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How to Deposit and Withdraw INR FIAT Currency: A Step-by-Step Guide
How to Deposit and Withdraw INR FIAT Currency: A Step-by-Step Guide
COCO. avatar
Written by COCO.
Updated over a week ago

If you're looking to deposit and withdraw Indian Rupees (INR) as FIAT currency, there are a few essential things to keep in mind. Following the instructions and timeframes provided by the service provider or payment gateway is crucial, as failing to do so can result in delayed or failed FIAT deposits. In this article, we will walk you through the process of depositing and withdrawing INR FIAT currency seamlessly.

Depositing INR FIAT Currency

Step 1: Select a Deposit Channel

First, visit the deposit page and select a deposit channel depending on the amount you're willing to deposit.

Deposit Channels

Step 2: Make the Deposit

After selecting the channel and deposit amount, ensure you make the deposit within the specified timeline and without closing the window. Failure to follow these instructions or experiencing network connectivity issues can result in a failed deposit. In such cases, contact the live customer support and follow the provided steps.

Step 3: Check Your Deposit History

Once you've selected a channel, an order ID will be automatically created in your Deposits page.

Deposit History

Here, you can find the different deposits you've made previously. Click on "Click for Details" on the order with the failed deposit. Provide the correct order ID created during the deposit, a screenshot of the deposit from the wallet/bank, and the UPI/UTR transaction ID.

Note: Customer support will give you a ticket and check with the backend team for the deposit. This process can take up to 48 hours, and in rare circumstances, it may take even longer if transactions are stuck.

Withdrawing INR FIAT Currency

Withdrawals are relatively straightforward. You can withdraw funds through the available channels. However, please note that since banking is involved, withdrawals can take anywhere between 5 minutes to 48 hours.

Tip: Delays can occur while performing FIAT deposits/withdrawals due to failed transactions. If you're looking for seamless and instant transactions, opt for CRYPTO. All transactions in crypto are instant on the platform, with few exceptions.

Conclusion

Depositing and withdrawing INR FIAT currency can be a smooth process if you follow the instructions and timeframes provided by the service provider or payment gateway. Remember to select a suitable deposit channel, make the deposit within the specified timeline, and check your deposit history. If you encounter any issues, contact customer support for assistance.

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