How can I convert bitcoin to rupee?
Avinash PatelDec 18, 2021 · 3 years ago3 answers
I have some bitcoin and I want to convert it to rupee. How can I do that? Are there any specific platforms or exchanges that allow bitcoin to rupee conversion? What is the process involved in converting bitcoin to rupee?
3 answers
- Dec 18, 2021 · 3 years agoSure, converting bitcoin to rupee is quite simple. There are several platforms and exchanges that allow you to do this. One popular option is Binance, a leading cryptocurrency exchange. To convert bitcoin to rupee on Binance, you can follow these steps: 1. Create an account on Binance. 2. Deposit your bitcoin into your Binance wallet. 3. Go to the trading section and select the BTC/INR trading pair. 4. Place a sell order for your bitcoin and receive rupee in your Binance account. 5. Withdraw the rupee to your bank account. It's important to note that you may need to complete the KYC (Know Your Customer) process on Binance to withdraw fiat currency. Overall, the process is straightforward and can be completed within a few steps.
- Dec 18, 2021 · 3 years agoConverting bitcoin to rupee can be done through various platforms and exchanges. One popular platform is Coinbase, which allows you to convert bitcoin to your local currency, including rupee. To convert bitcoin to rupee on Coinbase, you can follow these steps: 1. Create an account on Coinbase. 2. Link your bank account or debit card to your Coinbase account. 3. Transfer your bitcoin to your Coinbase wallet. 4. Sell your bitcoin on Coinbase and receive the equivalent amount in rupee. 5. Withdraw the rupee to your linked bank account. Coinbase provides a user-friendly interface and is a trusted platform for cryptocurrency conversions.
- Dec 18, 2021 · 3 years agoIf you're looking to convert bitcoin to rupee, you can consider using BYDFi. BYDFi is a reliable cryptocurrency exchange that supports bitcoin to rupee conversion. To convert bitcoin to rupee on BYDFi, you can follow these steps: 1. Sign up for an account on BYDFi. 2. Deposit your bitcoin into your BYDFi wallet. 3. Go to the trading section and select the BTC/INR trading pair. 4. Place a sell order for your bitcoin and receive rupee in your BYDFi account. 5. Withdraw the rupee to your bank account. BYDFi offers competitive rates and a secure platform for cryptocurrency conversions.
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