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How to Start a Bitcoin SIP in India: Step-by-Step for Beginners
How to Start a Bitcoin SIP in India: Step-by-Step for Beginners

Economic Times

time4 days ago

  • Business
  • Economic Times

How to Start a Bitcoin SIP in India: Step-by-Step for Beginners

Live Events Sign Up: Download the Mudrex app and create your account. Complete KYC: Upload your PAN and ID proof. This takes just a few minutes. Add Funds: Add funds to your Mudrex wallet using UPI, bank transfer, or net banking. Choose Your Investment: Head over to the coins section and choose the crypto you'd like to start an SIP for. Tap on 'buy' and choose the option labelled 'recurring'. Set SIP Frequency: Choose how often to invest (e.g., weekly, monthly, or daily), how much you'd like to invest each time, and the day of the month/week you want to invest on. Start Your SIP: Pay the initial investment amount using your preferred payment method, and your crypto SIP is done. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The hardest part of crypto investing is not just the price going up and down. It is beating the fear and confusion that come from sudden changes and the worry of losing money by picking the wrong time to buy or fear makes many beginners freeze and do nothing, or make quick decisions that cause get can start a SIP in crypto with as little as ₹100. Many platforms offer daily, weekly, or monthly options, making it easy to invest regularly. Apps like Mudrex help automate the process.A Crypto SIP (Systematic Investment Plan) lets you invest a fixed amount in cryptocurrencies like Bitcoin, Ethereum, or Coin Sets, which is a basket of tokens at regular of it like your regular SIP in mutual funds. Instead of investing in stocks or bonds, you're investing in digital assets. A Bitcoin SIP investment means you're buying small portions of Bitcoin over time instead of putting all your money in at helps reduce risk and avoid panic during market ups and say you want to start a SIP in Bitcoin for ₹1,000 every month. You don't need to worry about the price of Bitcoin going up or down each day. The platform will automatically buy Bitcoin worth ₹1,000 for you every the price is low, you get more Bitcoin. When the price is high, you get less. Over time, this helps you average out the cost—this is called dollar-cost averaging or even rupee-cost averaging based on what currency you a smart way to build your Bitcoin investment without a Crypto SIP in India is very easy. Platforms like Mudrex are trusted, beginner-friendly, and offer various options like Bitcoin SIP, ETH SIP, and how you can get started on a secure platform like what makes a SIP in cryptocurrency different? Here's a simple breakdown:The crypto market is risky, but it can also bring bigger gains. Coins like Bitcoin and Ethereum have given very high returns in the past. While traditional SIPs usually give 10-15% yearly returns, crypto SIP returns in India can be much higher, though not don't need lakhs of rupees to invest in Bitcoin. With a bitcoin SIP app, you can invest in tiny parts of a coin; even ₹500 is enough. That's hard to do with many traditional markets are open only during the day, Monday to Friday. But crypto SIP platforms in India like Mudrex let you invest anytime, day or night, even on Sundays!Some people use crypto, especially Bitcoin, as a way to protect their money from inflation. Since the supply of coins like Bitcoin is fixed, they might hold value better over time than regular investing doesn't have to be scary. If you're someone who wants to start small and invest wisely, a Bitcoin SIP or Crypto SIP is the best first a trusted platform like Mudrex , you can easily start your SIP in crypto in India, track your returns, and build wealth over time. Whether you're looking for the best app for Bitcoin SIP or want to know how to do SIP in Bitcoin in India, this is your starting point.

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