Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: jackrayan886 on March 22, 2021, 08:13:15 AM

Title: How to convert Ethereum into INR in India?
Post by: jackrayan886 on March 22, 2021, 08:13:15 AM
There are many steps to convert Ethereum in INR but doing this with the help of cryptocurrency exchange is the easiest path.
you can buy and sell There Ethereum (ETH) easily on any cryptocurrency exchanges in India like PCEX Member, WazirX, and Zebpay. for Example I am showing you how to do it on PCEX Member, all the steps were taken under are may  similar to other exchanges but may vary little

These are some steps to be taken for the conversion of Ethereum in INR.

Sign up/Register or Login

Sign up if you are a new member, else login using the existing credentials. It’s a quick process. You just enter your name and email and confirm your email by clicking on the confirmation link received, and you are good to go.


KYC, Bank Account, and Security

PCEX Member sends you a confirmation link on your registered email. Click on the confirmation link received on your registered email. It directs you to a trading screen (shown below) with a graphical user interface showing the ups and downs of different market pairs. Click “deposit” that displays above (encircled in red) to get started.


3 Submit KYC Details: Once you click “deposit” (against the blue arrow in the above image), it takes you to the Assets page as shown below.



Under the Fiat Balance, click on “Deposit”. It opens a dialog box stating verification pending. Click “Verify Now” (as below). You will be navigated to a KYC Details page with some fields asking for name, address, ID proof, and photo. Complete the KYC, and click “Submit”. The details are sent for verification.


4   Add Bank details and Set up 2-Factor Authentication

After successful KYC verification, you receive an email alert. Next, add your bank details and set up a 2-factor authentication with your email and phone number. This enhances the safety of your account and prevents it from getting compromised.
 
 5    transfer your eth to the PCEX Member wallet
         
 6    The next step is to place your order   on a certain amount with INR pairing         

 7    After your  order gets placed and being sold the INR will be sent into your wallet  `

 8    move the cursor to Funds and Click on INR Withdraw
         
 9     Select the Instant to withdraw option from the drop-down menu.

10   Once done, select the bank and enter the amount you want to withdraw. Now Click on the Withdraw button and it’s done.

Title: Re: How to convert Ethereum into INR in India?
Post by: Lukasz on March 29, 2021, 09:50:49 AM
How is the goverment doing on criminalising possesion of cryptocurrencies .... ? Especially with so much Chinese stake in them and the friction there is between  these countries...

To see the Indian Rupee in the electronic format based on BlockChain Technology paired with electricity as global currency and a store of value secured not by gold behind bars but security algorithms and the stock market run by computers with much speculation till then we are going to drown us in our own crap
Title: Re: How to convert Ethereum into INR in India?
Post by: Tubelight on March 30, 2021, 07:08:17 PM
There are many steps to convert Ethereum in INR but doing this with the help of cryptocurrency exchange is the easiest path.
you can buy and sell There Ethereum (ETH) easily on any cryptocurrency exchanges in India like PCEX Member, WazirX, and Zebpay. for Example I am showing you how to do it on PCEX Member, all the steps were taken under are may  similar to other exchanges but may vary little

These are some steps to be taken for the conversion of Ethereum in INR.

Sign up/Register or Login

Sign up if you are a new member, else login using the existing credentials. It’s a quick process. You just enter your name and email and confirm your email by clicking on the confirmation link received, and you are good to go.


KYC, Bank Account, and Security

PCEX Member sends you a confirmation link on your registered email. Click on the confirmation link received on your registered email. It directs you to a trading screen (shown below) with a graphical user interface showing the ups and downs of different market pairs. Click “deposit” that displays above (encircled in red) to get started.


3 Submit KYC Details: Once you click “deposit” (against the blue arrow in the above image), it takes you to the Assets page as shown below.



Under the Fiat Balance, click on “Deposit”. It opens a dialog box stating verification pending. Click “Verify Now” (as below). You will be navigated to a KYC Details page with some fields asking for name, address, ID proof, and photo. Complete the KYC, and click “Submit”. The details are sent for verification.


4   Add Bank details and Set up 2-Factor Authentication

After successful KYC verification, you receive an email alert. Next, add your bank details and set up a 2-factor authentication with your email and phone number. This enhances the safety of your account and prevents it from getting compromised.
 
 5    transfer your eth to the PCEX Member wallet
         
 6    The next step is to place your order   on a certain amount with INR pairing         

 7    After your  order gets placed and being sold the INR will be sent into your wallet  `

 8    move the cursor to Funds and Click on INR Withdraw
         
 9     Select the Instant to withdraw option from the drop-down menu.

10   Once done, select the bank and enter the amount you want to withdraw. Now Click on the Withdraw button and it’s done.
I recommend you that you crate an account I'n FTX. Because this exchange have convert every Coins.