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How to Buy Crypto with Saurashtra Gramin Bank in India

Last updated on November 12, 2023

Quick Summary: While Saurashtra 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.

Saurashtra Gramin Bank Homepage

As mentioned in my quick summary, like most India banks, Saurashtra 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.

There are a large number of cryptocurrency exchanges that you can use to buy Bitcoin and other cryptocurrencies.

Next you’ll want to sign up to an exchange (for this short guide I’ll use Binance as it’s a global and widely used exchange) and deposit funds so you can start trading crypto.

How to buy crypto or bitcoin with Saurashtra Gramin Bank

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

1. Pick a cryptocurrency exchange

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 Saurashtra Gramin Bank.

Buy Crypto With Binance

About Saurashtra Gramin Bank

Saurashtra Gramin Bank is a Regional Rural Bank, established under the RRB Act, 1976 & it’s an amalgamation three banks, specifically JRGB, JAGB & SBGB that was initiated by SBS (now SBI) since 1978.

It is owned by the Saurashtra Gramin Bank is jointly owned by Governement of India, Governement of Gujarat & State Bank of India.

The Bank is present in 11 districts in Gujarat known by the names of Rajkot, Jamnagar, Surendranagar, Junagadh, Amreli, Porbandar, Bhavnagar, Gir Somnath, Botad, Morbi, Dev Bhumi Dwarka.

Their goal is to meet to the requirements of all residents in Saurashtra by providing Ace Products, Delighted Customer Service, and Concrete Financial Improvement that targets the masses by forming a team comprised of Self motivated employees, Advance Technology, Well Defined Systems & Procedures.

The company’s goal is to create a professional sound institution that will meet the banking requirements that are required by those People from Saurashtra Interalia covers those with disabilities. Masses.