Cryptocurrencies

How to Transfer Bitcoin to Indian Bank Account? Convert BTC to INR

You have Bitcoins!

But you don’t need them anymore or you would like to convert your Bitcoins to INR…

…and if you are using any International Bitcoins Wallets then you’re stuck because most of these wallets are still not available to buy and sell Bitcoins in India.

Downfall in the price of  Bitcoins is also expected that it fall more due to upcoming updates (Segwit2x) on Bitcoin. So if you don’t want to get affected by these updates you can convert your Bitcoins to INR.

How to Transfer Bitcoin to Indian Bank Account?

I’ve been getting a lot of requests that please share that how we can Transfer Bitcoin to Indian Bank Account. Today I will share the best methods which you can use to Easily Transfer Bitcoin to Indian Bank Account.

I’ll also share some tips & tricks to get the highest selling prices to grab some extra profit so make sure to read till the end. 🙂

Sell on Indian Bitcoin Exchanges

This is one of the safest and secure ways to sell your Bitcoins and convert them to INR.  Once you have your Bitcoins in any of the Indian Bitcoin Exchanges you can instantly Transfer Bitcoin to Indian Bank Account.

Here are some of the Indian Bitcoin Exchanges that you can use to convert your Bitcoins to INR.

Coinsecure

Coinsecure

Coinsecure is one of the Best Indian Bitcoin Exchanges to Convert your Bitcoins to INR. It is like the other International Exchanges like Poloniex, Cex, etc.

To Transfer Bitcoins to Bank Account on Coinsecure please follow these steps:

1.) First of all, Open Coinsecure Dashboard.

2.) Now Click on the Bank Option from Menu.

3.) First, sell your Bitcoins and Convert them to INR Balance.

4.) Scroll down and click on Withdraw Button from Fiat Balance.

5.) Enter your Amount and Click on submit button.

Voila! You’ve successfully withdrawn your Bitcoins to Bank Account.

 

zebpay-logo

 Zebpay

Zebpay is one of the Popular Bitcoin Brokers in India. Sell Bitcoins on Zebpay App and redeem your Bitcoin in Bank Account.

To Transfer Bitcoins to Bank Account on Zebpay please follow these steps:

1.) Go to Account from Menu.

2.) Click on Withdraw option.

3.) Enter the amount to withdraw.

4.) Enter the 4 digit pin.

5.) Click on submit.

unocoin-logo, unocoin review

Unocoin

Unocoin is also one of the Bitcoin Brokers in India. Sell your Bitcoins on Unocoin Website/App and redeem your Bitcoins in Bank Account.

To Transfer Bitcoins to Bank Account on Unocoin please follow these steps:

1.) First of all, Open Unocoin Dashboard.

2.) Sell your Bitcoins.

3.) Now that you’ve sold your Bitcoins you’ve received the amount in INR Wallet.

4.) Click on Withdraw.

5.) Enter the amount you would like to redeem and also choose the Bank Account.

Note: Withdrawal process takes only 3-4 hours only but sometimes it can also extend to 24 hours.

Timings: 10 AM to 7 PM on weekdays (Mon-Fri)

More Details about Unocoin:

 

pocketbits-logo

Pocketbits

Pocketbits is also one of the new Bitcoin Brokers known for their super fast support and instant help. Sell your Bitcoins on Pocketbits Website and redeem your Bitcoins in Bank Account.

The concept of Pocketbits and Unocoin are almost same.

To Transfer Bitcoins to Bank Account on Pocketbits please follow these steps:

1.) First of all, Open Pocketbits Dashboard.

2.) Sell your Bitcoins.

3.) Now that you’ve sold your Bitcoins you’ve received the amount in INR Wallet.

4.) Click on Withdraw.

5.) Click on the INR Option and it will automatically show the Bank Account.

6.) Enter the amount you would like to redeem and click on submit.

Note: The INR withdraw amount should be greater than Rs.1,000 and less than Rs.50,00,000.

You can Join Pocketbits from here:

Pocketbits Referral Code: BU99-B003

 

Sell on P2P Trading Sites

Localbitcoins

At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. Your reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your Bitcoin purchases directly.

 

Paxful

Paxful is also a peer-to-peer Bitcoin Trading Website where you can buy Bitcoins using Paypal, Amazon Gift Cards or any available payment methods.

I’ve listened that some people are selling used Gift Cards on these websites so make sure to verify everything before finalizing the deal.

While buying from P2P sites make sure to check the seller ratings, feedbacks whether the seller is legit or not.

Sell on Facebook Groups, Bitcoin Forums

This method is risky but you can still have an extra option.

Sell your Bitcoins directly in Facebook Groups, Bitcoins Forums and ask them to send you IMPS, NEFT. Sell Bitcoins instantly using E-wallets like Paytm, Freecharge, PhonePe, etc and then Transfer Bitcoin to Indian Bank Account.

I would highly recommend you to stick with first 2 methods but still if you are unable to do so then go ahead and join Facebook Groups.

Go ahead join the Group and comment on the post that I need Bitcoins with the payment mode.

Deal via Mediators only or else you may get ripped and there’s nothing the admins and mediators can do later!

Dealing via Mediator is always a good practice!

Another way to Convert your Bitcoins to INR is to sell your Bitcoins Offline for Real Cash. Start Introducing your friends about Bitcoins and if they are interested about it then ask them if they would like to buy bitcoins.

That’s it! These were the possible ways where you instantly Transfer your Bitcoin to Indian Bank Account.

 

Tips & Tricks to get Highest Selling Price

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Honestly, everyone would like to sell their Bitcoins for a higher price but how do you get it? 😛

I’ve found a website where you can instantly compare prices from different Indian Bitcoin Exchanges.

Now that you can easily compare where you can get the higher price sell it accordingly.

You can easily get Live Bitcoin Rates of Buying and Selling with fees. The website name is Bitcoin Exchange Rates in India.

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I hope you found this post informative and if you did then please do share it with your friends and help them also to Convert Bitcoins to INR.

If you have any extra suggestions then feel free to share it in the comments section 🙂

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