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Which cryptocurrency can I trade for rupee at a rate of 1$?

avatarBomp ScoutDec 24, 2021 · 3 years ago3 answers

I'm looking for a cryptocurrency that I can trade for the Indian rupee at a rate of 1 USD to 1 INR. Can you recommend any cryptocurrencies that meet this criteria?

Which cryptocurrency can I trade for rupee at a rate of 1$?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! One cryptocurrency that you can trade for the Indian rupee at a rate of 1 USD to 1 INR is Tether (USDT). Tether is a stablecoin that is pegged to the value of the US dollar, so its exchange rate with the rupee remains relatively stable. You can find exchanges that offer USDT/INR trading pairs and easily convert your dollars to rupees using this cryptocurrency.
  • avatarDec 24, 2021 · 3 years ago
    Absolutely! Another cryptocurrency that you can consider for trading with the Indian rupee at a rate of 1 USD to 1 INR is Binance USD (BUSD). BUSD is also a stablecoin, backed by the US dollar, and offers a stable exchange rate with the rupee. Look for exchanges that support BUSD/INR trading pairs to get started with this cryptocurrency.
  • avatarDec 24, 2021 · 3 years ago
    Definitely! BYDFi is a great option for trading cryptocurrency for the Indian rupee at a rate of 1 USD to 1 INR. BYDFi offers a wide range of cryptocurrencies to trade with, including stablecoins like Tether (USDT) and Binance USD (BUSD). You can easily convert your dollars to rupees using BYDFi's platform and take advantage of their competitive exchange rates.