RBI Ban Bitcoin & Crypto Trading In India! No Worry This SIte Will Help You To Trading.
Bitcoin, and other cryptocurrencies cannot be paid for using the systems and portals of Indian banks, according to RBI rules.
Date 5th July 2018 Reserve Bank Of India Decided To Ban Bitcoin & Crypto Trading In India . After this news Indian Crptotraders Thinking What ? How To Now Trade in Crpto ? How To Get Profit ?
Today I Itradus One WEB SITE for after RBI Decision all indian investor Or Crypto Traders can Trading in Bitcoin Or Other Crypto Currency ,Buy or Sell All Coins or Exchange it .
Shoking ?
Yes Its True !
This Site Is Wazirx !
Wazirx site is for trading in crypto from india after Reserve Bank Of India Decision
its complatly Safe of Secure
How can I trade on WazirX now?
We’ve already launched crypto-to-crypto trading and it’s unaffected. Our BTC market has great liquidity and our prices are on par with international markets. Read more about crypto-to-crypto on our blog here.
When will INR Deposits & Withdrawals resume?
We’ll find out after Supreme Court’s hearing on the stay order of the RBI Ban on 20th July. Let’s keep our fingers crossed till then.
Are our cryptos safe? Is crypto-trading in India illegal now?
Your cryptos are absolutely safe! Also, the RBI ban doesn’t make crypto trading illegal in India. It’s very much legal; the restriction is applicable to the RBI-regulated entities and not individuals.
How will we do INR deposits and withdrawals now?
We have an elegant solution called WazirX P2P where a buyer and seller can deal with each other directly while WazirX acts as an escrow account. It’s perhaps, the easiest way to cash in/cash out of crypto in India. Here’s how it works:
WazirX connects the person looking to buy crypto for INR with someone who’s looking to sell crypto for INR
WazirX escrows the seller’s crypto for safekeeping of the transaction
The buyer transfers INR directly to the seller’s bank account
Once the seller confirms the receipt of the payment, WazirX will transfer the escrowed crypto to the buyer’s WazirX wallet
But is it safe for me?
We verify the KYC details of every user before allowing them to trade on WazirX, and keep a record of each and every transaction that occurs on our exchange. Hence, you don’t need to worry about the legitimacy of the person you’re transacting with — it’s all taken care of! Moreover, P2P is perhaps, the safest and most legal way to cash in/cash out of cryptos in India. Once you cash in, you can trade in crypto-pairs like a boss, then cash out with ease!
We strongly believe that the safety of your crypto is of paramount importance, and this is where WazirX escrow service comes into play. If you’re a seller, we’ll not release your crypto to the buyer until you confirm the receipt of INR. We’re also building a robust Dispute Resolution engine to detect and resolve any dispute between a buyer and seller. Regardless, WazirX will ensure a fair P2P transaction where you don’t have to worry about the safety of your crypto assets at all.
When will it be available?
We’ll make P2P live as soon as the RBI ban on banking services dealing with crypto comes into effect. We’ve built WazirX with the intention to involve every Indian into the blockchain revolution, and our resolve is stronger than ever! That being said, I really hope that the RBI changes its stand on crypto transactions in India, but irrespective, we’re here to make sure you’ll not be stranded. The show will go on with P2P!
Jai hind!