No, Bitcoin or other cryptocurrencies cannot be bought on Kite. The current legal implications of trading cryptocurrency in India are ambiguous. Since Zerodha is a SEBI registered entity, only products explicitly approved by SEBI can be offered.
Top Crypto Exchanges and Apps in India for 2025 WazirX. WazirX remains one of the most popular crypto exchanges in India, known for its user-friendly platform and integration with global markets. CoinDCX. ZebPay. Bitbns. Binance. Koinex. Coinswitch Kuber. Unocoin.
Most commonly, however, bitcoin is bought through a cryptocurrency exchange. Crypto exchanges are versatile platforms that offer a range of features, enabling investors to buy, sell or hold cryptocurrencies and other cryptoassets. There are two different types of crypto exchange: centralised and decentralised.
Bitcoin as well as all other cryptocurrencies are legal in India with the Supreme Court ruling in favour of cryptocurrencies, lifting a ban imposed by the Reserve Bank of India (RBI) prior.
Trading In Crypto In India There are two distinct ways to sell and buy cryptocurrencies in India — using exchanges and using CFDs (Contracts for Differences). If you want to take advantage of the market volatility for speculation and fast earnings, then CFDs are the perfect platform.
How to Buy Bitcoins in India Directly? To buy Bitcoins in India directly, you can engage in P2P (Peer to Peer) trade. If there's somebody you know who already has Bitcoin, you can buy directly from them. You can use decentralized exchanges to connect with a seller and buy Bitcoin from them.
A report from LUNU News states that Binance “previously commanded an impressive 90% share of India's estimated $4 billion cryptocurrency holdings.” Thus, re-entry into India's crypto market will assuredly provide a powerful ongoing revenue source for Binance.
There are 4 Bitcoin address formats you will commonly see being used on the Bitcoin network today: Legacy (P2PKH), Nested SegWit (P2SH), Native SegWit (P2WPKH), and Taproot (P2TR).
Bitcoin wallet addresses have between 26 and 35 characters and consist of both letters and numbers. They start with either "1," "3," or "bc1." Here's an example of a Bitcoin address: 1Lbcfr7sAHTD9CgdQo3HTMTkV8LK4ZnX71.
To send cryptocurrency to another user's wallet, you'll have to enter their wallet address, either by copy-pasting it into your wallet app's "send" field or by scanning a QR code the recipient provides.