# Bitbns > Buy Bitcoin and more with as little as 100 rupees Bitbns is an India-based cryptocurrency exchange operating under the BNS brand. It lets retail users buy, sell, and trade digital assets, with a presence in India and the UAE. Bitbns, marketed on its platform as BNS, is a centralized cryptocurrency exchange based in India classified as a digital asset trading platform. It offers spot and margin trading, fixed deposit style plans, and a range of supported digital assets for retail investors. The exchange targets newcomers and active traders in India and the United Arab Emirates who want a straightforward way to buy, sell, and hold cryptocurrencies. The platform was founded by a team of engineering graduates and launched with a cryptocurrency flash sale. It is registered with a national financial intelligence authority and applies identity verification before users can deposit funds or place orders. Holders of its native token receive tiered fee discounts and other platform benefits, an approach the exchange uses to differentiate its retail fee structure. Beyond spot and margin trading, Bitbns offers ancillary services such as systematic cryptocurrency investment plans, an educational academy, and merchandise. It serves retail cryptocurrency investors ranging from first-time buyers to more experienced traders seeking derivatives and staking style products. Local currency deposits into the exchange are currently paused while the platform undergoes maintenance. - Type: Company - Sector: Finance - Status: Active - Founded: 2017-12-14 - Profile: https://thegrid.id/profiles/bitbns ## Products - [Bitbns Exchange](https://thegrid.id/profiles/bitbns): Bitbns Exchange is a centralised exchange for spot, margin, and futures cryptocurrency trading in India. It matches limit orders across a wide range of digital assets, offers VIP fee tiers that scale down with trading volume and BNS token holdings, and supports leveraged margin borrowing alongside futures contracts with maker and taker fees. Traders can place stop-limit and trailing bracket orders or automate strategies through an API, while fixed deposit products let holders earn yield on idle balances. INR deposits and withdrawals are currently paused for maintenance, though crypto deposits, withdrawals, and trading remain active. (Centralised Exchange, Live, Main Product) - [Bitdroplet](https://thegrid.id/profiles/bitbns): Bitdroplet is a systematic Bitcoin purchase plan that automates recurring crypto purchases on a fixed schedule and budget set by the user. It executes periodic buy orders without manual intervention, letting users accumulate Bitcoin gradually rather than through a single lump-sum purchase. The service is an independently branded offering on its own domain, separate from the main exchange account flow. (Trading Bot, Discontinued) ## Assets - [Bitbns Token (BNS)](https://thegrid.id/profiles/bitbns): BNS is the utility token of Bitbns, an India-based cryptocurrency exchange. Holding BNS and enabling Pay with BNS reduces spot trading fees across VIP tiers and lowers margin lending interest, its primary confirmed use today. Bitbns also promotes BNS as a future payment token for bills, shopping, and remittances via a linked debit card, though this broader use remains aspirational. (Utility) ## Links - [Main](https://bitbns.com) - [Whitepaper](https://bitbns.com/bns/whitepaper.pdf) - [Terms of Service](https://bitbns.com/terms-and-conditions) - [Privacy policy](https://bitbns.com/privacy-policy) - [Facebook](https://www.facebook.com/bitbns) - [Twitter / X](https://x.com/bitbns) - [Telegram](https://t.me/Bitbns) - [YouTube](https://www.youtube.com/c/Bitbns) - [Reddit](https://www.reddit.com/r/Bitbns) - [Medium](https://medium.com/bitbns) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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