How to Sell Crypto in India

TL;DR: Indian users can sell cryptocurrency for INR using Rampnow’s licensed crypto off-ramp with instant IMPS bank transfers. Complete KYC, send your crypto, and receive Indian Rupees directly in your bank account. All major Indian banks are supported. A 30% tax applies on gains, and a 1% TDS applies once annual crypto transfers exceed ₹10,000 (₹50,000 for certain individuals).

Selling Crypto in India

Selling crypto in India has become significantly more accessible for users looking to convert digital assets into Indian Rupees (INR). With IMPS (Immediate Payment Service) bank transfers, Indian cryptocurrency holders can cash out crypto and receive funds directly into their bank accounts.

Whether you want to withdraw crypto to a bank account in India, convert cryptocurrency to INR instantly, or avoid the risks of peer-to-peer trading, regulated crypto off-ramp platforms now offer faster, safer, and more transparent solutions.

Rampnow, an EU-regulated and Poland-licensed platform, provides Indian users with a compliant way to sell cryptocurrency and receive INR payouts, typically processed instantly via IMPS.

India Is a Growing Crypto Off-Ramp Market

India is one of the world’s largest cryptocurrency markets by adoption. A growing investor base, increasing digital payment usage, and widespread banking connectivity have made India a key region for crypto-to-fiat conversions.

Key reasons behind this growth

• Growing cryptocurrency adoption: India consistently ranks among the top countries globally for cryptocurrency ownership and trading volume, driven by a tech-savvy population and increasing awareness of digital assets.
• Strong digital banking infrastructure: UPI, IMPS, and NEFT connect nearly all Indian banks, enabling seamless and reliable cryptocurrency-to-INR transfers.
• Evolving regulatory clarity: While domestic crypto regulations continue to evolve, licensed international platforms like Rampnow provide compliant pathways for Indian users to off-ramp cryptocurrency safely and legally.

These factors have accelerated demand for licensed crypto-to-INR off-ramp solutions.

What’s Changed in India’s Crypto Off-Ramps (2025–2026)

The Indian crypto off-ramp ecosystem has matured significantly in recent years.

• Stricter compliance requirements: Indian tax laws require a 1% TDS on cryptocurrency transactions once annual transfers cross ₹10,000 (₹50,000 for certain individuals), making licensed platforms important for proper documentation and compliance.
• Improved banking acceptance: More Indian banks now support crypto-related IMPS bank transfers, making it easier for users to cash out cryptocurrency, although peer-to-peer (P2P) transactions still face scrutiny.
• Access to EU-regulated platforms: Poland-licensed and EU-regulated platforms like Rampnow now serve Indian users, offering transparent alternatives to domestic exchanges.
• Increased safety awareness: With rising P2P scams and account investigations, users increasingly prefer regulated cryptocurrency off-ramps over informal channels.

Why Avoid P2P and Use Licensed Off-Ramps

Many Indian users experience serious issues when selling cryptocurrency through peer-to-peer platforms.

• Bank account freezes: P2P transactions often trigger fraud alerts, leading to temporary account restrictions and investigations.
• Scams via Telegram and WhatsApp: Unregulated P2P deals expose users to impersonation fraud, fake payment screenshots, and stolen funds.
• Chargeback and reversal risk: Buyers may attempt to reverse transfers after receiving cryptocurrency.
• Tax and audit complications: Incomplete records can lead to TDS reporting errors and compliance risks.

Licensed crypto off-ramps like Rampnow significantly reduce these risks through regulated processes, direct bank transfers, and documented transaction flows. For a detailed breakdown of Rampnow’s licensing and compliance standards, read our full safety and legitimacy overview.

How Selling Crypto Works in India

Selling cryptocurrency in India involves converting digital assets into INR and transferring the payout to a verified bank account through a compliant provider.

Rampnow, licensed in Poland and operating under EU regulatory standards, allows Indian users to sell crypto transparently and securely.

