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How to Buy Crypto with Baroda Rajasthan Kshetriya Gramin Bank in India

Last updated on November 12, 2023

Quick Summary: While Baroda Rajasthan Kshetriya Gramin Bank does not offer cryptocurrency trading through its own platform, you can make use of your account to purchase crypto through a third-party exchange.

There are a lot of India cryptocurrency exchanges to pick from, but we suggest using the Binance.

They offer the majority of most well-known cryptocurrencies and are simple to use. They have lots of advanced features but are also great for beginners.

Baroda Rajasthan Kshetriya Gramin Bank Homepage

As mentioned in my quick summary, like most India banks, Baroda Rajasthan Kshetriya Gramin Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a crypto trading platform and comes with regulations and extra work for the banks.

Thankfully there are many crypto exchanges to pick from that allow you to buy Bitcoin and other cryptocurrencies.

Once you’ve signed up to a crypto exchange (in our example I’ll be using Binance as it’s a highly trusted and global exchange), you can easily move money from your bank account to the trading platform., and exchange it for a variety of cryptocurrencies.

How to buy crypto or bitcoin with BRKGB

Let’s get started! Just follow our 4 quick steps.

1. Pick a crypto trading platform

As mentioned above, I’ll be using Binance for this guide as they are a widely used exchange and have a huge range of cryptocurrencies to choose from. It’s also one of the best exchanges for beginners and allows more advanced features when you get more comfortable with trading.

The steps in this guide should be similar for most trusted crypto exchanges, so feel free to use whichever you end up going with.

Let’s get started!

2. Create account with the trading platform

You’ll first need to create an account if you haven’t already, you can do using this quick link below.

Sign Up With Binance

Once you’ve filled out the basic information you’ll be asked for KYC (Know Your Customer) information, this is normal for crypto exchanges to stop any bad activity. This will often be called the “verification” process.

3. Fund your account

Next, you’ll need to add funds to your account using any of their deposit methods. For Binance there are many options such as bank transfer, PayPal, credit/debit card, and many more.

4. Buy crypto

Lastly, you’ll need to go to the “trade” section, this will differ for each exchange but it will usually have some variation of this.

It’s that easy! You’ve now got the tools to buy your first cryptocurrency with Baroda Rajasthan Kshetriya Gramin Bank.

Buy Crypto With Binance

About Baroda Rajasthan Kshetriya Gramin Bank

The bank is sponsored by the Bank of Baroda, Baroda The Rajasthan Kshetriya Gramin bank was created in 1976 by the Central Government In exercise of the power conferred by sub-section (1) and section 23A in the Regional Rural Bank Act 1976 (21 of 1976) by issuing Gazette Notification No. F No. 719/2011-RRB of 01-01-2013, merging three Regional Rural Banks viz. Baroda Rajasthan Gramin Bank, Hadoti Gramin Bank and Rajasthan Gramin Bank which is sponsored by Bank of Baroda, Central Bank of India and Punjab National Bank respectively.

The Head Office of the Bank is at Ajmer and it’s 12 Regional Offices are at Alwar, Banswara, Baran, Bharatpur, Bhilwara, Chitttorgarh, Churu, Jhunjhunu, Kota, Neem Ka Thana, Sawaimadhopur and Sikar.

The Bank has 873 branches with one Extension Counter and 5305 active Bank Mitra and total revenues of Rs. 40087 crore (as as of 31.03.2022). All branches of the Bank are part of the Core Banking Solution.

The Bank offers a variety of customer-friendly Deposit Schemes that cater to the financial requirements of all industries through Micro Finance, Kisan Credit Cards, General Credit Cards, SME finance and all other Non-Farm Sectors in the areas of operation.

NEFT service has been made available to customers across all branches, and RTGS service is available in certain branches. Internet banking is accessible in all branches. Bank offers the new technology services like Internet Banking, Mobile Banking, IMPS, RuPay Debit Card, RuPay Kisan Card, AEPS, CTS, ECS and more. Bank is offering Corporate Insurance Agency Tie-up for Life Insurance as well as General Insurance. ”

The vision of the bank is to become a customer tech-driven, customer-centric major rural bank in the new age located in Rajasthan with a determined determination to be a significant financial catalyst for economic growth in the region of its operation.