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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/