Selling crypto and getting INR

Modified on Wed, 12 Jan 2022 at 06:39 PM

Selling cryptocurrency has always been difficult for Indian investors due to a lack of trustworthy exchange platforms or the unavailability of their preferred cryptocurrency to invest in. 

To address this issue, BuyUcoin was founded in 2016 with the goal of providing investors with a secure platform for investing in cryptocurrency. Aside from that, the platform offers a plethora of cryptocurrencies to its users and constantly updates its list to include new cryptocurrencies. 

Another significant advantage of using BuyUcoin is that it allows users to conduct transactions and trades in INR, eliminating the need to convert their money to USD and lowering conversion fees.

How to Sell Crypto with  Indian Rupees(INR)

To make your first crypto transaction in INR, you must first complete a few simple steps.

  • Open your browser to the BuyUcoin home page and click the ‘Login' button. If you haven't already done so, click the sign-up button.

  • Enter your BuyUcoin account's registered Email ID and password and click 'login.'

  • As BuyUcoin values customer data security and privacy, it has added a second layer of security that requires you to enter the OTP sent to your registered mobile number.

  • The site will take you to your Account Dashboard after you enter the OTP.

  • Choose Market from the drop-down menu on the left side of your screen. The market page will show a list of all the cryptocurrencies supported by BuyUcoin on its platform.

  • Choose the cryptocurrency you want to sell and enter the number of coins/tokens you want to sell. Ensure that the amount you want to sell is in your wallet; otherwise, the transaction will fail and be terminated.

  • The cryptocurrency tokens/coins will be sold at the time of the transaction based on the cryptocurrency rates at the time of the transaction. The money will be automatically transferred to your BuyUcoin wallet once the transaction has been verified on both ends.

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