How to transfer crypto from Binance to Indian exchanges?
With the Financial Intelligence Unit (FIU) issuing show-cause notices to Binance and eight other offshore exchanges last week, Apple has delisted the app from its App Store & Indian telecom operators have blocked Binance and other exchanges website urls. Due to this development, Indian crypto investors are expressing concerns about the safety of their crypto funds and assets. While the future of these exchanges remain uncertain, one potential course of action to safeguard your funds is to transfer your funds to FIU-compliant Indian exchanges.
We have considered Mudrex here as it is 100% FIU-IND compliant and one of the most user-friendly crypto platforms around
.
Step 1. Download Mudrex & Go to the Cryptocurrency Coin page
To do this, click on Coins in the bottom bar and then search for the coin that you wish to transfer.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»In this case, we’ve chosen Bitcoin. Click on More at the bottom, then click on Deposit BTC.
On this screen, choose BNB Smart Chain (BEP-20) as your blockchain network and copy your public wallet address.
Mudrex does not charge any transaction fees.
Step 2. Initiate withdrawal from Binance
Go to your wallet on the Binance app and click on Withdraw.
Choose Bitcoin from the list of cryptocurrencies, and when the popup appears, click on Send via Crypto Network.
On the next screen, paste the Mudrex wallet address that you copied in Step 1, choose the same network that you chose in Step 1, and enter the crypto withdrawal amount. Click on Withdraw.
Step 3. Confirm the deposit
Return to your wallet on the
