How to Buy Bitcoin in Groww App: 2024 Step-by-Step Guide

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## Introduction to Buying Bitcoin on GrowwnnGroww has evolved from a mutual funds platform to a full-fledged investment hub, now including cryptocurrencies like Bitcoin. With its user-friendly interface and robust security, the Groww app makes Bitcoin accessible to beginners and seasoned investors alike. This guide covers everything you need to start your Bitcoin investment journey securely through Groww.nn## Step-by-Step: How to Buy Bitcoin on GrowwnnFollow these simple steps to purchase Bitcoin:nn1. **Download & Install**: Get the Groww app from Google Play Store or Apple App Store.n2. **Sign Up/Log In**: Create an account using your mobile number or email, or log in if you’re an existing user.n3. **Complete KYC**:n – Go to ‘Profile’ → ‘Complete KYC’n – Submit PAN card and address proofn – Enable video verificationn4. **Add Funds**:n – Tap ‘Invest’ → ‘Add Money’n – Choose UPI, bank transfer, or other methodsn – Enter amount (minimum ₹100)n5. **Navigate to Crypto Section**:n – Select ‘Crypto’ from the bottom menun – Search for ‘Bitcoin’ or ‘BTC’n6. **Place Buy Order**:n – Enter investment amount (or Bitcoin quantity)n – Review current price and feesn – Confirm with ‘Buy’ buttonn7. **Track Investment**: View your Bitcoin holdings under ‘Portfolio’ → ‘Crypto’nnTransactions typically complete within 2-5 minutes after payment confirmation.nn## Why Buy Bitcoin Through Groww?nn- **Zero Commission**: No brokerage fees on crypto tradesn- **Beginner-Friendly**: Simple interface with educational resourcesn- **Integrated Portfolio**: Track stocks, mutual funds, and crypto in one placen- **Bank-Level Security**: AES-256 encryption and two-factor authenticationn- **24/7 Trading**: Buy/sell cryptocurrencies anytimenn## Key Considerations Before Buyingnn- **Volatility**: Bitcoin prices can fluctuate significantly dailyn- **Investment Strategy**: Determine your risk tolerance (start small!)n- **Security Measures**:n – Enable biometric loginn – Use strong unique passwordn – Never share OTPsn- **Tax Implications**: Crypto profits taxed at 30% in India (consult a CA)n- **Withdrawal Process**: Sell Bitcoin → Transfer funds to bank (1-2 business days)nn## Groww Bitcoin FAQnn**Q1: Is Bitcoin available 24/7 on Groww?**
A: Yes! Unlike stock markets, you can trade Bitcoin anytime.nn**Q2: What’s the minimum Bitcoin purchase?**
A: You can start with as little as ₹100 worth of Bitcoin.nn**Q3: Can I transfer Bitcoin to external wallets?**
A: Currently, Groww only supports buying/selling – external transfers aren’t available.nn**Q4: Are there hidden charges?**
A: Groww charges 0.5% TDS on sales + GST. No deposit or buying fees.nn**Q5: How is Bitcoin stored on Groww?**
A: Bitcoins are held in secure custodial wallets insured against cyber threats.nn**Q6: What if the app crashes during purchase?**
A: Check ‘Order History’. Failed transactions are refunded within 4 hours.nn## Final Tips for Groww Bitcoin InvestorsnnStart with small test purchases to familiarize yourself with the process. Enable price alerts to monitor market movements, and explore Groww’s ‘Learn’ section for crypto guides. Remember – never invest emergency funds, and always prioritize security with regular password updates. With its seamless interface and regulatory compliance, Groww remains one of India’s safest gateways to Bitcoin investment.nn*Disclaimer: Cryptocurrency investments are subject to market risks. This is not financial advice.*

💼 Secure Your Free $RESOLV Tokens

🚀 The Resolv airdrop is now available!
🔐 No risk, no fees — just a simple registration and claim.
⏳ You have 1 month after signing up to receive your tokens.

🌍 Be an early participant in an emerging project.
💸 Why wait? The next opportunity to grow your assets starts here.

🎯 Claim Now
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