How to transfer crypto from Coinswitch to Wazirx?

sourav

I have some crypto that I want to switch from my Coinswitch account to my WazirX account. I do not want to go through the ridiculous process of selling crypto, getting cash, transferring it, and then again buying crypto on WazirX. Also, I would lose 1-2% of my balance in transfers.

dharmendar

It is simple to transfer crypto. From your Coinswitch account, convert crypto into BUSD on BNB Chain, which is essentially a gas-free way. Then send BUSD to your wallet. You can use TrustWallet or Coinbase Wallet. Then transfer the crypto to your WazirX account and again convert it into the crypto that you initially held.

gulab

Currently, most Indian exchanges are not allowing cross - exchange transfers. I have faced the same issue on CoinDCX. It is best to sell crypto and then convert it back to crypto in WazirX. Do not do that if you have earned crypto or you will have to incur 30% tax.

vishnu

If your crypto income is from trading, you will have to pay 30% tax. Best way is to use some off-ramp and then some on-ramp solution.