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How to trade cryptos legally in india?


jumbalu21

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Posted

Hello everybody,
How to make profit from bitcoin trading business (in india)?
I would like to know weather trading of btc is safe and legitimate business in india, are there any legal issues in this ?
Accurate replies are appreciated
Cheers everyone
 

Posted

Cryptocurrency trading is legit as per the law. The problem is withdrawing or converting the sold cryptos into the local currency as Banks do not allow it. This problem has been solved by P2P withdrawal. Although this kind of withdrawal can lead to closure of your bank account, if you do not follow the guidelines of Indian exchange. It is still the best way to make money and earn a livelihood in India.

You need to follow the instruction and you will have your money in your account within 24 hours. Most of my Indian friends as doing it. You can also try.

 

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