// Faq
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INC to INR withdrawal fee is INR 1% + bank transfer fee INR 6500 (if any)
You can withdraw your Indiya Coin after verifying your identity (KYC) and register your bank account.
Step 1 – Select the withdrawal token menu on the indiyacoin.com dashboard, then select the token that you want to withdraw
Step 2 – Deposit your INC to the redemption wallet provided
Step 3 – Fill the amount you want to withdraw and select a verified bank account
Step 4 – Click “Confirm”
We have a special bank account dedicated to deposit the fiat Rupees reserves in our local bank account in India. In order to create trust and accountability in our operations, INC is also audited by third-party accountants to conduct monthly audits of our bank accounts and INC tokens in circulation. This audit report is published on our official website. The report includes the total amount of INC in circulation.
No, it can not. As guaranteed on Indiya Coin web, 1 INC will always worth 1 Rupee, like an e-wallet, but stands on the blockchain.
We are in the process of partnering with multiple exchanges. Follow our blog in https://indiyacoin.com/blog for the latest update!
Ethereum is the most widely-used, trusted, and community-supported public blockchain that is equipped with Smart Contract capabilities. It is the blockchain of choice for Stablecoins and other Decentralized Finance (DeFi) movement. Releasing INC on top of Ethereum makes it inherently compatible with many exchanges, wallets, and other exciting DeFi projects (such as blockchain-based lending, etc) that are currently being developed globally.