Buy Bytecoin in India

Note: Bytecoin is not yet live for trading, but we would add it soon. Till then, sign up and explore seamless trading at BNS.

Simple Steps to Buy Bytecoin (BCN) in India

  1. Investors can simply 'Sign Up' with their email ID and will need to enter a password, as well as confirm their email address with the link sent. (Remember to look in spam folder).

  2. Investors will be asked to activate 2FA (2-factor Authentication) with the Google Authenticator app, which will help secure their account.

  3. For identity verification purpose investors are supposed to submit PAN Card, Aadhar Card photocopies.

  4. After completion of verification process (takes only 30 minutes) you can login to the site and start purchasing BCN.

  5. Transfer of Bytecoin (BCN) from/into Bitbns account to other wallets is also possible within 10 minutes on the Bitbns website/app.

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About Bytecoin (BCN):

Bytecoin, also called abbreviated BCN, is a cryptocurrency, launched in July 2012. It differs from other cryptocurrencies by its design. This is the first alternative currency based on CryptoNote technology. It is completely anonymous and offers the advantage of allowing the use of ring signatures and single-use cryptocurrency addresses. Another feature that distinguishes it from Bitcoin and other alternatives is that it is not designed from a hard fork of Bitcoin code. Bytecoin was encoded from scratch.

According to its creators, Bytecoin is not just an anonymous alternative currency. It is also the first to be adapted to the use of the company. With Bytecoin, instant international payments are free. Its network works as fast as your internet connection. It should be noted, however, that each payment requires cryptographic confirmation, which may take some time. On average, claims are processed in less than two minutes.

Bytecoin Characteristics:

Instant international payments without fees: Bytecoin network works as fast as the Internet. Your payments will take a little time to process because the payments require cryptographic confirmation. Bytecoin claims that transactions can be processed in about 2 minutes.

Security: Bytecoin ‘protects the user's money with the safest and most modern cryptographic algorithms' that 'are impossible to hack’.

To ensure its users a high security and thus protect their money, Bytecoin uses cryptographic algorithms among the safest and no less modern. The creators of this alternative currency ensure that their system is impossible to hack. This is why each user is the only one to have access to their own wallet.

When it comes to protecting data and private information, Bytecoin says it's simply not possible to get information about your transactions and the balance of your wallet unless you reveal that information yourself.

About Bitbns

Bitbns is a trading platform that offers investors access to the global financial crypto markets. Bitbns offers comprehensive API and supporting tools on its mobile (iOS and Android) platform too. The first ever trading platform that is striving in following stringent Wallet, System, Trading Engine and Communication Security practises.