Indian Cryptocurrency Exchanges Bypassing RBI With P2P Trading Service.

in bitcoin •  last year 

Hello Guys, According To The Latest Report Two Major Indian Cryptocurrency Exchanges Are Launching P2P Trading Service To Bypass RBI Ban And Allow Users To Buy And Sell Cryptocurrency Legally Even After RBI Ban.

The Two Major Exchanges which Are Launching P2P Trading Service Are:-


Last week CEO of Wazirx Announced That exchange is launching a P2P crypto transfer service which it claims to be “the most legal way to buy/sell cryptos in India after the RBI ban".
He Also Told that with this P2P service the buyer and seller can deal with each other directly while Wazirx acts as an escrow account for holding the cryptos during the transaction so that neither seller Nor Buyier will cheat.



Last Week Koinex, also announced that it is launching Peer-to-Peer network for digital assets transactions using fiat currency”. The new service will be integrated into the Koinex web platform and the mobile app. They Also announced Koinex existing users will automatically have access to it Once it Get Launched.

Now This is How Exchanges are finding ways to Bypass RBI and Indian Government.What You thinks About it? Does RBI Leave Them and allow to Do Transaction? Please Tell Your Veiews in Comment section.

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