Home Cryptocurrency BuyUCoin Review 2021. Is BuyUCoin Safe ?

BuyUCoin Review 2021. Is BuyUCoin Safe ?

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Buyucoin is the first and foremost online platform in India for the exchange of Bitcoin and altcoins. It gives the users a great experience of effective trading. It creates a link between the world of internet and the crypto currency users so that they can be able to exchange their valuable crypto currencies. It simply permits millions of Indian users to have crypto currencies in their pockets.

 

BuyUCoin offers a unique wallet, which lets the users perform trading (buying or selling) of 18 different types of tokens, altcoins and crypto currencies such as BTC or Bitcoins, LTC or Litecoins, BCC or Bitcoin cash, ETH or Ethereums and so on. The outputs of such trading will be usually in INR or Indian Rupees.

 

 

 

 

The major currency involved in this platform is the bitcoin, which is nothing but a type of digital currency. The competitors of BuyUCoin include Coinigy, Bitso, and Coinsecure and so on. When a user wishes to withdraw Indian rupees to his bank account, he must raise a wallet page request. After that, needed to enter the withdrawal amount.

 

Crypto Currencies Supported by BuyUCoin:

Crypto currencies are nothing but a type of digital or electronic currencies, which are built to operate as a medium of exchange for secure transactions. Buyucoin uses the following crypto currencies:

  • Bitcoin (BTC)
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Bitcoin cash (BCC)
  • Ripple (XRP)
  • Antshare (NEO)
  • NEM
  • Quantum (QTUM)
  • Ethereum Classic (ETC)
  • Dash
  • Stratis (STRAT)
  • Monero (XMR)
  • STEEM
  • Zcash (ZEC)
  • GOLEM (GNT)
  • Augur (REP)
  • Factom (FCT)
  • Lisk (LSK).

 

History of Buyucoin:

It was founded in 2016 by three bitcoin enthusiasts. It contains a user base of around more than 15,000 and transactions of around 60,000. Shivam Thakral is the Founder as well as the Chief Executive Officer (CEO) of this platform. Kanishk Agarwal and Devesh Agarwal are the two co – founders along with Shivam Thakral.

 

Steps to use Buyucoin.com:

 

Unique features of Buyucoin:

  • It is very simple and is easy to register and use.
  • It ensures safety and security to the crypto currencies holded by the traders.
  • It offers a distinct wallet that is used for the storage of crypto currencies.
  • It delivers the best rates in the crypto currency market.
  • The users of this platform can be able to deposit or transfer funds at any instant of time.
  • It does not impose any charges upon the usage and transactions.
  • It avoids hacking of a user’s account by some other users.
  • It allows transactions (withdrawal of funds) at a high speed.
  • The users can make use of a professional support team, which is responsible for solving the users’ queries.
  • It offers several referral programs, through which the users (traders) can earn an extra income.

 

Process of Creating Account:

The following are the two kinds of verification involved in account creation at BuyUcoin:

  • Mobile number verification
  • E – mail id verification.

Normally, the verification process will take less than one working day.

 

Documents needed for the KYC-Verification:

  • Aadhar card
  • PAN card
  • Bank account details.

 

Types of fund transfers associated with Buyucoin:

  • NEFT
  • IMPS
  • RTGS

 

Available Payment options:

The payments can be done via the following:

  • Debit card
  • Credit card
  • Net banking

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