How to Convert USDT into INR in Wazirx: A Detailed Guide
Converting USDT to INR on Wazirx can be a straightforward process if you follow the right steps. In this guide, I’ll walk you through the entire process, from setting up your account to completing the transaction. Let’s dive in.
Creating a Wazirx Account
Before you can start converting USDT to INR, you need to create a Wazirx account. Here’s how to do it:
- Visit the Wazirx website and click on the “Sign Up” button.
- Enter your email address and create a strong password.
- Complete the captcha to verify that you are not a robot.
- Check your email for a verification link and click on it to activate your account.
Verifying Your Account
Wazirx requires you to verify your account before you can start trading. Here’s how to do it:
- Log in to your Wazirx account.
- Go to the “Profile” section and click on “Verify Account”.
- Upload a government-issued ID, such as your passport or Aadhaar card.
- Upload a recent photo of yourself holding the ID.
- Wait for Wazirx to review your documents. This process can take a few hours to a few days.
Adding Funds to Your Wazirx Account
Once your account is verified, you need to add funds to it. Here’s how to add USDT to your Wazirx account:
- Go to the “Funds” section of your Wazirx account.
- Click on “Deposit” next to USDT.
- Copy the USDT deposit address provided by Wazirx.
- Send USDT to the address you copied. Make sure to include a note with your transaction ID.
- Wait for the USDT to be credited to your Wazirx account. This process can take a few minutes to a few hours, depending on the blockchain network.
Converting USDT to INR
Now that you have USDT in your Wazirx account, you can convert it to INR. Here’s how to do it:
- Go to the “Trade” section of your Wazirx account.
- Click on “Spot” to access the spot trading platform.
- Enter the amount of USDT you want to convert to INR in the “Buy” field.
- Select INR as the currency you want to receive.
- Review the transaction details and click “Buy” to complete the conversion.
Withdrawing INR from Wazirx
After you’ve converted USDT to INR, you can withdraw the INR from your Wazirx account. Here’s how to do it:
- Go to the “Funds” section of your Wazirx account.
- Click on “Withdraw” next to INR.
- Enter the amount of INR you want to withdraw.
- Select your bank account as the withdrawal method.
- Enter your bank account details and click “Withdraw” to complete the transaction.
Understanding Fees and Limits
It’s important to understand the fees and limits associated with converting USDT to INR on Wazirx:
| Transaction Type | Fee | Limit |
|---|---|---|
| USDT Deposit | 0.0005 USDT | None |
| USDT Withdrawal | 0.0005 USDT | None |
USDT to INR Conversion
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