How do YOU convert your Bitcoins to INR ?

[fiulpro]

Local Bitcoins can be used if you are actually using some wallet other than one which does not have access to trading and buying and selling option.

Use Zebpay
They have good rates and the money can be directly collected in your bank account in 5 days with only 10 Rs charge and you don't even have to actually do anything with it .

Trading options are also available there for other coins too.

Setting up and independent wallet might so the trick but you have to actually spend the 0.0006 transaction amount in most wallets.

They do require ID's and that is a problem therefore remember that it is indeed beneficial if you have nothing to hide.

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[0zero0]

I have a local seller friend in Northern India who deposits the money in my bank account directly and so never had the need to go through all the hassle of exchanging to fiat thing. It's been long now and hence the trust has build up between us and also it never worried me with the banks since the transactions are happening from the same account and so the banks will also won't doubt on these transactions. 

[akram143]

I have a local seller friend in Northern India who deposits the money in my bank account directly and so never had the need to go through all the hassle of exchanging to fiat thing. It's been long now and hence the trust has build up between us and also it never worried me with the banks since the transactions are happening from the same account and so the banks will also won't doubt on these transactions. 

Now you no need yo worry about anything since Supreme court of India lifted the ban of RBI which was imposed on crypto related transactions so its now completely legal to receive money from even exchanges as well.

[chunnu39]

you can use crypto exchange eg wazirx bitbns and coincodex they are still good and working from more then 2 years. always choose those exchanges which withdrawal fee is less and give instant or fast withdrawal Direct bank or
NEFT & UPI

[BSEIT.com]

Try our service and it is hassle-free, simple and secure.
We support automatic swapping for cryptocurrencies, Exmo, Perfect Money, Payeer.
Indian Bank and UPI related transactions are processed in semi-automatic or manual mode and completed within 5-10 minutes during working hours.
We provide support via Live Chat, Email, Telegram and WhatsApp

Link in signature.

[akram143]

Try our service and it is hassle-free, simple and secure.
We support automatic swapping for cryptocurrencies, Exmo, Perfect Money, Payeer.
Indian Bank and UPI related transactions are processed in semi-automatic or manual mode and completed within 5-10 minutes during working hours.
We provide support via Live Chat, Email, Telegram and WhatsApp

Link in signature.

Price is very less than the actual market price, and there is no real trading activity at all!

Anyone used this service before?

[BSEIT.com]

Price is very less than the actual market price, and there is no real trading activity at all!

Anyone used this service before?

We are not a trading service but an exchange service.

You can see recent transactions on our home page

[libert19]

Try our service and it is hassle-free, simple and secure.
We support automatic swapping for cryptocurrencies, Exmo, Perfect Money, Payeer.
Indian Bank and UPI related transactions are processed in semi-automatic or manual mode and completed within 5-10 minutes during working hours.
We provide support via Live Chat, Email, Telegram and WhatsApp

Link in signature.

Regarding your AML & KYC policy — There should be specific criteria on when to ask user for kyc, many with similar policy ask for kyc just after user deposits funds, and then his funds get stuck.

[BSEIT.com]

Regarding your AML & KYC policy — There should be specific criteria on when to ask user for kyc, many with similar policy ask for kyc just after user deposits funds, and then his funds get stuck.

Currently, we do not ask each user to go through KYC, it is required only if a transaction is flagged by our system.

We are implementing a new KYC system, which will be easier, and verification will be done during the transaction but before making the deposit.

[suvo05]

You can use WazirX, it offers P2p options to buy and sell bitcoins with INR, WazirX now is also acquired by binance.  Even now as the RBI ban has been lifted so you can use ZEBPAY as well.  I personally used both of the platforms and some times I also look for a local buyer.

[aarif123]

There are so many cryptocurrency exchange available in india like localbitcoins,zebpay,coindcx,wazirx etc.but I will highly recommend everyone to use localbitcoins because this is one of the oldest website which works worldwide in this you can use all the Indian payment methods like paytm mobikwik,upi and you can also direct transfer in bank

[sabingurung]

Wazirx.com is the best. It's easy to deposit and convert just like in other exchanges. Deposit trx as it cost low fees and sell for IC. After having IC deposit to your Bank Account.

[Mistafreeze]

I use localbitcoin. Always sell or buy from traders who have done several trades. Newbie can scam you.

[Imran232]

In India there has a lot of option for crypto users. You guys can use wazirx exchange plus you guys gonna get bank option too. Now bitcoin is a legalize currency in india thats a very good news too. I heard a news that some banks are going to make a different sector for crypto currency buy sell this a huge opportunity and will be very easy for users. Though i am from Bangladesh and Still Bangladesh didn't give us chance to use crypto. It is still irregulated. So we are facing lots of problem to exchange crypto to money. We have to think lots of time before sending money to anyone. Because spaming is everywhere. Still we are trying to use crypto from staying an Against direction.

[Mistafreeze]

You can convert your Bitcoins to INR on PCEX Member.

PCEX Member is an India based crypto trading platform on which you can buy, sell or trade cryptocurrencies in INR.

They charge the lowest trading fee of 0.3% in the spot market along with zero deposit and withdrawal fee.

You do not need to pay huge fees on trade and any charges for deposit and withdrawal, unlike other cryptocurrency exchanges.

They also offer Futures Trading in the crypto market. You can trade Futures of mainstream cryptocurrencies like BTC, BCH, ETH, LTC, XRP, XMR, DASH, ETC, EOS, BSV, LINK & DOT with up to 30X Leverage.

You can trade on their android app as well, it is available on the Google Play Store.

I suggest one should avoid lesser known new exchanges yo avoid being scammed. There are some good reuptes and old crypto exchanges mentioned in this thread. Op should try them.

[PhoenixZephyrus]

~snip~

Every one of your posts is about PCEX Member exchange. This doesn't really bring anything useful to the community, all of your posts state more or less the same thing and you aren't contributing to the community except just promoting PCEX Member exchange. Just a suggestion: try to participate in constructive and meaningful discussion in this board, it will both help you and this Indian board.


As for how I convert my BTC to INR, I have previously used bitrefill before, when bitcoin was pretty low compared to today, around 2017. It was useful for making micro payments. I have also used localbitcoins once, to convert a small amount of BTC to fiat, it allows P2P exchange and thus its better imho than the centralized exchanges that require loads of KYC, especially now looking at the BuyUcoin hack.

[mant0478]

My friend wants to buy bitcoin for cash, has anyone done that and any good references..

[Suvo6622]

Wizerx best india exchenge buy btc And others crypto coins ,
 l am used 1 years wizerx trusted exchanges and very good. Withdraw and deposit very first compare to other
Exchange.

[ololajulo]

Wizerx best india exchenge buy btc And others crypto coins ,
 l am used 1 years wizerx trusted exchanges and very good. Withdraw and deposit very first compare to other
Exchange.

I dont think there is any exchange with that name, maybe you meant wazirx. It is not available in every countries for P2P exchange.

[sumant]

We now have many ways to convert our bitcoin to inr. Earlier we use zebpay and unocoin to receive inr in our bank. Thereafter so many exchanges come to india with good features and they serve well link wazirx and bitbns. Then comes remitano a great platform for indians to give inr instead of bitcoins. Now at present time we have all solutions at one place called Binance. We can easily deposit and withdraw inr peer to peer from this Exchange. Thank you