How to Buy Bitcoin on Groww App in India

Buying Bitcoin through the Groww app in India is a straightforward process that involves a few key steps. Groww, a popular investment platform, has recently added cryptocurrency trading to its offerings, allowing users to buy, sell, and hold Bitcoin and other cryptocurrencies directly from the app. Here’s a step-by-step guide on how to purchase Bitcoin on Groww:

1. Download and Set Up the Groww App:
   To get started, you need to download the Groww app from the Google Play Store or Apple App Store. Once downloaded, open the app and sign up using your mobile number and email address. You will be required to complete KYC (Know Your Customer) verification, which involves submitting your PAN card, Aadhar card, and a selfie for identity verification.

2. Add Funds to Your Groww Account:
   Before buying Bitcoin, you need to add funds to your Groww account. Go to the "Account" section and choose "Add Funds." You can transfer money from your bank account using various payment methods like UPI, NEFT, or RTGS. Ensure that your account has sufficient balance before proceeding with the purchase.

3. Navigate to the Cryptocurrency Section:
   Once your account is funded, navigate to the cryptocurrency section of the Groww app. This can be found in the main menu or under the "Invest" tab. Here, you will see a list of available cryptocurrencies, including Bitcoin.

4. Select Bitcoin (BTC):
   Click on Bitcoin from the list of cryptocurrencies. You will be directed to a page where you can view the current price of Bitcoin, historical data, and other relevant information.

5. Choose the Amount of Bitcoin to Buy:
   Enter the amount of Bitcoin you wish to purchase. You can either specify the amount in Bitcoin or in your local currency (INR). The app will automatically calculate the equivalent amount in the other currency.

6. Review Your Purchase:
   Before confirming your purchase, review the details such as the amount of Bitcoin, the total cost, and any applicable fees. Make sure all details are correct.

7. Complete the Purchase:
   Once you’ve reviewed the details, proceed to confirm the purchase. You may be required to enter your transaction PIN or authenticate the transaction using your registered mobile number.

8. Check Your Bitcoin Balance:
   After the purchase is completed, your Bitcoin will be credited to your Groww wallet. You can check your Bitcoin balance and transaction history in the "Portfolio" section of the app.

9. Secure Your Investment:
   To ensure the security of your investment, enable two-factor authentication (2FA) on your Groww account and regularly monitor your account for any suspicious activity.

By following these steps, you can easily buy Bitcoin on the Groww app and start your journey into cryptocurrency investment. Always remember to stay informed about market trends and consider consulting with a financial advisor before making significant investment decisions.

Note: Cryptocurrency investments carry risks and it is important to do thorough research before investing.