Is Crypto Currency illegal In India?

in busy •  7 years ago 

Is it illegal in India to Trade in Bit Coin?

If it is not illegal then from whee can I buy Crypto Currency?

I am very much interested in investing in Steem and having some Steem Dollars also to explore all the added things over here.

As by doing this my profile value will increase and I can make some profit from here?

Any guidance on how to trade from India and earn in Steem is highly appreciable.

#HappyReading #KeepSmiling

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Currently, you can transfer money to any exchange like zabpay from bank account and buy bitcoin or any other crypto-currencies. This currency you have to transfer to other exchange which deal in steem like bittrex, binance etc. Now, you can buy steem from this currency and transferred to your steem wallet. That's it.

ok so I will try on Zebpay only.Any other way apart from this?

currently all indian exchange is working. They will close in few days.
You can buy directly from other steemians, who want to sell.
Or some websites which are selling directly bitcoin from users etc. your can check this post
https://steemit.com/bitcoin/@hungryhustle/top-p2p-cryptocurrency-exchanges-indians-can-use-to-counter-rbi-s-crypto-ban

Would like to take some more tips from you.can I talk to you on whats app or FB.to learn some basics.

To the question in your title, my Magic 8-Ball says:

Very doubtful

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