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1  Local / India / How to sell bitcoin in India? on: November 20, 2023, 01:03:22 PM
In most cases, selling Bitcoin in India requires using a cryptocurrency exchange. Here are some steps you can undergo:

Select an exchange: Look for a cryptocurrency exchange that specializes in India. Koinpark is a prominent exchange in India.

Create an Account: Register for an account on the chosen exchange, where you may be required to provide personal information

Complete the KYC procedure: Many Indian exchanges have Know Your Customer (KYC) procedures. To comply with regulatory standards, ensure that you complete the KYC procedure, including providing any needed documents.
Deposit Bitcoin: Once your account has been properly verified, deposit the Bitcoin (BTC to INR) that you are going to sell into your exchange wallet. Creating a deposit address on the exchange and transferring your Bitcoin from your wallet to the exchange wallet are typical procedures.

Place a Sell Order: Go to the trading part of the exchange site and place a sell order for your Bitcoin (BTC to INR). You must mention the amount and price of Bitcoin you wish to sell.

Withdraw INR (Indian Rupees): After your sell order is executed, INR will be credited to your exchange account. You can then withdraw this INR to your associated bank account. Follow the exchange's withdrawal process, which may require you to provide additional banking details.

2  Economy / Exchanges / Start crypto trading at Koinpark on: October 18, 2023, 09:44:57 AM
Koinpark is a global crypto exchange platform. Koinpark provides a better user interface, 24/7 customer support, and diverse trading pairs. Sign up now at Koinpark and get 1 lakh SHIB, an extra 25000 SHIB for each referral. Visit Koinpark site and know more about rewards and campaigns
3  Economy / Trading Discussion / Re: Arbitrage trading on: October 05, 2023, 12:52:47 PM
Arbitrage is a type of trading where traders buy crypto in one market and sell it in other markets. The disparity between the buying and selling prices is referred to as the 'spread.' Utilizing the contrast in liquidity and trading activity, traders can identify chances for profit generation. To seize such opportunities, it's essential to create accounts on exchanges showcasing substantial price discrepancies for the specific cryptocurrency being traded.

NOTE: Read the blog to know other types of trading:https://www.koinpark.com/blog/comprehensive-guide-on-types-of-trading
4  Economy / Trading Discussion / Re: Spot Trading vs Margin Trading - Which is the best Strategy? on: August 29, 2023, 05:25:05 AM
Spot trading allows to buy and sell cryptos at the present market value. In Margin trading, one can borrow funds from the exchange and can use them for trading. Each has its pros and cons.

You can read a blog on types of trading at https://koinpark.com/blog/comprehensive-guide-on-types-of-trading
5  Economy / Trading Discussion / Koinpark - The best cryptocurrency exchange platform on: August 28, 2023, 10:59:06 AM
Koinpark is the best cryptocurrency exchange platform, recognized for its user-friendly design, a broad selection of supported cryptocurrencies, and robust security features. Several digital currencies are supported, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on Koinpark

Website: https://koinpark.com/
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