Recently Mobikwik entered into a partnership with BuyUcoin, courtesy of which - now 100 Million+ Indian Wallet owners can buy cryptocurrency directly with a credit card, bank account, and wallet.
Little About MobiKwik
Mobikwik is a mobile payment platform that has approximately 107 million users, with 3 million merchant users and 200+ million billers. Its service has also online prepaid mobile recharge, postpaid bill payment, gas, water, electricity, landline bill payment, Bhim UPI, and money transfer. MobiKwik taking a step further, which allows 100 million Indian users to buy cryptocurrency.
Little About BuyUcoin
BuyUcoin is a digital currency exchange and blockchain wallet service provider headquartered in New Delhi, India. It was founded by Shivam Thakral, Devesh Aggrawal, and Atulya Bhatt in 2016. BuyUcoin gives services in buy cryptocurrencies like bitcoin (BTC), ethereum (ETH), ripple (XRP), litecoin (LTC), and many more 40+ Digital Coin.
There are two types of integration that we would do with Mobikwik, “Shivam Thakral, CEO of Buyucoin shared with news.Bitcoin.com, adding that they will be done in two steps. First, “We ‘re incorporating the Mobikwik payment gateway service into our network, which will include Mobikwik Wallet as a payment choice,” said the CEO. “Their 100 million users will directly buy cryptocurrency on the Buyucoin platform using money from Mobikwik Wallet.
How to Buy Cryptocurrency Using MobiKwik Wallet?
There are 5 simple steps to purchase cryptocurrency using MobiKwik Wallet. According to Bitcoin news, Mobikwik to Offer 100 Million Indian Users Direct Cryptocurrency Trading Via Buyucoin Integration.
Steps for buy cryptocurrency
- Open account, or sign in into BuyUcoin
2. Add the amount in buyucoin wallet through MobiKwik
Once your amount is successfully deposited in your buyucoin wallet then you should follow below these steps to buy cryptocurrency instantly using MobiKwik wallet balance.
3. Open all market list
For example, if you want to buy Bitcoin (BTC) then you should go with the INR-BTC option.
4. Click on the buy option and enter the Price, amount (volume), and then select the buy BTC option.
Buy bitcoin (BTC) with MobiKwik wallet
5. Place and Confirm the buying order
Once you successfully confirm the order, you have successfully purchased the cryptocurrency using Mobikwik Wallet.
Also, you can buy cryptocurrency with a credit card using MobiKwik. read full article on how you can buy cryptocurrency with credit card?