How to transfer any currency (USD/EUR/INR) or Cryptocurrency to your bank account:

in #withdraw7 years ago (edited)

The best way to do this:

  1. Open a Coinbase wallet https://www.coinbase.com
  2. Link Coinbase to your bank account
  3. Withdraw your USD or even Bitcoin / Ethereum / Litecoin from Poloniex and send it to your Coinbase wallet
  4. From your #Coinbase wallet, you can transfer your USD directly to your bank account

I know it should be made easier, but this is the easiest method at the moment!

PS. #India has finally accepted to regulate Bitcoin as a currency!
Read more on: https://steemit.com/bitcoin/@steve-speaks/india-will-accept-bitcoin-to-be-regulated-this-can-be-a-big-win-for-btc

Any questions? Please follow me, you can talk to me on Steem.Chat or mention me in a comment on this post.

Steem on!
@steve-speaks

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thanks for this lecture.i learnt a lot.
upvoted.follow back

Welcome, I'm following you back.
If you think it's useful for your followers too, please #resteem. You'll earn curation from it too :)

Can it be transferred to Indian banks through Coinbase?

Yes. They transfer to all currencies, also INR (Indian Rupee).

There are 2 payment methods:

  1. Creditcard
  2. Bank account. Your bank needs to accept SEPA-payments to use this.

I hope this helps :)

Thank you for the confirmation. Will give it a try

I am learning step by step. Thank you for this useful tip. Following you now.

Good, keep learning everyday and after a while, you're suddenly Einstein :) Have a good day sir

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