How to create bitcoin account?
Bitcoin is among the most popular cryptocurrencies and more and more people are involving themselves with it every day around the world. Bitcoins can be bought from online platforms which can be collected in the bitcoin wallets such as Unocoin, Bitxoxo, Coinbase, and Zebpay. You can choose your wallet on the basis of their utility areas, security features etc. You can also accept bitcoins from another bitcoin account holder from any part of the world.
Unocoin is India’s most popular free bitcoin account where you can open bitcoin account and buy, sell or trade bitcoins. You can also transfer your funds to your bank account by linking your bank account to bitcoin account.
Here are a few documents that you will need for bitcoin account sign up:
- Scanned copy PAN card and Aadhar card or driving license or voter ID card.
- Scanned passport size photo
- Scanned copy of address proof such as Aadhar card or driving license or voter ID card or electricity bill.
You only need to follow these simple steps to create bitcoin account on Unocoin (taken as a sample exchange).
Go to www.unocoin.com and click on “Registration”
Enter your email ID and set a strong password using a combination of letters, numbers and symbols. Back up your password so that you do not have trouble to log into your account in case you forget the password.
A verification mail will be sent to you. To verify your email address log into your email account, open the mail sent to you by Unocoin, and then click on “Verify” or follow the link as directed by the mail.
You will be directed to the Unocoin website where you need to accept the terms and conditions by clicking on the “I accept” or “I agree” option.
Now fill up carefully the name, PAN card number and address section. Your full name and address will be required.
Then carefully upload all required documents one by one. On successful submission of the documents you will receive call in 2-3 working days from Unocoin executives who will further ask you questions to verify the authenticity of the submitted documents. Your account shall be activated within one hour on the completion of the verification process.
After your account is activated, you have to link your bank account to the Unocoin account. Fill in your bank details in the sections.
This is just a template for account creation. While there are variables, the process of creating your account will be largely similar across other exchanges as well. Now your bitcoin account is successfully created and you can use your password for bitcoin account login any time.
You can now buy, sell or trade bitcoins through your free bitcoin account when you have bitcoins. Presently the value of the bitcoins has been hiked very much so most of the people can afford to buy a fraction of it. Other wallets are also available but it is advisable to go for offline wallets or cold wallets that store your bitcoins offline by creating bitcoin private keys. There is very low scope of theft or malware in these cases.