how to change usdt to inr in wazirx,How to Change USDT to INR in Wazirx: A Detailed Guide

How to Change USDT to INR in Wazirx: A Detailed Guide

Wazirx, one of the leading cryptocurrency exchanges in India, offers a seamless platform for users to trade various cryptocurrencies, including Tether (USDT) and Indian Rupee (INR). If you’re looking to convert your USDT to INR on Wazirx, here’s a step-by-step guide to help you navigate through the process.

Creating an Account on Wazirx

Before you can start trading on Wazirx, you need to create an account. Follow these steps to get started:

Visit the Wazirx website and click on the “Sign Up” button.
Enter your email address and create a strong password.
Complete the email verification process by clicking on the link sent to your email.
Fill in the required personal details, including your full name, phone number, and address.
Submit the necessary documents for identity and address verification, such as a government-issued ID and a utility bill.
Wait for the verification process to be completed, which usually takes a few hours.

Depositing USDT on Wazirx

Once your account is verified, you can proceed to deposit USDT into your Wazirx wallet. Here’s how to do it:

Log in to your Wazirx account and navigate to the “Wallet” section.
Click on the “Deposit” button next to USDT.
Copy the USDT deposit address provided by Wazirx.
Send the desired amount of USDT to the copied address using your preferred wallet or exchange.
Wait for the transaction to be confirmed on the blockchain. This process may take a few minutes to several hours, depending on the network congestion.

Converting USDT to INR

After your USDT deposit is confirmed, you can convert it to INR. Here’s how to do it:

Go to the “Trade” section on the Wazirx website.
Select the USDT/INR trading pair.
Choose the type of order you want to place. You can choose from market orders, limit orders, or stop orders.
Enter the amount of USDT you want to convert to INR.
Review the order details and click on the “Buy INR” button.
Wait for the order to be executed. Once the order is filled, the INR will be credited to your Wazirx account.

Withdrawing INR from Wazirx

Once you have INR in your Wazirx account, you can withdraw it to your bank account. Here’s how to do it:

Go to the “Wallet” section on the Wazirx website.
Click on the “Withdraw” button next to INR.
Enter the amount of INR you want to withdraw.
Select your bank account as the withdrawal method.
Enter the details of your bank account, including the account number and IFSC code.
Review the withdrawal details and click on the “Withdraw” button.
Wait for the withdrawal to be processed. This process may take a few hours to several days, depending on the bank and the network congestion.

Understanding Fees and Limits

When trading on Wazirx, it’s important to be aware of the fees and limits associated with USDT to INR conversions. Here’s a breakdown of the key factors: