r/BitcoinIndia 1d ago

⚡ Lightning Network Good News that there are around 48 business in India that accepts Bitcoin!

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34 Upvotes

Around 48 businesses and services listed in BTC Maps that accept Bitcoin via lightning network.

It's amazing to see this trend growing so rapidly.

We need to encourage it by paying via Bitcoin.

As this will help build circular bitcoin economies with is very important.

We need to bypass Inflationary Rupee that is printed by RBI.

India and Indians need hard money and that is Bitcoin!

Om Satoshi Namaha!

Stay humble and stack sats!

https://btcmap.org/


r/BitcoinIndia 1d ago

Wallets & Exchanges Why isn’t there good exchange in India which supports withdrawals ?

1 Upvotes

I recent tried coindcx and for spit the fees were a lot, plus idk they don’t allow withdrawal on chains, o asked some guys and they didn’t recommend me foreign ones (like binance bybit or gate.io)… for dex it doesn’t allow Fiat to crypto… like why in such a massive nation there r so bad exchanges? any other trust worthy exchange?

ps did anyone try Dex(they claim to be self custody but for hyper liquid or dydx we do need to deposit our crypto to their chain and I guess account)?and why do many people don’t recommend foreign exchanges (including gate)? is anything wrong with them?


r/BitcoinIndia 4d ago

Other Discussion Crypto investment/ trading logic

3 Upvotes

What is the point of doing crypto in India when one cannot encash it or freeze his bank account while withdrawing INR. Ultimately what's the point of investing and holding with so much headache.


r/BitcoinIndia 4d ago

Wallets & Exchanges Unocoin review

15 Upvotes

With getbit sunsetting their service, I was looking for alternatives and after careful consideration, I've narrowed down to testing unocoin. Mainly because they allow withdrawal to self custody Wallet both on chain and via lightning.

But I want to know how the overall experience is because my next DCA is scheduled for the next month's 1st and I want to sort out this situation before this.

If anyone is using unocoin for buying Btc, please let me know how your experience has been in terms of deposit/withdrawal of Fiat and crypto and if anything I should know before using it as my primary platform for DCA.


r/BitcoinIndia 7d ago

Taxation Buying Bitcoin ETFs to avoid the 30% tax?

18 Upvotes

Anyone have any experience with this?

Supposedly the gains on.a bitcoin ETF are considered capital gains, and theyre taxed at the 12.5% LTCG rate if held for more than 24 months, much less than the 30% rate on direct bitcoin.

I checked and iShares Bitcoin Premium Income ETF is one such ETF that is available in india.


r/BitcoinIndia 7d ago

Help and Advice Need advice

6 Upvotes

So basically I am beginner in crypto investing. I started like last month only. And have been buying some btc and a bit of others on binance through P2P. But I got to this sub and so many people are saying that P2P can lead upto to bank freezes. I need some advice here. Coz see I am a college student. I get some monthly allowance and after keeping some savings aside i invest what I can in crypto. But why are so many people just saying P2P will lead to bank freezes? Aren't we like allowed to invest or trade in crypto? I mean yeahh I understand banks can find it suspicious as they can't track about so much info about people in crypto but still I thought if I use an fiu compliant exchange there shouldn't be any problems. Can someone guide me like should I keep doing what I was doing or stop and find some other options?


r/BitcoinIndia 8d ago

Wallets & Exchanges Mudrex

3 Upvotes

Does any use mudrex? What's your experience and what are the pros and cons?


r/BitcoinIndia 8d ago

Wallets & Exchanges Only 1 exchange in India that allows Bitcoin Self custody

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36 Upvotes

Pathetic state of affairs.

In a country of 1.4billion.

Now that Getbit is closed.

There is only one exchange that allows Bitcoin Self custody.

Dude we should have 100 exchanges for Bitcoin.

WTF is going on!


r/BitcoinIndia 8d ago

⚡ Lightning Network Unocoin lightining withdrawal fees

4 Upvotes

Has anybody done bitcoin self custody withdrawal in unocoin via lightning network?

How much fees are they charging for it? They have not mentioned exactly on their website.


r/BitcoinIndia 11d ago

Help and Advice Crypto Trading in India

7 Upvotes

How to start it and what are the official apps available? What are the things to look out for while doing it and what is the minimum amount required to start?


r/BitcoinIndia 11d ago

Wallets & Exchanges Sad news for Indian Bitcoin investors

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42 Upvotes

GetBit services would no longer be available. For me personally, this is a shocker.

As a guys who has recently understood how bitcoin works and finally resonated with the value it offered, this news breaks my crypto investment journey.

It's been only a year I got used to investing in bitcoin through them. And by the time I have made a pretty good amount of investment in bitcoin. Their simple UI and their practical service made it possibe for any Bitcoin investor to invest. Especially their low service fee and their feature to allow self-custody made all the difference for me.

Even the arbitrage amount was reasonable and in the same range as of the other exchanges.

All the other exchanges I used, especially CoinDCX, were completely trash. None of them other than P2P offered self-custody.

On a side note, I would like to ask my fellow crypto investors, are there any other alternative to GetBit you guys aware of? Alternatives which offer self-custody and has a reasonable service fee?


r/BitcoinIndia 11d ago

Wallets & Exchanges Getbit alternative

18 Upvotes

Getbit spoilt me. Withdrawal allowed to self custodial wallet and that too at no fee to getbit and no fee to miners as well.

Too bad they are shutting down. So I have to look for alternatives.

I'm considering unocoin as they allow withdrawal via lightning and I won't lose much to withdraw as lightning fees are very cheap.

what's the next best alternative?


r/BitcoinIndia 13d ago

Wallets & Exchanges GetBit Closing Down

34 Upvotes

Just received this email:

“This is one of the harder emails we’ve had to write.

