Create an Account:
Sign up for an account on the Koinpark (FIU-registered trusted cryptocurrency exchange platform). This typically involves providing your email address, creating a password, and completing any necessary KYC (Know Your Customer) verification.
Deposit Ethereum:
After logging in, navigate to the wallet section of are crypto wallet.
Find the Ethereum (ETH to INR) wallet address provided by Koinpark.
Transfer your Ethereum from your crypto wallet or another exchange to the provided Koinpark wallet address.
Sell Ethereum:
Once your Ethereum is deposited and confirmed, go to the trading section.
Look for the ETH to INR trading pair.
Place a sell order, specifying the amount of Ethereum you want to sell and the desired price.
Execute the Sell Order:
If the market conditions match your specified price, your sell order will be executed, and you will receive the equivalent amount in INR.
Withdraw INR:
After sell Ethereum, navigate to the withdrawal section.
Request a withdrawal in Indian Rupees to your linked bank account.
Complete KYC (if necessary):
Some exchanges may require additional KYC verification before allowing INR withdrawals. Ensure you have completed any necessary verification steps.
Check Transaction Status:
Monitor your withdrawal and bank transactions to ensure the funds are transferred successfully.
Security Measures:
Enable two-factor authentication (2FA) on your Koinpark account to enhance security.
Conclusion:
Remember, the specific steps and features can change, so it's crucial to check Koinpark's official documentation or contact their customer support for the most accurate and up-to-date information. Additionally, always prioritize security and follow best practices when trading or selling cryptocurrencies.
For more details: https://www.koinpark.com/
Trade Now: https://www.koinpark.com/trade/ETH-INR