Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban and Not supporting banking
All Indian Exchanges Are Strating crypto-to-crypto trading platform called Unodax.
India have similarly launched all-crypto platforms, including Unocoin , Zebpay and Koinex, with the hopes that investors will continue to trade cryptos even without banking support.
One of India’s largest cryptocurrency exchanges , Unocoin , is a member of IAMAI , as are some other major crypto exchanges including Zebpay and Coinsecure.
Unocoin Working on Banking Alternatives
State Bank of Sikkim (SBS) is a lender that is not regulated by RBI and therefore is not affected by the ban.
Please Send Your thinking about The Bitcoin ban in india ?
state bank of sikkim is not a solution...because we can not open account in state bank of sikkim without residency of sikkim...remember Govt. prohibit virtual currency(VC) because they donot regulate it and it does not generates any revenue.so, VC can be treated as Black Money..I think govt. put 18% GST on VR transaction,but it is less feasible to me currently with immediate effect after 19th July..because they did not has a master plan,how to regulate that..Until any masterplan ,Govt. will not allow to transact in VC..
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done
it is hard to survive all this exchanges in Indian market without bank support..
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@udsurve telegram id
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