There are many solutions for every problem always need to find out and should use anyone which is comfortable for you. I think almost all are well aware about RBI decision of banning to direct buying or selling cryptocurrency from your bank account, means unable to use your own money to buy or sell cryptocurrency. In this tough situation i was finding easy solution and i was planing to use Paypal as a solution but there was little long process then i read a post of @firepower about https://localbitcoins.com/ and decided to signup and did it within two days. I had used this site two times in buy and selling of BTC and it was really good experience within half an hour i had btc or money in my wallet. First time i was little nervous because everything was new there hence take 30 minutes to understand all process. I will describe some important things about this site ahead.

Steps to trade with localbitcoins.com

• Just need to register yourself as you do for other exchanges and choose a good user name.

• You have to confirm a link sent by localbitcoins.com in your e-mail.

• After confirmation of link you have to register mobile number and KYC document. You can upload DL, PAN card. You should give real name as well but it is optional.

• You have to bring your bitcoin from bittrex or other exchanges to your localbitcoins.com wallet. After clicking on your wallet there will be two tabs one is send or other is receive and when you will click on receive then you will have new BTC address and you have to put address in bittrex during withdrawing.

After above formalities now you can trade in this site easily. You have to choose quick sell or quick buy.. option for trading.

You will have above image in home page and from here you can start your trading.

I have tried to explain how you can select currency, country and payment method. You will have list of many seller and buyer in home page too and by clicking to anyone you can start trading. It is very easy i think. When you will select a merchant and put your BTC value you will have respective value of BTC in local currency in another box just left side of BTC box like as bellow :

After filling all required value of currency or BTC you will see a tab start trading now or start selling/buying and if you click on this means your BTC will be locked in ESCROW ledger (If you selling) and just after getting fix amount you will have to release your BTC in fix time other wise it will be auto release.
There are various payment mode including Paytm, Paypal and online wallet. Banking service like IMPS, NEFT and other services are also availvale there just like bellow image :

You have to choose to any one payment mode to start selling or buying.

Special suggestion for new users :

Always set Two-factor authentication from security option under your profile section.

So now my Indian friends start trading now with your INR after banning of RBI. This is my own experiecne and i can't force anyone to use this only. However fee is nominal..

Thanks in advance for all !!
@face2face

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