What is the process of converting bitcoin to Indian Rupees?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! Here's a step-by-step guide on how to convert bitcoin to Indian Rupees: 1. Find a reputable cryptocurrency exchange that supports bitcoin-to-INR trading pairs. 2. Create an account on the exchange and complete the necessary verification process. 3. Deposit your bitcoin into your exchange wallet. 4. Place a sell order for bitcoin and specify the amount you want to convert to Indian Rupees. 5. Once your sell order is matched with a buyer, the bitcoin will be sold and you will receive Indian Rupees in your exchange account. 6. Withdraw the Indian Rupees to your bank account linked to the exchange. It's important to note that the process may vary slightly depending on the exchange you choose, but these are the general steps to convert bitcoin to Indian Rupees.
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• Dec 17, 2021 · 3 years ago
  Converting bitcoin to Indian Rupees is a fairly straightforward process. First, you'll need to find a reliable cryptocurrency exchange that supports INR trading. Once you've signed up and verified your account, you can deposit your bitcoin into the exchange. From there, you can place a sell order for bitcoin and specify the amount you want to convert to Indian Rupees. Once your order is filled, the exchange will credit your account with the equivalent amount in INR. Finally, you can withdraw the INR to your bank account. Keep in mind that fees and processing times may vary depending on the exchange you use.
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• Dec 17, 2021 · 3 years ago
  Converting bitcoin to Indian Rupees can be done through various cryptocurrency exchanges. One popular exchange that supports this conversion is BYDFi. The process is quite simple. First, you'll need to create an account on BYDFi and complete the necessary verification process. Once your account is set up, you can deposit your bitcoin into your BYDFi wallet. From there, you can place a sell order for bitcoin and specify the amount you want to convert to Indian Rupees. Once your order is matched with a buyer, the bitcoin will be sold and you will receive Indian Rupees in your BYDFi account. Finally, you can withdraw the Indian Rupees to your bank account. It's important to note that fees and processing times may vary depending on the exchange you use.
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