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Is it possible to use Yahoo INR to USD for purchasing cryptocurrencies?

avatarbarbDec 15, 2021 · 3 years ago3 answers

I heard that Yahoo provides currency exchange rates. Can I use Yahoo's INR to USD exchange rate for purchasing cryptocurrencies? Is it a reliable option?

Is it possible to use Yahoo INR to USD for purchasing cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, you can use Yahoo's INR to USD exchange rate as a reference for purchasing cryptocurrencies. However, it's important to note that the actual exchange rate may vary depending on the platform or exchange you use. It's always recommended to check the exchange rates on the platform you plan to use for buying cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    Definitely! Yahoo's INR to USD exchange rate can be used to get an idea of the current conversion rate. But keep in mind that when it comes to purchasing cryptocurrencies, the exchange rate may differ slightly due to various factors such as transaction fees and market demand. It's advisable to compare rates on different exchanges before making a decision.
  • avatarDec 15, 2021 · 3 years ago
    Sure, you can use Yahoo's INR to USD exchange rate as a reference, but I would recommend checking the rates on a dedicated cryptocurrency exchange platform. Platforms like BYDFi offer real-time rates and a seamless trading experience for cryptocurrencies. It's always better to use a platform specifically designed for cryptocurrency trading to ensure accuracy and security.