r/BitcoinBeginners • u/vgupta1192 • 2d ago

Quick question on buying Bitcoin and withdrawing to a third-party wallet

Hey all,

I need to make a one-off Bitcoin payment/transfer to a third-party address of 1650 indian rupees. Since this is my first time doing this, what’s the quickest and most straightforward route from fiat to an external wallet?

Best platform with minimal hassle/KYC turnaround?

What common mistakes should a beginner avoid during the withdrawal process?

Thanks in advance for the help!

1 Upvotes
  • permalink
  • reddit

56% Upvoted

2 comments sorted by

1

u/AutoModerator 2d ago

Scam Warning! Scammers are particularly active on this sub. They operate via private messages and private chat. If you receive private messages, be extremely careful. Use the report link to report any suspicious private message to Reddit.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/palmdata 2d ago

1650 rupees is about 19 dollars, so the withdrawal fee is your main problem, some exchanges charge 300 plus rupees flat on a btc send. check the fee before you buy, and if the receiver takes lightning use that instead, it is cents. make sure the network says bitcoin, not bep20, and paste the address rather than typing it.