Crypto Transfer India Abroad: How to Send Crypto from India to Other Countries

When you want to send crypto transfer India abroad, the process of moving digital assets from an Indian wallet or exchange to a recipient overseas. Also known as international crypto remittance, it’s become a common way for Indians to send value to family, invest globally, or access DeFi markets not available locally. But it’s not as simple as clicking ‘send’—India’s rules around crypto are still evolving, and mistakes can mean frozen accounts, tax penalties, or even regulatory scrutiny.

Many people assume crypto is anonymous and unregulated, but that’s not true here. The Reserve Bank of India, India’s central bank that oversees financial transactions and foreign exchange controls doesn’t ban crypto, but it does require strict reporting under the Foreign Exchange Management Act (FEMA), the law that governs how Indian residents move money overseas. If you’re sending more than $250,000 worth of crypto in a year, you’re legally required to report it. And if you use an unregulated exchange or P2P platform without proper KYC, you risk losing funds to fraudsters or getting flagged by tax authorities.

Most successful transfers happen through regulated Indian exchanges like WazirX, CoinDCX, or ZebPay, which allow you to convert crypto to INR, then use their integrated international wire services. Others use trusted global platforms like Binance or Kraken, but only after verifying their identity and linking to a bank account that accepts crypto-related transactions. Some users rely on P2P networks—trading crypto directly with overseas buyers via UPI or bank transfer—but this is risky if you don’t verify the counterparty. Scammers often pose as buyers, take your crypto, and disappear.

There’s also the question of taxes. India treats crypto as a taxable asset. If you sell or transfer crypto and make a profit, you pay 30% tax on gains, plus a 1% TDS on every transaction. Even if you’re sending crypto to a family member abroad, the IRS or equivalent foreign authority may still see it as income. That’s why keeping clean records—wallet addresses, timestamps, transaction IDs—is not optional. Tools like Koinly or CoinTracker help, but many Indians still do it manually in spreadsheets.

What you’ll find below are real stories and step-by-step guides from people who’ve done this successfully. Some sent crypto to the US for real estate, others moved funds to Singapore for DeFi staking, and a few used crypto to pay for overseas education without traditional bank delays. You’ll also see what didn’t work—like the guy who used a fake exchange and lost $12,000, or the trader who forgot to file his crypto income and got a notice from the IT department. These aren’t theoretical risks. They’re happening every day.