Without Bank: How To Redeem Bitcoin in Rupees - Indian Crypto Exchange New Alternative Here

How To Reedeem bit Coin In Rupees. As we all know Zebpay is the fastest and easiest way to buy bitcoin in Cryptocurrency. Zebpay released notification on 21st June that if there will be no solution from Court or RBI then they will enclose withdraw and deposit services of INR or Indian rupees.

As you know RBI circular is 6th April according to that bank has given 3 months time in which bank has to break their relation with cryptocurrency dealers and exchanges or has to enclose bank exchanges services on that behalf Zebpay said that 3 months has been completed and they enclosed withdrawn and deposit services for Indian rupees.
Zebpay is biggest cryptocurrency and it becomes difficult for that to operate because crypto dealers may do many withdrawn within two days so that they enclosed it within one day as per their notification for last 15 days that if it will happen then be ready and told that if they kept INR instead of crypto on their Zebpay exchange then take that into their bank account.
According to their notification on 21 June if it will happen what will be the option for cryptocurrency dealers in India. The hearing will be on 2oth of July if they gives stay on it everything will remain same on withdraw and on deposit in India.
What Is Alternative
We have two most alternatives here. Peer to Peer koinex and Wazirex already planned for this upcoming problem of deposit and withdraw in India. Person to person which I told you in my previous post that how it will help.
The second alternative we have are Skrill and Neteller the international website on which you can sell your Bitcoin and can receive INR into rupees.

Most people have major part of cryptocurrency they have about @20,000 they can easily justify with their account and other will have some alternatives. Almost Indian exchanges are ready to start to enclose deposit and withdraw banking services.
So 10-15 days can be panic but there is no need to get panic have patience don’t worry hearing is pending and there are chances of stay if it happens all will get back to same.

We can only hope for cryptodealers in India because it can get some difficulties for them to convert their crypto into rupees. Let see what happens.
If you like my post please comment below
Thank you.