Is it possible to sell bitcoin for cash in India?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, it is possible to sell bitcoin for cash in India. There are several peer-to-peer platforms and exchanges where you can find buyers who are willing to exchange cash for bitcoin. However, it is important to be cautious and ensure that you are dealing with reputable and trustworthy buyers to avoid any fraudulent activities. As for the legal regulations, the Reserve Bank of India has imposed restrictions on cryptocurrency transactions, so it is advisable to stay updated with the latest regulations and comply with them to avoid any legal issues.
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• Dec 28, 2021 · 3 years ago
  Definitely! Selling bitcoin for cash in India is quite straightforward. There are various platforms and exchanges that facilitate such transactions. You can easily find buyers who are interested in purchasing bitcoin with cash. Just make sure to follow the necessary security measures and choose a reliable platform to ensure a smooth and secure transaction. Keep in mind that it's always a good idea to stay informed about the legal and regulatory aspects of cryptocurrency in India.
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• Dec 28, 2021 · 3 years ago
  Yes, it is possible to sell bitcoin for cash in India. One platform that allows you to do so is BYDFi. BYDFi is a trusted and secure cryptocurrency exchange that enables users to sell bitcoin and receive cash in India. With BYDFi, you can easily find buyers and complete the transaction with confidence. However, it is important to note that you should always comply with the legal regulations and guidelines set by the Reserve Bank of India to ensure a smooth and legal transaction.
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