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