What to do after that transactions in cryptocurrencies in India has been banned?
Transactions through bank related to cryptocurrencies has stopped in India for now. Now what to do?
So , if we want to cash out your cryptocurrencies in INR or to buy cryptocurrencies in India. How we will do that?
This problem has been solved by an Indian crypto exchange. The name of this exchange is Wazirx. If you are an Indian , then must have used this exchanged or you must have heard about this exchange. This exchanged has introduced the Peer to Peer platform in their exchange with the help of which you will be able to buy or sell your cryptocurrencies.
In this peer to peer transaction you don't need to pay to the exchange . You will be directly paying the seller and the seller will directly sent you the cryptocurrencies. So , I suggest if you are in hurry to sell your bitcoins then you can use this platform. I am also using wazirx and I am also doing transactions in peer to peer mode only. So, this is like a savior at the present situation.
The below is the link to this exchange. Go and read about this peer to peer platform in detail in their website.
https://wazirx.com/
So, Happy trading friends. Hope you make profit.