Fellow steemians,
Indian banks stopped accepting crypto payments and this the reason that many Indian crypto users scared. And many people left crypto world and said good bye. But you Do need to be scare because there are lots of better ways opened for Indian crypto users after Rbi stopped accepting payment from crypto exchanges .
Yes there are lots of P2P And paypal exchanges available to sell your crypto currency. And this is the way to get INR. Anyway Friends here i want to share my experience.
Before Wazirx, i am selling my crypto to my friend and he always buy in low rate for example if USD/INR rate is 70 RS, he give me 65 RS aur 66Rs.
And another services take highest charge and fees.
But in wazirx, you will get the amount from live USD/INR rate. So this is the main benefit. Another plus point is speed, Within 5 to 30 minute you will get the buyer. (sometime it takes time it's depended on buyers choice)
So that's why i recommend you wazirx Exchange.
How it works
First You need to place the order and you can set the amount too. But i recommend you default price of USDT.
They accepting USDT because it is stable coin in crypto market.
So after you place the order, it will find buyer for you like a Bluetooth. And within 5 to 30 minute you will get the buyer.
Now the notification will appear and it say to confirm the payment. And also you will receive the call from wazirx.
when you confirm that you have received the complete amount then you need to approve the buyer request.
And when you approve buyer request, Your USDT will be transferred to buyer account.
So this is the process.
Requirement to use this service
You need to complete your kyc to use this service. And also you need to add (imps) Bank details there.
And verify your email and mobile number Thorough SMS. So these are the requirement to use the p2p service.
You will receive 100 WRX (wazirx coin) After you complete your 1st trade.
Protection of buyer and sellers
This is the Very good point that attracted me to use wazirx service. Wazirx have a dispute system that help to protect you from scam.
So if you using wazirx p2p, you don't need to take a tension about your transaction.
Conclusion
So folks, this is the best indian exchange to use and it's system is flexible and smooth to use. No difficulties in trading and p2p services. you can visit Wazirx website from here.