How To Buy Crypto Coin In India Safely (Rupee/INR Method)

Buying crypto in India has never been easier. With better regulations, affordable entry points, and global exchanges offering multiple INR-friendly options, beginners can now start safely with as little as ₹100. Still, the right approach matters. This guide breaks down how to buy crypto in India the safe way, using INR, while understanding the rules, risks, and tools that protect your money.

Is It Legal to Buy Crypto in India?

The Current Legal Standing

Crypto trading is legal in India. The Supreme Court lifted the RBI banking restrictions in 2020, allowing banks and exchanges to operate freely again. While India has yet to establish a complete regulatory framework, everyday buying and selling of crypto is allowed. Exchanges can operate, users can hold crypto, and platforms can list crypto assets.

Indian Crypto Tax Rules

Investors must follow India’s tax framework:

• 30 percent tax on profits from crypto trades.
• 1 percent TDS on crypto transactions above ₹50,000 annually.
• 4 percent cess applied to the taxable amount.

These rules make it essential to keep clean records of all trades, deposits, and withdrawals.

What You Need Before Buying Crypto in India

Basic Requirements

You don’t need anything complicated to get started. A valid email or mobile number will do for creating an exchange account. If you plan to deposit INR, make sure your payment method supports UPI, bank transfer, cards, or P2P payments.

KYC Verification

KYC is standard for secure trading. Indian exchanges typically require PAN and Aadhaar. International platforms like MEXC may request a passport or government ID instead. Completing KYC improves withdrawal limits and ensures smooth transactions.

Set Up Security Before Buying

Before you make your first purchase:

• Enable Two-Factor Authentication (Google Authenticator or SMS).
• Use strong, unique passwords.
• Avoid public WiFi while trading or checking your wallet.
• Store recovery codes in offline locations.

These small steps prevent the bulk of account-level hacks.

How to Choose a Safe Crypto Exchange in India

Choosing a trustworthy exchange is the most important decision for new investors. A reliable exchange reduces risk and ensures your trades happen at fair prices.

Key Safety Factors

Look for:

• High liquidity so your orders execute quickly.
• Security systems like cold storage and advanced encryption.
• Transparent fee structures without hidden charges.
• Responsive support and clear policies.

INR Payment Support

Not all platforms accept direct INR deposits, but they typically offer at least one route:

• UPI
• Bank transfer
• Credit or debit cards
• P2P payments
• Stablecoin deposits (USDT/USDC)

Platforms like MEXC offer flexible alternatives when direct INR deposits aren’t available, such as INR-to-USDT P2P trading or card purchases.

Why Many Indian Users Prefer Platforms Like MEXC

For Indian beginners:

• You gain access to thousands of tokens.
• Fees are lower than on many local exchanges.
• Deep liquidity ensures faster fills and fairer pricing.
• Flexible deposit options simplify starting with INR.

While the choice is personal, MEXC’s combination of liquidity, low entry amounts, and security makes it appealing for both new and experienced users.

MEXC Step-by-Step Guide: How To Buy Crypto in India Using INR

1. Create Your MEXC Account

• Go to the official MEXC website or app. You can access the latest version of the MEXC app through the official MEXC download page.
• Sign up with your email or mobile number.
• Set a strong password and store it safely.
• Once logged in, enable 2FA (Google Authenticator recommended). Security first. It only takes 20 seconds and protects your funds.

2. Complete KYC Verification

KYC on MEXC unlocks full access and smooth withdrawals.

• Go to Account → Identity Verification.
• Upload a government ID (passport, Aadhaar, or driver’s license).
• Follow the short face-verification step.

Approval is usually quick. Once verified, you can use higher limits and access more trading features.

3. Add Funds: How Indians Can Use INR on MEXC

MEXC does not currently support direct INR deposits, but you have two reliable INR-friendly methods:

A) P2P INR → USDT (Most Popular for Indian Users)

This is the simplest route.

1. On MEXC, go to Buy Crypto → P2P.
2. Select INR as currency.
3. Choose a verified seller with good ratings.
4. Enter the amount you want to buy.
5. Make the payment using UPI or bank transfer.
6. MEXC’s escrow releases USDT to your wallet once you confirm.

Why this works well

You pay in INR. You receive USDT, which you can use to buy any crypto.

B) Buy Crypto with Debit/Credit Cards

If your bank supports international transactions:

• Go to Buy Crypto → Credit/Debit Card.
• Select the amount and the token (USDT recommended).
• Complete the payment. This is fast, but fees depend on the payment provider.

4. Choose the Crypto You Want to Buy

Once you have USDT in your MEXC account:

• Go to Trade → Spot.
• Search for the coin you want (BTC, ETH, SOL, etc.).
• Select the pair, for example BTC/USDT or ETH/USDT.

MEXC lists thousands of coins, so you have plenty of choices.

5. Place Your First Order

You have two beginner-friendly order types:

Market Order

• Executes instantly at the current price.
• Good for beginners who want a quick purchase.

Limit Order

• You choose the price.
• Order executes when the market hits that price.
• Good for getting better entry points.

Enter the amount, review the fee (MEXC fees are low), and hit Buy.

6. Confirm Your Purchase

• Your purchased coins instantly appear in your Spot Wallet.
• You can hold them, trade them, or move them to a personal wallet.

7. Secure Your Crypto After Buying

For small amounts, the MEXC wallet is fine.
For long-term storage or amounts above ₹50,000:

• Move funds to a hot wallet (Trust Wallet, MetaMask).
• Or use a cold hardware wallet (Ledger, Trezor) for top security.

Enable withdrawal passwords and anti-phishing codes inside MEXC for extra safety.

How To Avoid Scams While Buying Crypto in India

Crypto scams are common, but easy to avoid if you follow basic safety rules.

Common Red Flags

• Guaranteed returns or “risk-free” schemes
• Fake Telegram or WhatsApp groups posing as support
• Fake UPI payment links
• People asking for your OTP, 2FA code, or wallet seed phrase

Proven Safety Practices

• Only buy through verified exchanges with escrow protection
• Never transfer funds to personal accounts unless through authorized P2P systems
• Double-check platform URLs
• Keep your device free of malware
• Never share your private keys

If something feels rushed or forced, step back and verify.

Conclusion: Start Smart, Stay Safe, and Grow Gradually

Buying crypto in India using INR is simple when you follow a structured approach. The key is choosing a secure exchange, using safe payment options, and understanding how to protect your assets. Start with small investments, learn the tools, and upgrade to stronger wallet options as your portfolio grows.

If you’re ready to explore thousands of tokens with low fees, fast execution, and flexible INR-friendly deposit methods, platforms like MEXC offer a solid starting point. Just take it step-by-step, and make safety the focus.

FAQs: Buying Crypto in India Safely

1. Can beginners start with ₹100?

Yes. Crypto is divisible, so you can buy small amounts of Bitcoin, Ethereum, or other coins.

2. Do I need a PAN or Aadhaar for KYC?

Indian exchanges require them. International exchanges usually accept a passport or government ID.

3. Which crypto should a beginner start with?

Bitcoin, Ethereum, and stablecoins like USDT are popular starting points because of their liquidity and stability.

4. Is it safe to buy crypto through P2P in India?

Yes, as long as you use a reputable exchange with an escrow system.

5. How fast can I withdraw money from an exchange?

Instant to a few hours depending on the platform, your KYC level, and the withdrawal method.

Disclaimer: The information provided in this article is for educational and informational purposes only. It does not constitute financial, investment, or trading advice, and should not be interpreted as an endorsement of any specific project, product, or service. Always conduct your own research and consult with a qualified financial professional before making investment or trading decisions.