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How can I convert dollars to INR using digital currencies?

avatarSukron HakimDec 25, 2021 · 3 years ago1 answers

I want to convert my dollars to Indian Rupees (INR) using digital currencies. How can I do that? What are the steps involved in converting dollars to INR using digital currencies? Are there any specific platforms or exchanges that offer this service? Can I convert my dollars to INR directly on BYDFi? What are the fees and charges associated with this conversion?

How can I convert dollars to INR using digital currencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers the conversion of dollars to INR. To convert your dollars to INR on BYDFi, you first need to create an account on the platform. Once your account is set up, you can deposit your dollars into your BYDFi wallet. From there, you can trade your dollars for a digital currency that is paired with INR, such as Bitcoin or Ethereum. Once you have the digital currency, you can sell it for INR and withdraw the funds to your bank account. BYDFi charges a small fee for this conversion, which is clearly outlined on their website. It's a convenient and secure way to convert your dollars to INR using digital currencies.