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Is there a limit on the amount of INR I can convert to USDT?

avatarAakansha latiyanNov 25, 2021 · 3 years ago3 answers

I would like to know if there is a maximum limit on the amount of Indian Rupees (INR) that can be converted to Tether (USDT)?

Is there a limit on the amount of INR I can convert to USDT?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, there is a limit on the amount of INR you can convert to USDT. The specific limit may vary depending on the cryptocurrency exchange you are using. It is recommended to check the exchange's website or contact their customer support for the exact limit. Keep in mind that these limits are often in place to comply with regulatory requirements and ensure the security of the platform.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! But don't worry, most exchanges have a generous limit on INR to USDT conversions. You can usually convert a significant amount of INR to USDT without any issues. However, if you plan to convert a large sum, it's always a good idea to reach out to the exchange's support team for any potential restrictions or additional verification requirements.
  • avatarNov 25, 2021 · 3 years ago
    Yes, there is a limit on the amount of INR you can convert to USDT. At BYDFi, for example, the maximum limit for INR to USDT conversions is currently set at 1,000,000 INR per transaction. This limit is subject to change and may vary on other exchanges. It's important to keep an eye on the exchange's website or reach out to their support team for the most up-to-date information on conversion limits.