How to Convert Crypto to INR | Easy & Secure Crypto Withdrawal in India

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Introduction: Why Converting Crypto to INR is Important

With cryptocurrency adoption growing in India, investors often need to convert their digital assets into INR securely and efficiently. Whether you’re cashing out profits, making payments, or liquidating your holdings, knowing the right methods ensures a smooth and hassle-free process.

This guide walks you through the best and safest ways to convert cryptocurrency to INR and withdraw funds to your bank account while ensuring seamless crypto withdrawal in India.

Best Ways to Convert Crypto to INR

1. Using a Crypto Exchange (Recommended)

The most secure and reliable method is through a regulated cryptocurrency exchange like Unocoin which allows users to convert crypto to INR and withdraw INR directly to their bank account.

How It Works:

  • Sign up on India’s trusted exchange Unocoin and complete KYC verification.
  • Deposit cryptocurrency into your exchange wallet.
  • Sell your crypto for INR using the instant sell or market order feature.
  • Withdraw INR directly to your registered bank account.

Why Choose This Method?

✔️ Safe & Secure – Exchanges follow strict security protocols.
✔️ Instant Withdrawals – Fast processing with direct INR transfer.
✔️ Transparent Fees – Competitive and low transaction costs.

2. Peer-to-Peer (P2P) Trading

P2P platforms facilitate direct transactions between buyers and sellers without intermediaries and are another way to exchange crypto for INR.

How It Works:

  • Select a trusted P2P exchange.
  • List your crypto for sale and find a buyer.
  • The buyer transfers INR to your bank account.
  • Release crypto after receiving the payment confirmation.

Pros & Cons:

✔️ No middlemen, direct transactions.
✔️ Can get better exchange rates.
❌ Requires trust between buyer and seller.
❌ Slightly longer process than exchanges.

3. Crypto to INR via Gift Cards & Vouchers

Some platforms allow you to cash out cryptocurrency in India by exchanging crypto for gift cards used at major retailers.

How It Works:

  • Choose a platform that offers crypto-to-gift card conversions.
  • Exchange your crypto for a digital voucher.
  • Redeem the voucher at accepted merchants.

Pros & Cons:

✔️ Quick alternative for spending crypto.
✔️ No need for a bank transfer.
❌ Limited options for INR cash withdrawal.

Step-by-Step Guide: Convert Crypto to INR via Exchange

Step 1: Create an Account on a Unocoin Exchange

  • Sign up and complete KYC verification for secure transactions.

Step 2: Deposit Cryptocurrency

  • Transfer your crypto from an external wallet to a Unocoin exchange.

If you’re just starting out, learn how to buy Bitcoin in India with as little as ₹100.

Step 3: Sell Crypto for INR

  • Select Bitcoin (BTC), Ethereum (ETH), or other supported cryptocurrencies.
  • Choose between instant sell or limit orders.

Step 4: Withdraw INR to Your Bank Account

  • Enter your bank details and request a withdrawal.
  • Confirm withdrawal and receive funds (usually within 24 hours).

Things to Consider Before Cashing Out Crypto

Want to know which cryptocurrencies are worth holding before converting them? Check out our guide on choosing the best cryptocurrency to buy in India.

A. Tax Implications

  • In India, crypto selling is subject to taxation (30% on profits + 1% TDS deduction).
  • Keep track of your transactions for tax filing. (Usually unocoin dose this on your behalf.)

B. Transaction Fees

  • Exchanges charge a small withdrawal fee—always check the latest fee structure before withdrawing.

C. Market Prices & Timing

  • Crypto prices fluctuate; withdrawing at the right time can maximize profits.
  • If you’re thinking about long-term investments, explore crypto investment strategies that can help you maximize returns before cashing out.

Frequently Asked Questions (FAQs)

1. What is the fastest way to convert crypto to INR?

Using a regulated exchange ensures instant INR withdrawals.

2. Can I withdraw INR to any bank account?

Yes, but the bank account must be linked to your verified exchange account.

3. Is crypto withdrawal legal in India?

Yes, cryptocurrency withdrawals and transactions are legal but subject to taxation.

4. How long does it take to receive INR in my bank?

Withdrawals typically take a few minutes to 24 hours, depending on bank processing times.

5. Are there any withdrawal limits?

Most exchanges have daily withdrawal limits—check their withdrawal policies for updated limits.

Conclusion: Cashing Out Crypto Made Simple

With multiple options available, using a regulated exchange remains the easiest and most secure way to convert crypto to INR. Whether you choose an exchange, P2P trading, or other methods, always prioritize security and compliance.

💡 Tip: Plan your withdrawals smartly to minimize fees and maximize profits.

Ready to cash out your crypto? Start today!


Please find the list of authentic Unocoin accounts for all your queries below:

Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).

 

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