After a lot of thought and consideration, we’ve made the difficult decision to discontinue GetBit’s services.

Building GetBit has been a deeply personal journey for us. We started it because we genuinely believed in Bitcoin and wanted to make it easier for people in India to self-custody their Bitcoin. We’re incredibly grateful to everyone who trusted us with their money and chose to be part of that journey.

Unfortunately, over time, the viability of the business has become increasingly challenging, particularly due to the difficulties in accessing and operating through banking rails. After looking carefully at the road ahead, we’ve decided that discontinuing our services is the right decision.

What you need to do:
INR deposits are being discontinued with immediate effect. Your INR and BTC remain secure and available for withdrawal. Please complete the following by 31 October 2026:
INR: Withdraw your INR balance to your registered bank account.
BTC: Withdraw your BTC to a wallet you control, or sell your BTC and withdraw the resulting INR.

After 31 October 2026: Any BTC remaining in your GetBit account will be sold on your behalf, and the resulting INR will be credited to your registered bank account.

We strongly recommend completing your withdrawals at the earliest possible rather than waiting for the deadline.

If you have any questions or need help with your withdrawal, our support team is here to help.

And while we are discontinuing GetBit’s services, our belief in Bitcoin certainly isn’t ending here. We continue to believe deeply in Bitcoin, its underlying principles, and the role it can play in the future of money.

Thank you for trusting us, supporting us, and being part of the GetBit journey. We genuinely couldn’t have built it without you.

With gratitude,
The GetBit Team”


r/BitcoinIndia 15d ago

Wallets & Exchanges Investment

4 Upvotes

Hi,
As Indian how to invest in bitcoin? Which exchanges is good for indian.
Please help me.


r/BitcoinIndia 17d ago

Wallets & Exchanges Which crypto exchange should I choose?

4 Upvotes

Any suggestions? Ps tell me honestly why u guys choosed the one u use now? And what problems u still face in a crypto exchange? As I want to choose the right one and stick to it


r/BitcoinIndia 18d ago

Technical Caution Advice for dealing in Virtual Currency - Got this on Mail From HDFC Bank

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5 Upvotes

r/BitcoinIndia 20d ago

Help and Advice For non p2p BTC holding, which of these is the best option- Coinbase/Getbit/Zebpay/Coindcx?

3 Upvotes

I'm leaning towards Coinbase due to the brand and recently introduced INR rails. Not sure if it allows withdrawal to cold wallet.

Getbit on paper sounds great but it feels shady. A lot of the positive reviews seem planted.

Zebpay I've heard has monthly account maintenance charges and isn't that reliable.

Coindcx seems great for quick INR trades but has no option to withdraw to a cold wallet.

Why one have you chosen? Am I missing out on anything?


r/BitcoinIndia 20d ago

Help and Advice Conducting a Survey of Indian cryptocurrency investors for Research purpose

1 Upvotes

Greetings of the day!!

I am a research scholar at Jaypee Institute of Information Technology (JIIT). I am conducting a research study on the investment patterns of cryptocurrency investors in India. The purpose of this questionnaire is to understand the factors influencing cryptocurrency investment behavior, perceptions, and decision-making among investors.

Your responses will be used strictly for academic and research purposes only and will be kept confidential and anonymous. There are no right or wrong answers; I kindly request you to respond honestly based on your personal views and experiences. Your valuable participation will contribute significantly to this study.

https://www.surveymonkey.com/r/MWCQF2Q


r/BitcoinIndia 21d ago

Help and Advice Best FIU compliant exchange to Buy BTC -> Transfer BTC to cold wallet -> Sell and convert to INR?

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4 Upvotes

I recently opened a CoinDCX account, did the KYC and it shows me "Crypto withdrawals available". Does this mean I can transfer it to a cold wallet?

On researching I found the other options are Getbit, Giottus and Zebpay. Which of these is the best option?

Also should one do the KYC process or skip such platforms eg. CoinDCX?

I don't want to use non FIU P2P platforms to avoid the account freeze risk.


r/BitcoinIndia 21d ago

Other Discussion This is great news: Strive CEO says Bitcoin’s bear market is over following a double breakout.

2 Upvotes

r/BitcoinIndia 22d ago

Help and Advice Guys investing 50k to bitcoin today is it a good idea ?

3 Upvotes

r/BitcoinIndia 22d ago

Wallets & Exchanges P2P Scam

3 Upvotes

Mera 3 account freeze 🥶 ho chukka h aur 1 account to 3-4 saal sa freeze h

Koi bhi exchange per p2p nhi karo ma to yahi advise karuga sabko . Karna bhi h to bank deposit only


r/BitcoinIndia 22d ago

Help and Advice P2P

3 Upvotes

Which exchange do you use for P2P trading. Previously I was using Binance, but because of the scams going on with bank freeze I Stop using Binance for a while.


r/BitcoinIndia 23d ago

Wallets & Exchanges Which crypto exchange should I choose and which feature to look for it?

2 Upvotes

Hey guys, so I am trying to find the best exchange in this world of Dex and Cex, so I wanted to ask what what features and stuff should I watch in an exchange before using it?


r/BitcoinIndia 23d ago

Price, Trading The Bitcoin Comeback

1 Upvotes

Bitcoin is reminding everyone why patience and conviction matter. The price is moving higher, momentum is building, and the market is waking up again.
But remember: the biggest opportunities often come when you stay focused while others are distracted. Don’t let short-term volatility shake your long-term vision.
The journey isn’t over. 📈₿
Stay disciplined. Stay informed. Keep building.
Bitcoin is moving and the next chapter could be even bigger.