How can I transfer cryptocurrency to bank account in India?

To begin the process of converting your cryptocurrency into Indian rupees, the first step is to register with a reputable and trusted crypto exchange. There are several options available, such as WazirX, CoinDCX, or ZebPay, each offering a secure and efficient platform for cryptocurrency trading.

Once you have successfully registered and verified your account with the chosen exchange, the next step is to deposit your cryptocurrency into your exchange wallet. This can be done by transferring your crypto from your personal wallet or another exchange to the provided wallet address.

With your cryptocurrency securely stored in your exchange wallet, you can now place a sell order for the desired amount of cryptocurrency you wish to convert. The exchange will then match your sell order with a corresponding buy order, facilitating the trade.

Upon the successful execution of your sell order, the exchange will convert your cryptocurrency into Indian rupees (INR). This conversion rate is determined by the market conditions and may fluctuate depending on supply and demand.

Once the conversion is complete, you will have INR credited to your exchange account. The next step is to initiate a withdrawal of these funds to your linked bank account. This typically involves providing your bank account details and confirming the withdrawal request.