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Feb 1, 2018

India bans Bitcoin in budget 2018? Here is the Solution

So budget 2018 is out and every crypto trader is quite concerned whether bitcoin trading is legal or not. If exchanges going to continue working or shut down? Well, time will tell but as of now Government is very strict and like earlier statements Bitcoin is not a legal tender in India, i.e you cannot buy/sell anything using bitcoin as a payment option.

Though, you can do trading or you can also transfer your coins to an International exchange which accepts trading/deposit and withdrawal to Indian banks. One such exchange is Cex.

The registration is recently opened again for the limited time period. It's better to transfer your coins and trade there till clouds are cleared in India.


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