Where can I convert BTC to INR?

How to sell Bitcoin in India?

How to sell Bitcoin for fiat on MoonPay

1. Create your free account. Selling Bitcoin on MoonPay is simple. ...
2. Choose a cryptocurrency to sell. Select Bitcoin from the dropdown list of cryptocurrencies and choose the amount of BTC want to sell for fiat.
3. Connect a payout method. ...
4. Cash out and receive your money.

Who owns 90% of Bitcoin today?

As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.

How much would $1000 worth of Bitcoin be worth 10 years ago?

5 years ago: If you invested $1,000 in Bitcoin in 2020, your investment would be worth $9,689. 10 years ago: If you invested $1,000 in Bitcoin in 2015, your investment would be worth $496,927. 15 years ago: If you invested $1,000 in Bitcoin in 2010, your investment would be worth about $1.62 billion.

Can I transfer Bitcoin to my bank account?

Crypto exchanges adopt these two protocols to enable buying and selling crypto coins and tokens on their platforms using fiat money, such as USD or EUR. This way, users can use USD to buy Bitcoin, for example. Also, they can sell their crypto assets to the exchange and withdraw Bitcoin to a bank account.

Is 70% tax on crypto in India?

Consequences of Non-Compliance

Indian authorities may impose tax penalties of up to 70% on previously undisclosed crypto profits. Interest accrues on any unpaid tax. In severe cases, criminal prosecution is possible.

Can I convert Bitcoin to cash legally?

Centralized exchanges like Coinbase, Binance, and Kraken are the easiest way to cash out cryptocurrency. These exchanges allow you to sell your crypto for fiat — then transfer the funds to your bank account!

Can I convert BTC to INR in Binance?

Bitcoin to INR conversions on Binance are processed instantly. However, processing times may vary depending on network congestion, market liquidity, and trading volume.

Is Bitcoin legal in India?

Yes, Bitcoin and other cryptocurrencies are legal to buy, sell, and hold in India as of late 2025, but they are not legal tender (not official currency) and are subject to strict regulations, heavy taxation (30% on gains), and mandatory KYC on registered exchanges, with the government imposing rules for transparency and tracking, though a comprehensive framework is still evolving. 

What if I invested 1000 rs in Bitcoin in 2010?

If you had invested Rs 1,000 in Bitcoin in 2010, it would be worth Rs 2,450 crore today. Bitcoin started at just a few cents and grew rapidly due to its limited supply and increasing popularity. Its rise shows how powerful early investments in new technologies can be.

How to withdraw BTC to INR?

Here's how:

1. If you don't already have it, download the Revolut app for iOS or Android, then sign up.
2. Open your app and tap Crypto on the home screen.
3. Tap Trade, select your BTC balance, and hit Sell.
4. Pick INR as the currency you want to convert your BTC into.
5. Enter the amount of BTC you want to convert to INR.

Can Bitcoin be converted to cash immediately?

You can sell your crypto to your cash balance at any time without restriction. Based on the payment methods available to you, you can then transfer, withdraw, or leave your cash balance for future crypto purchases. Before you sell, make sure you have the latest version of the Coinbase app.

How is Bitcoin taxed?

If you're holding crypto, there's no immediate gain or loss, so the crypto is not taxed. Tax is only incurred when you sell the asset, and you subsequently receive either cash or units of another cryptocurrency: At this point, you have “realized” the gains, and you have a taxable event.

What if I invested $20 in Bitcoin in 2009?

If you had purchased $20 in Bitcoin in 2009, you would have bought around 20,000 Bitcoins. Based on today's value, those 20,000 Bitcoin would be valued at nearly $2 Billion.

Is it worth putting $5000 into Bitcoin?

So, if you're looking to invest $5,000, the better choice is probably Bitcoin for most investors. Those who are willing to use a long-term strategy of buying and holding it will have a much lower chance of losing their money.

Does Elon Musk own any Bitcoin?

Musk has stated that he does not own any bitcoin, and Tesla stopped accepting it as payment in 2021.

Who sold 10,000 Bitcoin for pizza?

In a groundbreaking transaction on May 22, 2010, programmer Laszlo Hanyecz made history by purchasing two Papa John's pizzas for 10,000 Bitcoin, marking the first real-world commercial use of the cryptocurrency.

How many people own 1 BTC?

As of 2025, an estimated 480 to 500 million people worldwide own Bitcoin in some form. However, less than 1 million wallets hold at least 1 full BTC, showing how scarce it has become to own one whole Bitcoin.