How do you convert your BTC and cryptos to INR

[elevates]

I also know different ways to change my cryptocurrencies into regular money as cheaply as possible.

Except buying gift cards, show your ways?

Buying gift cards is known by most of us. Other than that I am aware of F2F transfer but they only work when the amount is $500 or more. West Union transfer is another option as few P2P vendors on international exchanges provide. That is for sure not cheap but some users prefer it and which is why P2P vendors offer it. Anything else you would like to add @cafter.

[1715109977]

1715109977

[1715109977]

1715109977

[1715109977]

1715109977

[1715109977]

1715109977

[cafter]

I also know different ways to change my cryptocurrencies into regular money as cheaply as possible.

Except buying gift cards, show your ways?

1. P2P exchanges like paxful, local bitcoins.
2. Selling your crypto on centralised exchanges by p2p
3. Some users exchange crypto to fiat here on currency exchange board.
4. You can send crypto on payeer and convert it into USD which take 0.5% fee then transfer to bank account.
5. There some some small sites which operated by a real human they take payeer, perfect money, etc and send INR to bank account.

[libert19]

I also know different ways to change my cryptocurrencies into regular money as cheaply as possible.

Except buying gift cards, show your ways?

1. P2P exchanges like paxful, local bitcoins.
2. Selling your crypto on centralised exchanges by p2p
3. Some users exchange crypto to fiat here on currency exchange board.
4. You can send crypto on payeer and convert it into USD which take 0.5% fee then transfer to bank account.
5. There some some small sites which operated by a real human they take payeer, perfect money, etc and send INR to bank account.

You said you use local exchanges to convert to inr, any specific reason to choose local exchanges over the options you mentioned above?  I use colodax myself but rates are low, p2p exchanges are risky in my experience so I avoid them.

[cafter]

I also know different ways to change my cryptocurrencies into regular money as cheaply as possible.

Except buying gift cards, show your ways?

1. P2P exchanges like paxful, local bitcoins.
2. Selling your crypto on centralised exchanges by p2p
3. Some users exchange crypto to fiat here on currency exchange board.
4. You can send crypto on payeer and convert it into USD which take 0.5% fee then transfer to bank account.
5. There some some small sites which operated by a real human they take payeer, perfect money, etc and send INR to bank account.

You said you use local exchanges to convert to inr, any specific reason to choose local exchanges over the options you mentioned above?  I use colodax myself but rates are low, p2p exchanges are risky in my experience so I avoid them.

They offer fast conversion for small amounts without the need for full KYC verification; a simple phone number verification is enough. I don't use them regularly because their fees are higher than those centralized p2p exchanges. I turned to them in the past when my Binance account was got blocked, and I had no alternative but to open and verify another exchange account.
so to save time I used local exchanges, for not much just 3-4 conversion.

[Bitcoin Smith]

I also know different ways to change my cryptocurrencies into regular money as cheaply as possible.

Except buying gift cards, show your ways?

1. P2P exchanges like paxful, local bitcoins.
2. Selling your crypto on centralised exchanges by p2p
3. Some users exchange crypto to fiat here on currency exchange board.
4. You can send crypto on payeer and convert it into USD which take 0.5% fee then transfer to bank account.
5. There some some small sites which operated by a real human they take payeer, perfect money, etc and send INR to bank account.

You said you use local exchanges to convert to inr, any specific reason to choose local exchanges over the options you mentioned above?  I use colodax myself but rates are low, p2p exchanges are risky in my experience so I avoid them.

They offer fast conversion for small amounts without the need for full KYC verification; a simple phone number verification is enough. I don't use them regularly because their fees are higher than those centralized p2p exchanges. I turned to them in the past when my Binance account was got blocked, and I had no alternative but to open and verify another exchange account.
so to save time I used local exchanges, for not much just 3-4 conversion.

LBC is not in operation anymore, so if you are not aware it then don't fall for any clone sites of LBC.

Paxful is good and you can find traders which offers third party conversion, no TDS deduction, higher price than the market price, but you can also see lot of offers with 20% over market and not registered from Indian IP those are mostly sending funds from hacked bank accounts so please be very careful or you will find your account to be frozen someday.

[pakhitheboss]

LBC is not in operation anymore, so if you are not aware it then don't fall for any clone sites of LBC.

Paxful is good and you can find traders which offers third party conversion, no TDS deduction, higher price than the market price, but you can also see lot of offers with 20% over market and not registered from Indian IP those are mostly sending funds from hacked bank accounts so please be very careful or you will find your account to be frozen someday.

LBC closed a long time ago but many community members are not aware of this news. Furthermore, to trade on LBC you would need to pass KYC when it existed. I had created an account there but never did any trade as it was asking for me to pass KYC. I have not used Paxful, I am not aware of how it works but I have heard a lot about it. I am not sure whether they still allow P2P trade without KYC.

[Bitcoin Smith]

LBC is not in operation anymore, so if you are not aware it then don't fall for any clone sites of LBC.

Paxful is good and you can find traders which offers third party conversion, no TDS deduction, higher price than the market price, but you can also see lot of offers with 20% over market and not registered from Indian IP those are mostly sending funds from hacked bank accounts so please be very careful or you will find your account to be frozen someday.

LBC closed a long time ago but many community members are not aware of this news. Furthermore, to trade on LBC you would need to pass KYC when it existed. I had created an account there but never did any trade as it was asking for me to pass KYC. I have not used Paxful, I am not aware of how it works but I have heard a lot about it. I am not sure whether they still allow P2P trade without KYC.

LBC and Paxful are more of a similar trading platform where you need to pass mandatory KYC verification to trade. I passed 10K KYC level with Aadhaar and selfie verification if I am not wrong and that is enough since I am not a trader and will convert only once in a while. Why I did choose the platform is that we can receive funds from another user from India so that there won't be any indication that its from crypto so can get away with 30% tax but obviously it will work only if we have other sources of income to cover that in our returns.