IndiaDec 6, 2021
AdobeDWMT58

Selling crypto in India

I’m trying to sell some btc I received as part of a gift! What are the complications? Can I just sell on an exchange and transfer to my bank account ?

Conga noname127 Dec 6, 2021

You will lose some in transition fees… might make sense to just leave it there if it is not a very big amount for you.

Adobe DWMT58 OP Dec 6, 2021

Fees are fine, but I need to sell it to put money in stock market, what tax implications I have ?

Conga noname127 Dec 6, 2021

It’s going to be the same as when someone gifts you stocks.

Airbnb PbjT80 Dec 6, 2021

P2P (probably via Binance) is the best way to get money back in account. Most of the exchanges dont support popular banks to credit the amount.

New
1stBernard Dec 7, 2021

Why not take advantage of the about to bull market than just option out.