Indian Crypto Exchange Wazirx And Koinex Find a Loophole To RBI BAN

A lot of you have been anxiously asking, “What happens after 5th July?” We present to you the safest and most legal way to cash in/cash out of cryptos in India - Peer-to-Peer (P2P) transfer! ⚡️

Introducing P2P Transfer on a crypto exchange!

Here’s how it works:

1. WazirX connects the person looking to buy crypto for INR with someone who’s looking to sell crypto for INR

2. The seller deposits the crypto with WazirX

3. WazirX escrows the crypto for safekeeping during the transaction

4. The buyer pays INR to the seller

5. WazirX releases the crypto to the buyer as soon we get a confirmation from the seller

We strongly believe that the safety of your crypto is of paramount importance, and this is where WazirX escrow service comes into play. If you’re a seller, we’ll not release your crypto to the buyer until you confirm the receipt of INR.

Cheers to the decentralized world!