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As of now WazirX is best in India, beside this i love kucoin (global )
fantastic article
Since India doesn’t have regulation for crypto currency, it seems to be risky to invest in general.
There was this app BitcoinIndia. By now well known fraudster Sykam Reddy.
He managed to steal 3.3Lacs wallet balance in the name of let maintenence charges and shut down the company after around 4-5 years (last month).
He has basically scammed 100s of investors and the expected fraud is estimated to me in crores. (he basically blocked 2 to 3 bitcoins of mine due tu which I had tu redeem it at lower value years ago. He didn’t return the cash either).
Just be aware.
The best is binance.com. Yes, Indians can use it, I do. All Indian ones may shut down any day. You had been warned.
koushik wrote:The best is binance.com. Yes, Indians can use it, I do. All Indian ones may shut down any day. You had been warned.
i am also using binance app but it never allows me to add money using card or upi..and i am not interested in p2p method..how you are managing?
shikha.rajgadhiya181 wrote:i am also using binance app but it never allows me to add money using card or upi..and i am not interested in p2p method..how you are managing?
If you still find p2p difficult then transfer your token from Binance to Indian exchange in order to withdraw money but this is more time consuming so stick with p2p & I prefer you to watch detailed video of p2p it’s not that hard
Best review for crypto trading.
Can we withdraw to bank account still?
Nice
shikha.rajgadhiya181 wrote:i am also using binance app but it never allows me to add money using card or upi..and i am not interested in p2p method..how you are managing?
You will always get USDT at premium
so if you deposit INR on indian exchanges (most of them are charging for adding INR also) and then buy USDT with that INR (+ >0.1% fees for this USDT/INR trade) or buy USDT via p2p on binance
Mostly difference would not be that much in terms of converting INR TO USDT
Neo53 wrote:You will always get USDT at premium
so if you deposit INR on indian exchanges (most of them are charging for adding INR also) and then buy USDT with that INR (+ >0.1% fees for this USDT/INR trade) or buy USDT via p2p on binanceMostly difference would not be that much in terms of converting INR TO USDT
Thanks
shikha.rajgadhiya181 wrote:i am also using binance app but it never allows me to add money using card or upi..and i am not interested in p2p method..how you are managing?
P2P is what I am using. Works seamlessly. Why don’t you want to use it?
In Coindcx user experience is good
dudu wrote:Since India doesn’t have regulation for crypto currency, it seems to be risky to invest in general.
There was this app BitcoinIndia. By now well known fraudster Sykam Reddy.
He managed to steal 3.3Lacs wallet balance in the name of let maintenence charges and shut down the company after around 4-5 years (last month).He has basically scammed 100s of investors and the expected fraud is estimated to me in crores. (he basically blocked 2 to 3 bitcoins of mine due tu which I had tu redeem it at lower value years ago. He didn’t return the cash either).
Just be aware.
Tada 😬 , no ban in crypto in India but pay tax on crypto income and i suggest you to go for popular exchange like WazirX (backed by Binance) for more liquidity and as global exchange you can go for Binance, KuCoin.
p2p is very costly…..per one dollar we pay 7 rs extra…
where as inr add is very cheap…
how are you using P2P with such hefty fee
geni wrote:p2p is very costly…..per one dollar we pay 7 rs extra…
where as inr add is very cheap…
how are you using P2P with such hefty fee
See it’s USDT, Tether which costs Rs.70-81 as per demand & supply but as of now this is a simplest way to trade crypto without ant govt related hassle as this transection is like person to person transection rathe any entry or transection from crypto app. For P2P you can use UPI Apps, IMPS, Bank Account transection smoothly though USDT release takes time but still worthy.
https://en.wikipedia.org/wiki/Tether_(cryptocur...
par gov. Nai toh abhi crypto pe flat 30% tax laga diya hai.
kya hame abhi bhi crypto lena chahiye kya?
FairDealOnly wrote:par gov. Nai toh abhi crypto pe flat 30% tax laga diya hai.
kya hame abhi bhi crypto lena chahiye kya?
ha q nahi ? And about taxes it will be fix very soon
geni wrote:p2p is very costly…..per one dollar we pay 7 rs extra…
where as inr add is very cheap…
how are you using P2P with such hefty fee
p2p fraud is very common
Best_Deal_Hunter wrote:As of now WazirX is best in India, beside this i love kucoin (global )
In kucoin i like everything except charts.
koushik wrote:The best is binance.com. Yes, Indians can use it, I do. All Indian ones may shut down any day. You had been warned.
WazirX is backed by binance only.
Best app so far using is binance, giottus(free transaction). In wazirx, some coins don’t have withdraw or deposit option. Bitbns is also a good one. Don’t go for coindcx or zepay.
shikha.rajgadhiya181 wrote:i am also using binance app but it never allows me to add money using card or upi..and i am not interested in p2p method..how you are managing?
Best way to transfer money is to buy trx from giottus and transfer it to binance. It has zero transaction fees
No idea why people use indian crypto apps. Binance is the best from all perspectives.
dudu wrote:Since India doesn’t have regulation for crypto currency, it seems to be risky to invest in general.
There was this app BitcoinIndia. By now well known fraudster Sykam Reddy.
He managed to steal 3.3Lacs wallet balance in the name of let maintenence charges and shut down the company after around 4-5 years (last month).He has basically scammed 100s of investors and the expected fraud is estimated to me in crores. (he basically blocked 2 to 3 bitcoins of mine due tu which I had tu redeem it at lower value years ago. He didn’t return the cash either).
Just be aware.
wow u had 3 btc?
Vauld and okx are good apps
