Crypto-to-fiat pairs are essential for users to move between the cryptocurrency world and the traditional financial system. Here we look at the most popular pairs used in India.
In India, the most popular cryptocurrency-to-fiat trading pairs involve the Indian Rupee (INR) and major cryptocurrencies. The leading crypto-INR pairs include:
- BTC/INR: Bitcoin to Indian Rupee
- ETH/INR: Ethereum to Indian Rupee
- USDT/INR: Tether (a stablecoin) to Indian Rupee
- XRP/INR: Ripple to Indian Rupee
- LTC/INR: Litecoin to Indian Rupee
These pairs are commonly offered by Indian cryptocurrency exchanges, facilitating direct trading between INR and these digital assets. For instance, platforms like ZebPay support trading in various crypto-INR pairs, allowing users to buy and sell cryptocurrencies directly with INR.
Additionally, some exchanges provide fiat gateways enabling users to purchase cryptocurrencies using INR through various payment methods. For example, Binance allows Indian traders to buy multiple cryptocurrencies like Tether, Chainlink, Aave, Matic, and USD Coin directly with INR via bank transfer, UPI, and IMPS.
These trading pairs and fiat gateways enhance the accessibility and convenience of cryptocurrency trading for Indian users.
Other popular pairs in India are: