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How can I convert 140000 INR to USD using digital currencies?

avatarMichael KalogeropoulosDec 17, 2021 · 3 years ago3 answers

I have 140000 Indian Rupees (INR) and I want to convert it to US Dollars (USD) using digital currencies. What are the options available for me to do this conversion?

How can I convert 140000 INR to USD using digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One option you have is to use a cryptocurrency exchange platform like Binance or BYDFi. These platforms allow you to deposit your INR and convert it to USD using digital currencies such as Bitcoin or Ethereum. You can then withdraw the converted USD to your bank account. Make sure to choose a reputable exchange with good liquidity and competitive exchange rates.
  • avatarDec 17, 2021 · 3 years ago
    If you prefer a more peer-to-peer approach, you can use a decentralized exchange (DEX) like Uniswap or PancakeSwap. These DEXs allow you to directly swap your INR for USD stablecoins like USDT or USDC. Keep in mind that DEXs may have higher fees and lower liquidity compared to centralized exchanges.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers INR to USD conversion services. They have a user-friendly interface and competitive exchange rates. Simply sign up for an account, deposit your INR, and convert it to USD using their platform. You can then withdraw the USD to your bank account. Remember to do your own research and choose the exchange that best suits your needs.