If you are an Indian and you have invested in bitcoin and in any other cryptocurrency than there is going to be so disastrous for you if the entities regulated by Reserve Bank of India (RBI), which include banks, will terminate their existing relationships with firms or individuals dealing in cryptocurrencies.

In April RBI gives buffer time of three months to its investors and that period is going to end on 5th July. It means Indian people will not able to provide any liquidity to cryptocurrencies.

We are having a solution of that as well.

1. WazirX, an Indian crypto exchange, is now set to introduce P2P (peer-to-peer) trading.

2. Local bitcoins.com is also one of the source from where we can take out our crypto and take out cash of that from our nearby crypto purchaser.

In P2P trade, the buyer and seller can deal with each other directly while the exchange acts as an escrow account that holds the cryptos during the transaction to avoid cheating.

By banning cryptocurrency it means that we can't purchase or sell from money in exchanges but we can purchase or sell from crypto to crypto and sell or purchase it from local people that is in P2P process.

So no fear of crypto banning we are having lot of solutions as Indian people are so smart to do anything.

So please if you like this post.