Introduction:
Bitcoin's trade volume has risen from $44,000 to $48,000 over the past two days. This rapid growth in trading volume underscores the trustworthiness and potential of Bitcoin, demonstrating its capacity for rapid expansion over a short period. Bitcoin is expected to follow a favorable path, with projections indicating its value could reach $77,423 by the end of this year.
Experience the meteoric ascent of Bitcoin since 2014, witnessing its remarkable surge in value. Delve into the factors propelling Bitcoin's upward momentum and discover seamless methods to buy Bitcoin in India. Sign up for a Free Account on Koinpark, deposit fiat currency, and effortlessly purchase Bitcoin via the Koinpark app or website.
Learn why Koinpark stands out as your ultimate destination for BTC to INR transactions on a global cryptocurrency exchange. Gain valuable insights into future predictions regarding Bitcoin's potential growth.
How much has Bitcoin's value grown since 2014 in percentage?
According to the data, the price of Bitcoin has skyrocketed by an impressive 2,054% since 2014, reaching a substantial $16,540.69 as of January 1, 2023. The year-end closing price for Bitcoin (BTC) in Indian Rupees (INR) in 2014 was Rs. 20,137.92. Bitcoin (BTC) experienced an extraordinary surge, reaching its peak on December 17, 2017, at $19,423.58
Why Bitcoin is Rising?
Bitcoin's price received a boost as inflationary pressures in the U.S. eased. The improvement in macroeconomic conditions followed the release of the U.S. Commerce Department's consumption expenditures (PCE) data.
Escalating inflation coupled with the anticipation of additional stimulus is driving individuals towards safe-haven assets. The expanding adoption of cryptocurrency by payment platforms such as Koinpark is democratizing access for a wider demographic. Furthermore, the increasing trend of publicly traded companies investing in Bitcoin signals profound confidence in its long-term appreciation.
How to buy Bitcoin in India?
To buy Bitcoin instantly on Koinpark, please follow the steps outlined below:
Create a Free Account on Koinpark
Deposit Fiat Currency In your Koinpark Wallet
Buy Bitcoin Through Koinpark App
Buy Bitcoin Through Koinpark Website
Create a Free Account on Koinpark
Come and create your account free on Koinpark today! Simply follow the easy steps for identity verification, and best of all, registration is completely free of charge!
Deposit Fiat Currency In your Koinpark Wallet
Before you buy BTC on Koinpark, make sure you have a minimum balance of INR 100 in your Koinpark wallet.
Buy Bitcoin Through Koinpark App
Open the Koinpark app.
Please go to the "Market" section.
At the top of the page, utilize the search bar to locate the token by typing in "BTC."
Please choose the trading pair you want (BTC to INR).
Please click on the "I understand" button.
Please select the "Buy" option by clicking the button.
Please enter the desired quantity of BTC you wish to purchase in the "Amount" section.
Please click the "Buy" button once more.
Please confirm the information regarding your order.
Download the best app for trading cryptocurrency: https://play.google.com/store/search?q=koinpark&c=apps
Buy Bitcoin Through Koinpark Website
Access Koinpark by logging in through your desktop web browser.
Review your order and verify all the order details.
Submit your order.
Visit the website: https://www.koinpark.com/
Why Buy Bitcoin Through Koinpark?
Koinpark is your trusted hub for secure crypto investments and trading. As the best crypto exchange since 2023, Koinpark ensures a swift and comfortable start for newcomers, offering personalized guidance at every turn. Join Koinpark today to have your crypto journey with confidence.
24*7 chat support
Both fiat and crypto wallets are available
People Also Asked How to Buy Bitcoin In India
1) Can I buy Bitcoin at any point of time during the day?
You have the flexibility to buy and sell Bitcoin at any time of the day. Koinpark, the trading platform, operates 24/7, all year round.
2) Can I purchase Bitcoin in India for investment purposes?
Certainly, many people in India choose to invest in Bitcoin. However, it's essential to acknowledge the high volatility of the cryptocurrency market. Therefore, it's wise to conduct thorough research and evaluate your risk tolerance before making any investment decisions.
3) Can I buy Bitcoin for 100 rupees?
To buy Bitcoin on Koinpark, a minimum amount of INR 99 is required, with a transaction fee of 0.25% applied to each purchase order.
4) What are the basic requirements to purchase Bitcoin on Koinpark?
To register on Koinpark (global cryptocurrency exchange), users must provide valid identification proof, a valid email address, a bank account, and a phone number. Once the KYC process is complete, users can commence trading. Koinpark offers a swift registration process, enabling account creation in under 5 minutes.
5) What payment options are available for a Bitcoin purchase on Koinpark?
You can fund your Koinpark wallet through bank transfer.
6) How much should I invest in Bitcoin to start?
Start with an amount you're comfortable with; there's no fixed minimum for investing in Bitcoin.
Future prediction: how much bitcoin will increase?
Bitcoin is expected to experience substantial growth leading up to 2030. Experts agree that Bitcoin's value is poised for an upward trend, forecasting it to reach $77,423 by the conclusion of 2024, $122,688 by 2025, and an impressive $366,935 by 2030.
Based on the typical forecast, Bitcoin is projected to hit $77,423 by the end of 2024, though predictions differ notably among experts. Some foresee a jump to over six figures during the year, whereas more cautious estimates hint at a possible decrease from its current price of approximately $44,000.
