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Make your Coin Win with Trading into Bitcoin Token at 0% Trading Fees and Get a chance of winning INR 1.4L+ in Crypto.

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Zebpay buy prices cross 10lakh. HODL

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The following post by bitchari is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7i87tf
The original post's content was as follows:

https://imgur.com/t1hUysD

The following post by anannyap is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7furxc
The original post's content was as follows:

https://i.redd.it/4gzwrixafi001.jpg

Bitcoin Price worldwide as of 12:57pm, 23rd August is ₹8,69,536 (I converted it to INR). But the crypto exchanges in India offer them around ₹9,07,000. Why such a big change?
Where can I buy crypto at the cheapest price in India?

𝑻𝒓𝒂𝒅𝒊𝒏𝒈 𝒊𝒏 𝒕𝒐𝒅𝒂𝒚'𝒔 𝒕𝒊𝒎𝒆 𝒊𝒔 𝒂 𝒑𝒓𝒐𝒇𝒊𝒕𝒂𝒃𝒍𝒆 𝒑𝒓𝒐𝒇𝒆𝒔𝒔𝒊𝒐𝒏 𝒂𝒔 𝒚𝒐𝒖 𝒎𝒂𝒚 𝒌𝒏𝒐𝒘 𝒊𝒕 𝒗𝒆𝒓𝒚 𝒘𝒆𝒍𝒍! 𝑾𝒉𝒂𝒕 𝒊𝒇 𝒚𝒐𝒖 𝒓𝒆𝒄𝒆𝒊𝒗𝒆 𝒉𝒆𝒂𝒗𝒚 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕𝒔 𝒐𝒏 buying Bitcoin 𝒇𝒓𝒐𝒎 𝒐𝒏𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒎𝒐𝒔𝒕 𝒓𝒆𝒑𝒖𝒕𝒆𝒅 𝑷𝒍𝒂𝒕𝒇𝒐𝒓𝒎 𝑩𝒖𝒚𝑼𝒄𝒐𝒊𝒏
Other sites' Bitcoin price in India: ₹ 845,039 (1BTC to INR)
BuyUcoin Bitcoin price in India: ₹ 807,573 (1BTC to INR)
Start trading Bitcoins at a 0% Trading Fee now!

After reading through a lot and following Bitcoin and BitcoinBeginners for a while, I'm finally at a stage wherein I can put some fiat money to buy bitcoin.
I'm an Indian Citizen who is currently residing in Australia as a Permanent Resident.
My question is whether to buy BTC in INR through an Indian exchanhe like WazirX or to buy in AUD from an Australian exchange . I'm not very confident on the tax implications in both places and can't decide what would be best.
Any help will be gladly appreciated!

1. I’ve created an account and funded with a nominal amount to begin testing. I want to eventually own Bitcoin, Ethereum and some Monero but when I try to buy BTC with the INR fiat I’ve deposited, it suggests P2P And then forced me to buy USDT before anything else. Is this normal or am I screwing up somehow?

Do I HAVE to buy USDT to buy any other crypto?

1. I’m being asked to create an XID before I buy anything. Sounds like a username. I read somewhere that it can be max 15 and min 4 characters but it doesn’t mention the max. Should this XID be easy like “ Investo145” so that it’s convenient to share and seems like a real user or difficult like “48jec72swkcd7dv4gt” in case it works the same way as a password and provides security.
   
2. I had to do a shitload of KYC, much more than my bank account to create an account here. Are there any other options where no ID as required. Will the one you recommend allow fiat funding? What are the fees for sending and receiving crypto for that one.
   
3. What’s the best free beginner wallet I can use if I’m going to invest ~50000 INR (650 USD) the first year. Wallet should have negligible or free fee to transfer out my crypto to another wallet once I learn more. My strategy is buy and hold, Bøok profits at noticeable peaks and buy low after it falls again.
   

I’ve deposited 500 INR (7 USD) in WazirX to just try it out.

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