT funds, you must first buy them from BITBNS and then transfer it to your BitDroplet wallet.
For Unicoin App
SIP facility, which is called Systematic Buying Plan on this platform, you can invest through Unocoin App. Remember that investment here can be started with less than Rs 50. It is 8 years old company and is India’s first entrant in bitcoin sector based in Bangalore. The company claims to attract over 45 top investors from 5 countries in less than 3 years.
How To Get Started
You have to sign up for Unicoin. After successful registration you will be asked to set a 6 digit passcode and later you will have to answer 6 questions which will need to be remembered for data recovery (if such situation arises). Then the account has to be verified. Here inputs including bank details will be given in KYC. Once the documents are uploaded, you need to click on ‘SBP’. Select cryptocurrency for SBP (Bitcoin or Ether). The mode of investment and amount will also have to be mentioned. Later click on Enable SBP to start with SIP.
Zebpay
This is another platform offering SIP investment in Bitcoin. Download Zebpay App. Complete your KYC. For this you have to upload 2 photos with your bank details and deposit money to start SIP.
