Buy Divi Coin in India — Step by Step guide for beginners
How to Buy Divi Coin in India?
What is Divi Coin?
DIVI is a blockchain project that intends to expedite digital currency adoption. In keeping with its slogan of “crypto made easy,” Divi aims to make using cryptocurrencies a simple, frictionless process, thereby making digital assets more accessible to average consumers. Divi claims to be able to accomplish this by putting the technical nuances of the blockchain technology behind the scenes while providing users with a simple, intuitive user experience that is consistent across all Divi apps.
According to Divi, the combination of its innovative blockchain technology and its simple Smart Wallet makes bitcoin transactions faster, cheaper, and easier to use — with an emphasis on decreasing the risk of user errors. Divi users can set up a masternode with its own one-click masternode installation known as MOCCI to help safeguard the Divi ecosystem and participate in the transaction validation process while earning rewards.
Since its inception in September 2018, the Divi project has received a slew of plaudits, including third place in the 2018 “Token Tank” event at World Crypto Con in Las Vegas, as well as being named the finest master node platform by Omni Analytics, trailing only Dash and PIVX.
Key elements of Divi Coin include:
- Masternodes Made Easy: Our 100% Masternode PoS technology is unrivalled. Anyone, regardless of technical competence, can create a master node at home or in the cloud by clicking. It’s like Uber for your machine, and anyone can earn money by joining the Divi network and assisting it. Using this technology, we build a solid network for DIVI transactions.
- User-Friendly Smart Wallet: With our new blockchain, we will socialise and humanise financial interactions by disguising the “crypto” behind a lovely user experience. In our “Smart Wallet,” the “pain points” that impede regular people from being enthused about cryptocurrencies will be eradicated.
- Mass Adoption of Digital Currencies: We believe that cryptocurrencies will displace conventional monetary arrangements in an unstoppable wave. While this phase takes many years, the benefits to users are unavoidable. The technical roadmap and marketing strategy of Divi is planned to take us to the forefront, as we generate tens of trillions of dollars of new wealth.
How to Buy Divi Coin?
One can buy DIVI Coin in India by using the platform of BuyUcoin. It is a 4-step process. For opening a digital wallet, one has to register an account. Then one has to complete the KYC process, then users need to follow a Google 2-step verification followed by entering the bank details, then you can start trading in DIVI.
Buy Divi Coin in India — Step by Step Guide For Beginners
BuyUcoin is an exchange that provides buying and selling Divi Coin in India as well as other cryptocurrencies. Below is a step by step guide to buying Divi Coin via BuyUcoin:
Step 1 — Open a Digital Wallet
A digital wallet houses your cryptocurrencies and uses blockchain technology to communicate with other citizens. It is important to make in-depth research before you decide what one is best for you, however, there are several providers of digital wallets. Today, BuyUcoin’s the leading digital wallet provider.
Step 2 — Register & Open an Account
When you enter the BuyUcoin/Signup account, register and open a service account. Choose your person or company form of account. Choose your country and adhere to the terms and conditions of your crypto-trading account.
For the Indian jurisdiction, KYC and AML are compulsory. Your data are secure and encrypted and stored only in Indian data centres. To complete your KYC, you are redirected to another URL. With your last selfie, please be ready. Pictures of your pan card will be required. The mobile number connected to your Adhar is important.
Step 4-Google 2 step Verification
To use 2FA, the Authenticator app must be enabled on your smartphone or tablet. If enabled, any time you log in to your BuyUcoin account, you will be asked to include a 6- digit one-time password with your email and password. This only functions when an email and password are entered.
Step 5-Add Bank details
Add your name credentials, the account name of the holder and the IFSC code information.
Trade Divi Coin
DIVI can now be purchased and traded on a few exchange platforms, the most popular of which is BuyUcoin. Divi is based on a custom-designed proof-of-stake (POS) blockchain that secures the network through a combination of master nodes and individual staking.
Under the cap, Divi is fed by a master node network and “MOCCI” has been created, which means a single click installer that can easily participate in the network as a master node for someone with little technical knowledge
Can I Use Regular Money to Buy Divi Coin?
Yes, you can use regular money or any fiat currencies such as INR in India to buy Divi Coin where Divi Coin can be stored in your wallet. With a single click, you can buy or sell DIVI or your desirable cryptocurrencies without any hidden transaction fees using one of India’s leading cryptocurrency exchanges BuyUcoin.
Getting a Divi Coin Wallet
BuyUcoin is a multi-currency crypto wallet where Divi coin can be stored with high-end security features where cold storage wallets are used. You can use BuyUcoin wallets to access and store your digital assets. Your wallet is in your possession. A digital wallet is nothing more than a tool for storing and managing your digital assets and currencies. This is because you, not your wallet, are in charge of your money. They’re just a way of regaining control over what’s rightfully yours.
Divi Coin Exchanges
If you wish to buy DIVI via an exchange then BuyUcoin is a good choice. You can even buy the DIVI Coin using your debit card. BuyUcoin asks for your ID and address when you register. This complies with anti-money laundering (AML) regulations and is familiar with your customer’s regulations (KYC).
The Divi exchange token (DIVI) is an Ethereum platform cryptocurrency. Divi Exchange Token currently has 6,171,606,73854902 supplies in circulation, with a volume of 801,973,77646382. Divi Exchange Token’s last known price is₹2.91 INR and it has been 0.00 in the last 24 hours.
The prime objective of Divi is to make cryptocurrency accessible to average people also. The transaction, investing, payments all are common words of our daily life whether personal or professional. Conventional financial institutions or banks charge high transaction fees and the speed of transactions is also comparatively slow especially in the case of international transactions.
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Buy Divi Coin in India — Step by Step guide for beginners was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.