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Which digital currency can I buy with 240000 INR and convert it to USD?

avatarBinderup BorupDec 17, 2021 · 3 years ago3 answers

I have 240000 INR and I want to convert it to USD by buying a digital currency. Which digital currency should I buy?

Which digital currency can I buy with 240000 INR and convert it to USD?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    You can consider buying Bitcoin (BTC) with your 240000 INR and then convert it to USD. Bitcoin is the most widely recognized and accepted digital currency, and it has a high liquidity in the market. You can easily find exchanges that allow you to trade Bitcoin for USD. Just make sure to choose a reputable exchange with good security measures to ensure the safety of your funds.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for an alternative to Bitcoin, you can also consider buying Ethereum (ETH) with your 240000 INR. Ethereum is the second-largest digital currency by market capitalization and has a strong community and developer support. It is also widely accepted and can be easily converted to USD on various exchanges.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a digital currency exchange that allows you to buy and sell a wide range of cryptocurrencies. You can use your 240000 INR to buy popular digital currencies like Bitcoin, Ethereum, Ripple, and more on BYDFi. Once you have purchased the digital currency, you can then convert it to USD on other exchanges or through BYDFi's fiat withdrawal options.