How to Buy steem in India? Beginners Guide.

Hello guys,

As there are crypto ban speculations going in India, many exchanges are closed and there is no way to buy the crypto directly with Indian rupees. So here I am giving steps to follow easily to buy steem and powerup.

First you need to have Wazrix exchange account. You can sign up by using below link.

https://wazirx.com/invite/96h2e8s8

Here you can buy USD with your INR directly from the merchant with P2P service. So there is no problem for you with government as you are not buying cryptocurrency with INR. You need to check the price and put an order to buy. The exchange will release the USD once they confirmed the order.

After get deposit of the USD, you can use it to buy BITCOIN on the exchange checking the sell orders. You can buy steem also but it's not possible to send here on steem blockchain and power up. You can only trade it in the exchange. So I advice to buy bitcoin if you are buying steem to power up or to keep liquid steem on blockchain.

After buying the bitcoin on the wazrix, you need to sign in to your account on @blocktrades. Here you will get bitcoin wallet address to deposit bitcoin from wazrix to blocktrades where you can convert it in to steem. After signing in to the account, enter how much bitcoin you want to exchange for the steem. Follow the instructions and enter the steem deposit address which means directly your steem username.

After it asks for the receive address of bitcoin, which means bitcoin wallet address provided by the @blocktrades.

Here you can copy the wallet address and enter in to the wazrix bitcoin withdraw address.

After the transcation complete , your bitcoin will appear on the blocktrades account and you need to confirm the transcation.

The converted steem will be appears on your steemit wallet. Now you can either powerup or keep it on liquid.

That's how you can buy steem in India , without violating any legal rules and binding to the regulations to have smooth buying experience.

Thank you.

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