Hello Guys..
I know everyone are scared on how to convert bitcoin to fiat currency I mean to rupees (INR) if RBI don't allow to exchanger bank to deal with bank.
No worries guys there is always a way for to sell INR.
For exchanger I give one example.
Neteller and perfect money is banned I mean they can't able to deal directly with banks.
So we have many so many trusted people who deal person to persons (selling and buying).
Likewise if RBI bans crypto deal with bank accounts. There are many ways to cashout BTC into INR.
As you all know that many exchanger koinex or wariz are coming up with peer to peer trading (person to person). That means you can directly sell bitcoin to person through their platforms. If you sell bitcoin then your INR will be sent directly to your bank account by that particular buyer and vice versa.
It's same concept as LOCALBITCOINS.COM.
Some of ways to sell btc to inr.
Localbitcoins - you can sell or buy btc here directly with people but here we can't trust all prople so it's risky.
Xapo - in xapo all peer to peer available where xapo acts as middleman between you and other person for dealing with crypto and inr. It's trusted and secure.
Paxful - same like Localbitcoins.
Giottus.com - same like xapo.
You can sell or buy bitcoin directly with person whom you trust there of tons preple who does buying and selling.
Convert crypto to neteller or perfect money via any trusted exchanger like changer.com.
And sell that netteler to perfect money to trusted prople who deal with netteler or perfect money (PM).
These are some of ways to sell your crypto for fiat INR.
Thanks for useful information regarding crypto conversion to INR and vice versa.
I am glad to hear that my post is found to be useful for you
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Very good post thanks for the sharing this information @pritam20
welcome @sayrobert & stay connected
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