Banks are scared of Crypto in India

in crypto •  4 years ago 

Most of the Indian crypto exchanges including Wazirx, Coindcx, coinswitch were going through a crisis when the mainstream banks such as ICICI Bank, Paytm bank refused to give payment gateway support for the crypto exchanges. However, last week these crypto exchanges tied up with Mobikwik and are not their payment processor for crypto transactions.
This reminds me of the quote, " Taxis don't like Uber, Hotels don't like Airbnb, And banks don't like Crypto". It's all about an existential crisis. Don't blame your crypto exchange for the trouble that you had last week, they're not the villains in this case.
If you're planning to sign up for India's best crypto exchange, consider using the Wazirx referral code and get an exclusive new user bonus.
The crash of bitcoin and altcoins have made millions of new users feel like they're not late for the party. I see Wazirx referral code has reported a whopping 1M+ new users last week.

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