Instashift.io has added a total of 9 crypto/INR pairs starting with only BTC/INR. It is a new service from India that allows users from India to purchase and sell cryptocurrencies for INR with KYC using their exchange.
They are officially registered in Estonia. This actually allows them to provide a quick and easy way to change your crypto for Indian rupee and vice versa without holding any of your INR funds. You can easily place an order and have it fulfilled without any KYC compliance necessary.
My only concern at the moment is the low daily volumes but that's likely to increase now as more traders will consider p2p and otc channels for entering and exiting the market.
RBI ban has opened up new avenues for business and this is one of them.
In case you need assistance in using their services you can log on to their telegram channel. Admin and exchange owner is very active here: https://t.me/instashift
Give them a try and let me know what you think in the comments below!
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