How To Convert USDT (Tether) to INR (Indian Rupee) In India

How To Convert USDT (Tether) to INR (Indian Rupee) In India
2 min read
26 December 2023

Introduction:

Tether (USDT) has gained prominence as a stablecoin tethered to the US dollar since its establishment in 2014, aimed at mitigating price volatility. In contrast to the unpredictable nature of other cryptocurrencies, Tether (USDT) provides a stable option. Facilitating ease of use, Koinpark, a prominent cryptocurrency exchange platform, allows users to effortlessly convert USDT to INR, thereby improving accessibility within the cryptocurrency market.



Choose a Cryptocurrency Exchange:

Create an account:

  • Sign up for an account on the chosen cryptocurrency exchange platform
  • This usually involves providing necessary personal information and completing any required verification processes.

Deposit USDT:

  • Deposit your USDT intoyour exchange wallet. 
  • This frequently requires navigating to the deposit section of the cryptocurrency exchange app and transferring your USDT from your external wallet to the provided deposit address on the platform.

Place a sell order:

  • After depositing your USDT, head to the trading section of the platform and initiate a sell order for USDT to INR
  • Specify the quantity of USDT you wish to sell and establish the desired price.

Wait for execution:

  • Your sell order will be matched with a corresponding buy order on the exchange. 
  • Once the order is executed, you will have INR credited to your exchange account.

Withdraw INR:

  • If you intend to use the Indian rupees outside the exchange, you can withdraw them to your linked bank account. 
  • Navigate to the withdrawal section, provide the necessary details, and initiate the withdrawal process.

Conclusion:

choose Koinpark, create an account, deposit USDT, and then set a sell order with a specified amount and price. Prioritize security by opting for trusted exchanges like Koinpark for a secure conversion experience.

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Bert Beffort 2
Joined: 5 months ago
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