Under the Prevention of Money Laundering Act (PMLA), you must verify your identity before trading. How To Buy Bitcoin (BTC) In India? [2026] | WazirX Blog
Buying cryptocurrency in India is legal but involves a strictly regulated framework focused on taxation and identity verification. Since 2023, all crypto service providers must register with the to operate legally in the country. 1. Choose a Compliant Exchange how to buy cryptocurrency in india
Select a platform that is registered with the FIU-IND. These platforms handle mandatory tax reporting and identity checks. Under the Prevention of Money Laundering Act (PMLA),
: Binance and KuCoin also operate in India after fulfilling local registration requirements. 2. Complete Mandatory KYC how to buy cryptocurrency in india