How to sell bitcoin in India?

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In most cases, selling Bitcoin in India requires using a cryptocurrency exchange. Here are some steps you can undergo

Select a Cryptocurrency 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.

Conclusion

Embrace the cryptocurrency market by registering on the global cryptocurrency exchange and access a diverse range of Cryptocurrencies

 

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