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HOW TO BUY BITCOIN IN INDIA? (2024) - Beginner tutorial Coindcx Exchange - Eth Shiba Inu Doge MaticBitcoin is NOT illegal in India. However, in Apr' 18, RBI had issued a circular asking banks not to participate in cryptocurrency transactions. There are presently two applications which give you the option to buy and sell bitcoins, and also provide you a safe and secure Bitcoin wallet. Yes, You can do it via Know Your Customer Verified (KYC). You need to submit your personal documents, such as PAN card, address proof, bank.