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RE: Steem India: Now Trade Steem/INR Pair Directly But There's A Catch!
If the RBI circular hasn't come to close the operations of banks with all the crypto service, I believe in the next one or two years, we could see a trusted altcoin exchange, popular and trusted worldwide and created in India.
Indians have a lot of potential, it is just that our government and some crooked organisations keep creating hurdles for people.
I think we're likely to see OTC trades increase with itme however, the prices currently are low and so are the volumes. Instashift is a good service but their transactions are currently just 10-15 a day from what I read in their telegram. I hope to see that change in the next 2-4 months. I'm prepping for rainy days if incase Indian exchanges are forced to shut down crypto/INR pairs.
I am preparing too. Let's hope it doesn't come to that!