Bitcoin basics
Bitcoin is digital money that no single company or government issues. It runs on a public network maintained by thousands of computers worldwide. There will only ever be 21 million bitcoin, and that limit is fixed in the software.
Each bitcoin divides into 100 million smaller units called satoshis, so you never have to buy a whole coin. Buying ₹10 of Bitcoin simply gives you a small number of satoshis. On the home page, the ₹10 calculator shows exactly how many, at the live price.
Why people hold it
- A supply that cannot be inflated, unlike currencies that can be printed.
- You can send it globally in minutes, and over the Lightning Network in under a second.
- You can hold it yourself, without needing a bank's permission.
Bitcoin is volatile. Its price can rise or fall sharply. Only commit what you can hold through the swings.
For how a Systematic Buying Plan works, read the Bitcoin SIP guide.
Security & self-custody
Two things keep your Bitcoin safe: the platform's security, and your own habits.
On the platform
IndiaBitcoin, powered by Unocoin, keeps 95% of assets in cold storage, offline and away from the internet, with multi-signature wallets and regular security audits. It has operated since 2013.
Self-custody: your keys, your coins
Self-custody means moving your Bitcoin to a wallet whose keys only you hold. You can move Bitcoin off the platform to your own wallet anytime with zero-fee transfers. If you self-custody, protect your recovery phrase: write it down offline, never share it, and never type it into a website or message.
- Turn on two-factor authentication on your account.
- Never share your OTP, password, or recovery phrase with anyone, including support.
- Be wary of anyone promising guaranteed returns. No one can guarantee Bitcoin's price.
For India's crypto tax rules, read the India crypto tax guide.
Ready to start?
Create a free account with your mobile number and start a Systematic Buying Plan from ₹10.
Get started on UnocoinRisk: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.