What is bitcoin

What is Bitcoin

Bitcoin is the world’s first cryptocurrency. It was invented by Satoshi Nakamoto in 2009. Using Bitcoin, people can now transfer money anywhere in the world for cheap without needing to trust any third party.

Bitcoin is not illegal in India. Learn more about legality and top global bitcoin regulations here. From million dollar worth Pizzas to breaking all time high records every other year, bitcoin’s history is extremely fascinating. Click here for bitcoin timeline.

You can now buy, sell and trade bitcoins in India. Zebpay is the fastest and easiest way to buy, sell and trade bitcoins. Learn how to buy and sell bitcoin using Zebpay. To make it easy for new users to get started with bitcoins, we have made this playlist with bunch of informational videos for you to enjoy.

videos on bitcoin

know what is bitcoin in 2 minutes
What Is Bitcoin – A Simple Explanation

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Nishith desai associates

Nishith Desai Associates is India’s leading international law firm. They have published above white paper which concludes that bitcoin is legal in India.



Center for Internet and Society

The CIS is India’s leading Internet organization. CIS helped Internet remain neutral in India in the 2015 net neutrality fight. They have published a research post on their website which also states that bitcoin is not illegal under any existing laws.

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RBI and Virtual Currencies

RBI has recently issued communication about discontinuation of services by RBI regulated entities (banks/payment gateways) for purchase and sale of Bitcoin and other virtual currencies. We remain committed to keeping customer funds and assets secure, and are exploring various options. However, sudden disruption in banking services could affect our ability to service deposits and withdrawals, until banking services are restored. Please keep this risk factor in mind while making your investment decisions.