Wazirx solution to if cryptoban
We all are waiting for court decision what will happen on 3 july and what will haplen to our investment and our coin. As i saw crpyto market indian goverment did not ban crypto they just tak taxes on our investment and make it legal .
With the 6th July deadline closing in, most of you have been asking us about the fate of crypto in India. We’ve been working on a solution to help you continue buying/selling of crypto without getting those warning emails from your banks! Now we’re ready to reveal it to you!
Introducing P2P Transfer on a crypto exchange!
In Peer-to-Peer transfer, you can buy and sell crypto for INR directly with each other without any hassle. It’s a glimpse into the decentralized future!
1)WazirX connects the person looking to buy crypto for INR with someone who’s looking to sell crypto for INR
2)The seller deposits the crypto with WazirX
WazirX escrows the crypto for safekeeping during the transaction
3)The buyer pays INR to the seller
WazirX releases the crypto to the buyer as soon we get a confirmation from the seller
For more detail read wazirx article
You have a minor misspelling in the following sentence:
It should be government instead of goverment.Ok
@sandeepgrewal good step taken by wazirx if india will take any harsh decision
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