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RE: India Bans Cryptocurrency trading

in #cryptocurrency7 years ago

Now tell me how anyone is going to wthdraw steemit earnings in INR? If RBI doesnt allow anyone to buy bitcoins or other alt coins from Indian Exchanges and they dont allow us to receive any earnings through any exchange either then whats fhe point of holding it back

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You can receive your earnings in cryptocurrency but they are restricting converting it to INR through banks. However, there are peer to peer exchanges like localbitcoin.com that won't be affected by this policy. Moreover, I am sure other exchanges will also find a way out soon.

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