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Indian Rupee (INR) to CTC (CTC) Instantly

Purchase CTC (CTC) with Indian Rupee (INR) easily at Switchere and benefit from fast, secure transactions.

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About
CTC (CTC)

Creditcoin (CTC) is a foundational blockchain technology designed to address a critical gap in the global financial system: the lack of a universal, transparent credit history. Its primary objective is to create a decentralized network for a borderless credit market, specifically targeting the unbanked and underbanked populations. By recording loan performance on a public digital ledger, Creditcoin provides a mechanism for individuals and businesses to build a verifiable, on-chain credit history. This digital asset aims to bridge the divide between traditional finance and DeFi applications, fostering greater financial inclusion by making credit more accessible and transparent across the globe through its innovative Web3 infrastructure.

The core of the Creditcoin protocol involves linking real-world, off-chain loan agreements to its immutable blockchain. This process creates objective proof of creditworthiness that is not controlled by any single entity. The native utility token, CTC, is integral to the ecosystem's operation. It is used to pay for transaction fees required to record credit transactions, such as loan requests and repayments, on the chain. Furthermore, CTC can be utilized for staking to enhance the cryptographic security of the network. This unique approach to integrating real-world assets (RWA) in the form of private credit establishes a foundational layer for on-chain reputation and new financial products.

CTC (CTC)

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How to Buy CTC (CTC)

  1. Select currency menu

    Choose INR to CTC Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your CTC Wallet Address

    Provide your CTC wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your CTC

    Complete the payment, and your CTC will be sent to your wallet.

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Frequently Asked Questions

  • What is the most common way to buy Creditcoin (CTC) with Indian Rupees (INR)?

    The most common method is using a regulated Indian cryptocurrency exchange that lists the INR/CTC pair. Users typically complete a KYC (Know Your Customer) process, then deposit INR via UPI (Unified Payments Interface) or bank transfer (IMPS/NEFT). This fiat on-ramp allows for a direct digital asset purchase, converting INR into CTC on the exchange's order book.

  • What security measures should I take when converting INR to CTC and storing it?

    For secure trading, always use a reputable exchange with strong security protocols and enable two-factor authentication (2FA). After purchasing CTC, the best practice is to transfer your digital asset from the exchange to a personal digital wallet where you control the private keys. This minimizes counterparty risk. Ensure your wallet is backed up and your seed phrase is stored offline in a secure location.

  • How does the Creditcoin blockchain (PoS) work after I acquire CTC?

    Once you hold CTC, you are part of the Creditcoin ecosystem, which uses a Proof-of-Stake (PoS) consensus mechanism. Your CTC tokens are used to record and verify credit transactions on its ledger, creating an objective credit history. You can also participate in staking to help secure the network and earn rewards, contributing to the overall integrity of this decentralized credit network.

  • What is the strategic importance of the INR/CTC pairing for fintech and the unbanked?

    The INR/CTC pair is significant because it directly connects the Indian economy to Creditcoin's decentralized credit ecosystem. This allows for the potential tokenization of real-world assets (RWA) like credit history. For fintech integration, it provides a gateway for services targeting the unbanked by creating a verifiable, borderless credit ledger on the Creditcoin blockchain, potentially unlocking new lending opportunities.

  • Are there specific KYC regulations in India for INR to CTC transactions?

    Yes, any fiat on-ramp in India is subject to strict KYC/AML (Anti-Money Laundering) compliance. To buy CTC with INR, you will need to provide government-issued identification like a PAN card and an Aadhaar card to the cryptocurrency exchange. This process is mandatory for linking your bank account and conducting legal blockchain transactions.

  • What are the typical fees and transaction times for an INR to CTC purchase via UPI?

    Using UPI for INR deposits is generally instant and often has very low or zero fees from the payment provider, making it a highly efficient fiat on-ramp. However, the cryptocurrency exchange will charge its own fees, typically a small percentage as a trading fee for the INR-to-CTC conversion. The final blockchain transaction to move CTC to a private wallet will incur a network fee paid in CTC.

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