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How can I convert 6 million Indian Rupees to Bitcoin on Binance?

avatarsomeoneDec 16, 2021 · 3 years ago3 answers

I have 6 million Indian Rupees and I want to convert them to Bitcoin on Binance. How can I do that? What are the steps involved in converting Indian Rupees to Bitcoin on Binance?

How can I convert 6 million Indian Rupees to Bitcoin on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    To convert 6 million Indian Rupees to Bitcoin on Binance, you can follow these steps: 1. Create an account on Binance if you don't have one already. 2. Complete the necessary verification process to enable fiat currency deposits. 3. Deposit your Indian Rupees into your Binance account using the available deposit methods. 4. Once your deposit is confirmed, go to the trading section and search for the BTC/INR trading pair. 5. Place a buy order for Bitcoin using your Indian Rupees. 6. Wait for the order to be executed and for the Bitcoin to be credited to your Binance account. Please note that the availability of the BTC/INR trading pair may vary, so make sure to check if it's available on Binance at the time of your transaction. Also, keep in mind that Binance may have certain limits and fees for fiat currency deposits and withdrawals.
  • avatarDec 16, 2021 · 3 years ago
    Converting 6 million Indian Rupees to Bitcoin on Binance is a straightforward process. Here's what you need to do: 1. Sign in to your Binance account or create a new one if you don't have an account yet. 2. Complete the necessary verification process to enable Indian Rupee deposits. 3. Once your account is verified, go to the 'Funds' section and select 'Deposit' for Indian Rupees. 4. Follow the instructions to deposit your Indian Rupees into your Binance account. 5. After your deposit is confirmed, go to the 'Trade' section and search for the BTC/INR trading pair. 6. Place a buy order for Bitcoin using your Indian Rupees. 7. Wait for the order to be executed and for the Bitcoin to be credited to your Binance account. It's important to note that Binance may have certain limits and fees for fiat currency deposits and withdrawals. Make sure to check the current rates and fees before proceeding with the conversion.
  • avatarDec 16, 2021 · 3 years ago
    To convert 6 million Indian Rupees to Bitcoin on Binance, you can use BYDFi, a digital currency exchange platform that supports Indian Rupee deposits and Bitcoin trading. BYDFi offers a seamless and secure way to convert your Indian Rupees to Bitcoin. Simply sign up for an account on BYDFi, complete the necessary verification process, deposit your Indian Rupees, and place a buy order for Bitcoin. BYDFi provides competitive rates and low fees, making it a convenient option for converting your Indian Rupees to Bitcoin. Please note that BYDFi may have certain limits and fees for fiat currency deposits and withdrawals. Make sure to check the terms and conditions on the BYDFi website for more information.