Frequently Asked Questions (FAQ)
What is buyUcoin?
buyUcoin is India’s market leader in Cryptocurrency landscape.
We provide a simple and trusted platform to buy, sell, trade, store, use, and accept an extensive set of around 30 cryptocurrencies while a lot more are waiting to show up.
What does buyUcoin offer?
- buyUcoin allows Indian users to convert cryptocurrency into INR and USD.
- You can buy/sell the following digital assets at buyUcoin-
- Bitcoin, Ripple, Ethereum, Bitcoin Cash, Litecoin, NEO, Dash, OmiseGo, NEM, Monero, Ethereum Classic, Z-cash, Lisk, Stratis, Digibyte, Factom, PivX, Bitshares, Dogecoin, Civic, Dogecoin, Qtum, Steem, Ark, Golem, NXT, Cloakcoin, TenX while a lot more are waiting to show up.
How to get started on buyUcoin?
- Get Started by making an account on buyUcoin.
- To make an account, click on ”Sign Up” at the top-right of the website & fill the registration form.
- You will get the activation (verification) link on your e-mail inbox which you have to click on.
- After you do the registration, you will need to get verified for KYC-AML Compliances.
How to get my buyUcoin account verified instantly?
- Upload your Selfie
- Fill the PAN no. and upload your front PAN Card image
- Now, you may select your desired document to submit for the address verification process.
> Aadhar Card
> Driving License
>Voter Id Card
For Instantly KYC verification choose AADHAR CARD option.
- Enter the Aadhar number and captcha Given.
- Enter the One Time Password (OTP)
- Create a 4 digit share code (anything you want).
- Click on submit. Continue to verify your details.
- Your KYC verification completed within a second.
Why does buyUcoin require my KYC?
- Our team at buyUcoin strictly follows KYC-AML rules.
- Although there are no such guidelines from RBI or any related Government Authority.
- We consider it as our duty to not let cryptocurrencies become a means of unsolicited transactions or money laundering.
How To Add Bank Account?
- Visit this link to ADD your bank account details: https://trade.buyucoin.com/account
- Click on Add new Bank Account
- Fill bank details and submit
- You can set as primary to use the account for transaction.
How to add INR into my wallet?
- Visit this page: INR Deposit and click on Add INR icon.
- Select Payment Option Available
>Bank Transfer
>MobiKwik Wallet - Transfer amount in which provided bank details.
- IMPS/UPI deposits will be added instantly within 10 minutes.
In order to buy any crypto-currency, you need to add INR into your buyUcoin wallet.
How to buy the cryptocurrency coins?
After you get verified at buyUcoin and add INR into your wallet, you can own any cryptocurrency you like by following some simple steps-
- Click on Trade tab (any witch you want to buy cryptocurrency like bitcoin, ethereum, ripple, litecoin, etc.) in your buyUcoin account
- Select the trade option
>USDT to BTC
>INR to BTC - Let’s say you want to buy Ripple, select Ripple.
- On the Trade Ripple menu, enter the amount you want to buy and the desired bid price.
How to send my coins to other wallet address or exchange?
In order to send your cryptocurrency to any paper wallet/hardware wallet/exchange, follow these steps-
- Click on Wallet tab in your buyUcoin Account
- Select the cryptocurrency you want to withdraw/move/send
- Click on Withdraw button present along with the selected cryptocurrency
- Enter the wallet address of the wallet/exchange.
How much fee do I have to pay to buyUcoin?
- INR Deposit Fee — 0.0 %
- Cryptocurrency Deposit Fee — 0.0%
- Wallet Storage Fee — 0.0%
- INR Withdrawal Fee — 0.0%
- Cryptocurrency Withdraw Fee — 0.0% (Network Fee is the charge you pay to miners)
How much time does buyUcoin take to process orders and requests?
- Registration and Verification Processing Time:- Instantly
- INR Deposit Processing Time:- Instantly
- NEFT Transfer — Depends on the time taken by the respective banks to do the transfer
- INR Withdrawal Processing Time:- Instantly
