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Many international investors ask how
to transfer bitcoins to a bank account in India. The bitcoin
transfer to a bank account in India has always been a problem for many
people. It is because if you are using an international exchange, then you cannot
directly convert bitcoin to an Indian Account. It is because most of the
international wallets are not available in India to buy and sell bitcoins. So,
you can only convert bitcoin to INR by using only India exchangers like
Coinsecure, ZebPay, Unocoin, etc. Moreover, these websites are also better and
safe for any type of transaction.
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If you are not using an
international wallet, then you can easily transfer any amount of bitcoin to an
Indian bank account. But the question is how to transfer bitcoin to bank.
It is a few steps simple process. First of all, you will need to select the
best website in India where you can buy and transfer bitcoins. Once you choose
the best site for yourself, create your account. Buy some bitcoins and store
them in your wallet. After that, go to the “Sell Bitcoin” menu. There, you will
be asked to select from multiple options. Select “Bank account”. Now, enter the
amount of bitcoin and other details. Review, verify and process the transaction.
Your bitcoins will be transferred shortly.
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Coinbase to Indian Bank Account
If you need to transfer your
currency from Coinbase to an Indian bank account, then follow some steps. First
of all, let us tell you, India is one of those countries that is supported by
Coinbase for every type of transaction.
Simply visit the official website of
Coinbase,. Login to your account. You must have bitcoins in your wallet. After
that, go to the conversion menu. Select the direction of exchange i.e bank
account. Now, enter a few details including bank details, amount, and other
personal info. Click “Continue” and the website will process your transaction.
After processing, your transaction will be completed.
