Can I buy Crypto with Axis Net Banking?
Axis Net Banking does not offer digital asset services such as cryptocurrency trading, or crypto custody. This is because their bank does not have the required infrastructure to support digital asset investing, trading and storage. Managing Director and CEO Amitabh Chaudry has also outlined that they do not have any plans to support crypto.
This means that crypto investors in India will need to sign up to a regulated Bitcoin and crypto trading platform to deposit INR from their Axis online banking account.
How to buy Cryptocurrency with Axis Bank Online
The easiest way to buy crypto or Bitcoin through your Axis Bank online account in India is by signing up with the OKX exchange. They offer fast and cheap INR deposits from Axis Net Banking to buy, sell and trade over 300 cryptocurrencies and stake them to earn passive income.
You can get started with this simple guide:
- Open a free account on OKX platform and complete the sign-up process.
- Go to the 'Buy Crypto' tab and select a deposit method to send funds from Kotak Mahindra.
- Select 'INR' as your fiat currency and pick a cryptocurrency you want to buy (e.g USDT).
- Input the amount of Thai Baht you want to invest and execute your trade.
Axis Bank Crypto Policy
Axis Bank has a progressive stance toward the digital asset ecosystem, and freely allows its customers to buy and sell cryptocurrencies from regulated exchanges. This means that customers do not need to worry about having their bank accounts frozen when using licensed exchanges like OKX.
About Axis Bank India
Axis Bank is one of the largest banks in India. It was founded in 1994 and offers a wide range of banking products and services. These include savings and checking accounts, loans, credit cards, investments, and more. Axis Bank also has a strong online presence, with a website that is easy to use and navigate.
Overall, Axis Bank is a good choice for those looking for a reliable and comprehensive bank in India. They are safe to use and are regulated by the Reserve Bank of India (RBI).