Q. Could we convert the crytocurrency or Bitcoin to either dollar or Rupees?
pmahajan18

Could we convert the crytocurrency or Bitcoin to either dollar or Rupees?


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May, 2019

Cryptocurrency
 18.2 q
1 Answer
  • cryptolord

    Yes, its possible to convert them into Fiat currencies like USD or INR. Look for the local exchanges in your country that provide such services. You can also lookout for P2P platforms such as localbitcoins.com


       

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Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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