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

Introduction: Buying Bitcoin Made Simple with Dhan

As cryptocurrency adoption surges in India, Dhan has emerged as a trusted platform for seamless Bitcoin investments. This comprehensive guide walks you through exactly how to buy Bitcoin in Dhan app – from installation to your first purchase. Whether you’re a new investor or seasoned trader, Dhan’s intuitive interface and robust security make entering the crypto market straightforward.

Step-by-Step: How to Buy Bitcoin on Dhan App

1. Download & Install: Get Dhan from Google Play Store or Apple App Store. Launch and sign up using your mobile number.
2. Complete KYC: Submit PAN card and Aadhaar details under ‘Profile Verification’. Approval typically takes 24-48 hours.
3. Fund Your Account: Navigate to ‘Funds’ > ‘Add Money’. Deposit INR via UPI, bank transfer, or other methods. Minimum deposit: ₹100.
4. Access Crypto Section: Tap ‘Discover’ > ‘Crypto’ from the bottom menu. Select ‘Bitcoin’ from listed cryptocurrencies.
5. Place Your Order: Choose ‘Buy’, enter amount in INR or BTC quantity. Review fees and confirm. Market orders execute instantly at current prices.
6. Secure Your Bitcoin: After purchase, store BTC in Dhan’s built-in wallet or transfer to external wallets like Trust Wallet for added security.

Why Buy Bitcoin Through Dhan App?

• Low Fees: 0.25% trading fee per transaction – among India’s most competitive rates
• Real-Time Tracking: Live price charts and portfolio monitoring tools
• Integrated Wallet: Encrypted storage with multi-layer security protocols
• Beginner-Friendly: Simple UI with one-tap buying and educational resources
• 24/7 Support: Instant chat assistance for transaction issues

Pro Tips for Buying Bitcoin on Dhan

• Enable two-factor authentication (2FA) in app settings for account security
• Start with small investments (₹500-₹1,000) to test the platform
• Set price alerts to buy during market dips
• Diversify with other cryptocurrencies like Ethereum available on Dhan
• Regularly update the app for latest security patches

FAQs: Buying Bitcoin in Dhan App

What are Dhan’s Bitcoin trading hours?

Crypto trading operates 24/7, including weekends and holidays.

Can I withdraw Bitcoin to another wallet?

Yes! Go to ‘Crypto Wallet’ > ‘Withdraw’ and enter external wallet address. Withdrawals may take 15-30 minutes.

Are there deposit limits for Bitcoin purchases?

Minimum buy: ₹100. Maximum varies by KYC level – basic KYC allows up to ₹1 lakh daily.

How are Bitcoin profits taxed on Dhan?

All crypto gains are subject to 30% tax + 4% cess under Indian law. Dhan provides P&L statements for filing.

Is Dhan regulated for crypto trading?

Dhan operates under SEBI-registered brokerage framework with compliant crypto operations adhering to Indian regulations.

Ready to start your Bitcoin journey? Download Dhan today and join millions of Indians investing in the future of finance. Always remember: cryptocurrency investments carry risk – only invest what you can afford to lose.