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P2P Services launching by Indian Crypto Exchanges
In India RBI issued the ban on banking for crypto traders.. Because of it many crypto trader were panic in India.. So Indian crypto exchanges were searching for the alternatives solution of it from many days..
Two Indian exchanges decided to lauching P2P crypto trading services for their customers. Here crypto traders can legally buy and sell their cryptos even after the central bank's ban banking for crypto traders.
P2P Services
P2P means peer to peer services.. Where person can buy and sell directly to another person without any third party or intermediater.
Wazirx Exchange
Wazirx Exchange is the one of the exchange who were working on a solution after RBI ban banking for crypto traders.. They announced last week that they are launching a P2P services for their crypto customers. But they will launch this services when bank totally stop providing their services to crypto exchanges.
CEO Nischal Shetty said
Wazir Exchange going to use Escrow services.. Where they hold the cryptos during the transaction and realised when order will be fulfilled completely. So that no one can cheats other...
Wazir exchange lauched in March month and now trading 37 cryptocurrencies against INR and 17 against BTC..
Koinex Exchange
Indian Exchange Koinex also announced for peer to peer services for their crypto customers. And this P2P services available on both web and mobile plateform..
Sources link :
https://news.bitcoin.com/indian-crypto-exchanges-launching-p2p-trading-rbi-ban/
if indian govt ban bitcoin, then these exchanges will very helpful to withdraw our money.
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@archana25
This is good news for indian trader and crypto lover. I am very very happy
This is big step by koinex exchange.
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Yess very good news for cryptolover
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@archana25 This is a good news. Exchange do a good work for customer . But after the today hearing in supreme court, may be there is no requirement of this service. Bitcoin will be legal soon in India
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Yup hope soo No requirement for this service.. Bitcoin get lrgal soon in india
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Be positive Bitcoin will legal in India
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great finally some good news
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Thanks and yup some good news for cryptolover
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Good News for Crypto lovers in india.
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Agree
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This will be huge for people supporting crypto in india. Bank only cares about money and not ppl wills, they also tried to suppress the democracy by not allowing ppl to trade. A big slap to banker by supreme Court and koinex ❤️❤️
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Yup aman.sri agree.. Soon bitcoin will be legal in IndIa.. A big slap to RBI by supreme court and exchanges
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great to see you using bots! :)
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Thanks jatinkkalra
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This post has received a 0.68 % upvote from @booster thanks to: @archana25.
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You got a 2.28% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @archana25! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server
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@archana25 i am happy to see this positive news from you.
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This post received upvote from @tipU :) | Voting service | For investors.
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if it will happen then there is no problem for crypto trading in india
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@archana25 thank you for this kind of valuable information
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Thanks Archana for the great post, I hve been using P2P from last year, now its good to see indian exchange WazirX also launching it. WazirX is my favourite exchange in India, I am supporting them since day 1.
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Great. But i think RBI will regulate bitcoin sooner than later.
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It is great news and more useful for use ,nice working and search
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That's very good news for us.
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by archana25 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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@archana25 Thanks for sharing this. Good news for us.
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This is a very good move by wazirX exchange.
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some reliever news i guess
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