Overview


What is BuyUcoin?


BuyUcoin is an Indian Digital Currency Exchange and Blockchain Wallet service where consumers and traders can transact with multiple digital currencies like Bitcoin, Ethereum, Litecoin, Ripple, NEO and many other popular assets. 

We currently serve more than 200,000 users and handle more than $30m in transactions.

We provide a simple and trusted platform to 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 vice-versa.

  • 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, Digibyte, Qtum, Steem, Ark, Golem, NXT, Cloakcoin, TenX, BAT,  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 link in 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?


  • Upload your Address Proof (AADHAAR Preferred)

  • Upload your PAN Card

  • Upload your Bank Document (The document should contain your Bank Name & IFSC Code, Account Holder Name, Account Number)

  • Wait for a while so that we can get you verified according to our KYC-AML policy.  

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 INR into my wallet?


In order to buy any crypto-currency, you need to add INR into your BuyUcoin wallet. 


Here are the guides to Regular Deposit -


How to buy the 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-


Here's BuyUcoin's Guide to Buying Cryptocurrency  -  CLICK HERE


  • Click on Buy-Sell tab in your BuyUcoin account

  • Select the crypto-currency of your choice from the Drop down menu on the top-right

  • Let's say you want to buy Ripple, select Ripple.

  • On the Buy 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 for the wallet/exchange.

What is the fee for trading cryptocurrency at BuyUcoin?


The fee structure is governed by a maker-taker model of trading exchange.


Maker: A maker is a party whose order exists on the order book before the trade occurs. Makers are incentive because their orders make the liquidity in a market.

Taker: A taker is a party who places an order that matches the makers' order. Takers are the ones who remove this liquidity by taking makers' orders with their own.


Maker fee
Taker fee

0.42%

0.84%



Note- 18% of GST will be added to Maker and Taker fee once the transaction got succeeded fully or partially. the fee is deducted only after the order is completed and will be deducted from the currency that you have received in the respective order.



How much fees do I have to pay?


Here are the guides to Regular Deposit - Regular Deposit


  • INR Deposit Fee :-

    Regular - 0.0%

  • Cryptocurrency Deposit Fee - 0.0%

  • Wallet Storage Fee - 0.0% (Lifetime)

  • INR Withdrawal Fee :-

    Slow - 0.0%

  • Cryptocurrency Withdraw Fee - 

    Network Fee is the charge you pay to miners and varies for all cryptocurrency



How much time do you does it take to process deposit and withdrawals?



Payments will be accepted from the registered account only.

  • INR Deposit Processing Time:-


          Regular Deposit: Minimum Deposit: 100, Processing Time: 11:00 AM -7:00 PM (Monday to Saturday) Except Public                  holidays.


  • INR Withdrawal Processing Time:-

    Duration: 9:00am-6:00pm - Minimum Duration: 48 hours, Maximum Duration: 1 week (Excluding Sundays and Public holidays).


At What the minimum and maximum amount of cryptocurrency I can buy and sell on BuyUcoin?


The minimum and maximum buying and selling amount of different cryptocurrency has been given below - 




Coin Name


Minimum Buying
Maximum Buying

Minimum Selling
Maximum 
Selling

BITCOIN
0.0003
1.5
0.0003
1.0000
ETHEREUM
0.0047            
15
0.0047
6
BITCOIN CASH
0.01
0.4
0.01
0.175
RIPPLE
6.25
20000
3.125
7500
LITECOIN
0.0125
20
0.0125
9
NEM
25
1200
25
350
NEO
0.0375
80
0.0375
25
DASH
0.0037
12
0.0037
3.5
OMISEGO
0.1875
250
0.1875
100
ETHEREUM CLASSIC
0.07
15
0.07
20
QTUM
0.0875
150
0.0875
50
LISK
1
35
1
12.5
MONERO
0.0125
40
0.0125
12.5
STRAT
2
20
2
6
ARK
3
75
3
25
ZCASH
0.005
25
0.005
9
STEEM
5
300
5
100
TENX
8
230
8
75
AUGUR
0.0375
80
0.0375
20
GOLEM
35
1500
35
350
BASIC ATTENTION TOKEN
6.25
18000
6.25
2000
FACTOM
0.4
15
0.4
4
BITSHARES
2.5
10000
2.5
10000
PIVX
0.375
4000
0.375
1250
SIACOIN
50
300000
50
20000
DIGIBYTE
43.75
150000
43.75
10000
CIVIC
35
2200
35
500
DOGECOIN
2500
100000
2500
10000
NXT
6.25
20000
6.25
1500
CLOAKCOIN
1.5
50
1.5
20
DENTACOIN
10000
500000
10000
100000