Key points to know

• All payouts are made in Indian Rupees (INR)
• KYC verification is mandatory
• INR payouts are processed instantly via IMPS bank transfers
• Fees are displayed upfront with no hidden charges

How to Sell Crypto in India Using Rampnow

Step 1: Create an Account

Sign up on the Rampnow website using your email address.

Step 2: Complete Verification (KYC)

Complete identity verification by submitting a government-issued ID and a selfie. Higher transaction limits require a valid proof of address. Refer to the KYC verification guide for more details.

Step 3: Enter Cryptocurrency Details

Choose your cryptocurrency, enter the amount you want to sell, and view your INR payout instantly with transparent fees included.

Step 4: Add Bank Account Details

Enter your Indian bank account number, IFSC code, PAN number and account holder name etc carefully.

Step 5: Send Cryptocurrency

Send the exact amount to the provided wallet address and submit the transaction hash (TxID).

Step 6: Receive your INR Payout

After blockchain confirmation, INR is transferred instantly via IMPS bank transfer directly to your linked bank account.

Payment Method: IMPS Bank Transfers

IMPS (Immediate Payment Service) is India’s real-time interbank transfer system that enables fast and secure INR payouts.

IMPS (Immediate Payment Service)

• Speed: Instant, available 24/7
• Availability: Including weekends and bank holidays
• Best for: Immediate INR access after selling cryptocurrency

IMPS bank transfers are secure, widely supported across Indian banks, and ideal for cryptocurrency off-ramping in India.

Supported Banks for Selling Crypto in India

Rampnow supports IMPS bank transfers with all major Indian banks, including:

• State Bank of India (SBI)
• HDFC Bank
• ICICI Bank
• Axis Bank
• Kotak Mahindra Bank
• Punjab National Bank
• Bank of Baroda
• IDFC First Bank
• Yes Bank
• Paytm Payments Bank

If your bank supports IMPS, you can receive INR payouts from Rampnow when selling cryptocurrency.

Fees and Transparent Pricing

Rampnow displays the complete fee structure before you confirm your crypto sell order. There are no hidden charges, ensuring users know exactly how much INR they will receive.

Buy Cryptocurrency With Rampnow

In addition to selling cryptocurrency, Rampnow allows users to buy crypto using credit cards, debit cards, UPI, and IMPS. This makes Rampnow a complete cryptocurrency on-ramp and off-ramp solution for Indian users.

Comparison: Rampnow vs Other Platforms

Feature	Rampnow	Centralized Exchanges	P2P Platforms
Licensing	EU-regulated, Poland-licensed	Varies	Often unregulated
Payout method	IMPS to Indian banks	Multiple methods	Direct transfers
Processing time	Instant transfers	1–3 days	Same day but risky
Safety standards	High AML/KYC compliance	Moderate to high	Fraud-prone
Fee structure	Transparent	Tier-based	Volatile spreads
Account safety	Significantly reduced freeze risk	Platform-dependent	High freeze risk

Tax Implications for Selling Crypto in India

Under Section 115BBH of the Income Tax Act, 1961, cryptocurrency transactions are taxed as follows:

• 30% tax on gains from virtual digital assets
• 1% TDS on crypto transactions once annual transfers exceed ₹10,000 (₹50,000 for certain specified individuals)
• Only the cost of acquisition is deductible
• Crypto losses cannot be offset against other income

Users should maintain detailed transaction records and consult a chartered accountant. Official guidance is available from the Income Tax Department of India.

Safety and Compliance for Indian Users

Selling cryptocurrency through licensed off-ramps ensures:

• AML-compliant transaction monitoring
• Mandatory KYC for fraud prevention
• Transparent and auditable operations
• Direct bank transfers that reduce counterparty risk

Rampnow operates under EU and Polish regulatory frameworks with stringent AML and CFT standards. Learn more in our detailed safety and compliance overview.

Start Selling Crypto in India Today

Selling cryptocurrency in India is secure, transparent, and straightforward with a compliant crypto off-ramp provider. Convert Bitcoin, Ethereum, stablecoins, and other supported cryptocurrencies to INR quickly with instant IMPS bank transfers.