Bitcoin can be converted to Indian Rupees in numerous ways but mainly sorted down to three main ways.

  • Through an Exchange:
    Transfer your bitcoin to a wallet that has been created through an exchange and then sell it to the exchange so that you get reimbursed by the exchange in Indian Rupees.
  • Through LocalBitcoins:
    Local Bitcoins offer methods by which owners and to be owners of Bitcoin can be found and contacted after which you may meet and transact your bitcoin in person face to face for Indian rupees.
  • Through a third party:
    Just as any business, where people trade one commodity for another, you’d be required to find someone that’s willing to pay for acquiring the bitcoin in your possession.

In reality, there are numerous ways to sell bitcoin as long as there is someone willing to pay for the Bitcoin.
Given that the price of Bitcoin has been constantly rising, there certainly is enough demand for it.

How you find the person to buy the bitcoin is an open choice but an exchange or a layperson would be the best/ideal people to buy Bitcoin.


Subscribe for New Krown Content!

Posted by Min Park

Blockchain Marketing Specialist / ICON ($42M) / MediBloc ($25M) / BOScoin ($12M) / PAXchain ($60M) / Krown Media / :0

Leave a Reply