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Topic: i want trading in crypto but???? (Read 212 times)

full member
Activity: 490
Merit: 102
December 18, 2018, 11:54:22 AM
#14
Hello, friend i also interested in crypto, reasearch on it last 2 year but i a scared about what decision govt. take ban or not? It's not easy to trade in it without permission.

you suggestion please i am confuse Roll Eyes Roll Eyes Roll Eyes

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jr. member
Activity: 44
Merit: 1
December 17, 2018, 05:30:46 AM
#13
Coming directly to answer of the question. After RBI regulation, several cryptocurrency exchanges stopped their operations while other found a way to buy or sell cryptocurrencies and is legit way.

Previously, I was using Unocoin, Zebpay, Koinex, Bitbns. They all are good having instant withdrawals and deposits. But now, Zebpay closed its exchange. Unocoin is good but is more complex while they can do much better in terms of User experience and automation but still a lot to do.

Now, as these exchange stopped directly working with banks. They started P2P trading. P2P is Peer to Peer trading in which, buyer are directly dealing with sellers and exchanges are just for finding and providing right buyer to right seller.
Currently, you can use Koinex, WazirX and Unocoin to sell or purchase any cryptocurrency in India. I think it is safe according to me.
full member
Activity: 630
Merit: 107
September 29, 2018, 02:04:12 AM
#12
Even RBI morons like the blockchain technology & do not ban them completely . They want banks to not get involved in cryptocurrencies as they consider it as an asset & not a currency . The matter has been on hearing since ages , our legal structure is awful . I will die with bitcoin lol .
jr. member
Activity: 99
Merit: 1
September 16, 2018, 02:30:11 AM
#11
Hello, friend i also interested in crypto, reasearch on it last 2 year but i a scared about what decision govt. take ban or not? It's not easy to trade in it without permission.

you suggestion please i am confuse Roll Eyes Roll Eyes Roll Eyes

Matter between Indian exchanges and RBI is in Supreme Court and September 11, 2018 was the day for final verdict but that was postpone for 12th September and then 13th September.After that there is no news what happen next.You can trade peer to peer or crypto to crypto. I read few news that RBI and SEBI are digging deep about crypto market and they formed separate cells for that and they are planning for future.Just invest only that amount of money which you can hold for long or afford to loss.
full member
Activity: 812
Merit: 142
September 09, 2018, 04:46:58 AM
#10
You want to do trading So you can do it on any International Exchange  To start with little amount

The best thing for the permanent solution is that choose a country where the crypto has being legally accepted and you can go in that country and start your own business if trading and helping the investing other people money as well.
legendary
Activity: 3052
Merit: 1273
September 07, 2018, 08:15:45 AM
#9
First of all, nobody can stop you from trading crypto.
If you think you need permit to trade in crypto, I believe you've been misguided. Even after RBI's decision, people still trade crypto as exchanges have shifted their trading to P2P style as well as they shifted their bases itself outside India. If you want to trade, you can buy TUSD (which is pegged to USD, meaning it will always remain $1 per coin) using INR and then, get bitcoins immediately and trade them at any exchange (e.g.; binance).
For anonymity purpose, you can use VPN and show different country while surfing such exchanges, so to keep your side safe. If you think government can stop you from trading or buying/selling crypto, you haven't understood the concept of crypto yet.
newbie
Activity: 126
Merit: 0
August 10, 2018, 10:31:59 PM
#8
You want to do trading So you can do it on any International Exchange  To start with little amount

Yes can buy Btc from Localbitcoin and trade it for other cryptos in International exchanges like Binance,crex24,bitrex.
newbie
Activity: 53
Merit: 0
August 07, 2018, 09:44:05 AM
#7
You want to do trading So you can do it on any International Exchange  To start with little amount
newbie
Activity: 6
Merit: 0
August 07, 2018, 07:37:19 AM
#6
Trading are not banned in india, You can do crypto to crypto trading but you cannot convert your cryptocurrency directly from cryptocurrency exchanges as they rely on the bank as per the RBI Guidelines. Hearing is still going on the same hope we will get same useful news instead of Tarikh pe tarikh Grin Grin. By the way you can use P2P trading on the WazirX exchange or there are some exchanges which also have P2P services.
newbie
Activity: 14
Merit: 0
July 21, 2018, 06:46:14 AM
#5
Hello, friend i also interested in crypto, reasearch on it last 2 year but i a scared about what decision govt. take ban or not? It's not easy to trade in it without permission.

you suggestion please i am confuse Roll Eyes Roll Eyes Roll Eyes

No worry ! enjoy trading untill September Date for Final Cryptocurrency Petition Hearing  Cool
copper member
Activity: 33
Merit: 0
Converting Mining over "Internet of Transactions"
July 18, 2018, 05:32:10 AM
#4
Hello, friend i also interested in crypto, reasearch on it last 2 year but i a scared about what decision govt. take ban or not? It's not easy to trade in it without permission.

you suggestion please i am confuse Roll Eyes Roll Eyes Roll Eyes

Hello Swati there is no need to be panic, We know this is the most shit decision ever made by Indian Government, there are still way out from this. With the recent announcement by Unocoin they are on the work of making p2p (peer 2 peer ) crypto exchange, a exchange which can't be controlled by the centralized entity. There are others too outside like Ramitano , Local bitcoin. Remitano is the most highest preferred p2p crypto exchange as if right now.
full member
Activity: 307
Merit: 100
July 12, 2018, 04:35:09 PM
#3
If the Indian government chooses to ban crypt rights. But I do not see the possibility of doing this. Because it is temporarily held for 3 months. https://bitcointalksearch.org/topic/bitcoin-will-not-add-even-a-single-rupee-to-your-banks-balance-4626027
Many have made the same comment when giving opinions
From the information in the link, I think the ban has not really been active since the exchanges are still acting as escrow.
The cointelegraph has been said to be clear "India May Not Ban Cryptocurrencies, But Treat Them as Commodities"
newbie
Activity: 126
Merit: 0
July 09, 2018, 09:37:40 PM
#2
This is temprory ban,so dont worry if you are interested in crypto trade start to trade,start with small amount.
newbie
Activity: 154
Merit: 0
July 09, 2018, 02:25:15 PM
#1
Hello, friend i also interested in crypto, reasearch on it last 2 year but i a scared about what decision govt. take ban or not? It's not easy to trade in it without permission.

you suggestion please i am confuse Roll Eyes Roll Eyes Roll Eyes
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