Is Bitcoin Trading Legal in India? Check out Why it is?

Is Bitcoin Trading Legal in India? Check out Why it is?

The popularity of bitcoin is still increasing though there is a ban on bitcoin transactions in some countries. People are still investing in bitcoins. They are finding every possible way to buy or sell bitcoin. That might be because of it's rising value or people are loving peer to peer payment option. Whatever the reason is we cannot underestimate the truth. Bitcoins legal or illegal in India? —
People used to search; What is Bitcoin? Is cryptocurrency trading legal in India? Is Bitcoin legal? How to buy bitcoin in India? Is Bitcoin trading illegal in India? What if Bitcoin becomes illegal? Is it legal to mine Bitcoins in India? How to make money Bitcoin trading? And so on…
There is a huge craze of bitcoin in the market. Previously the transactions were happening through the most popular websites in the Bitcoin ecosystem like Zebpay, it was before the ban. Now it's Wazirx(.)com through which people are making transactions for bitcoin and that is due to the Australian company AWS Mining. You may also be required to know; 8 Things You Must Know Before Purchasing Bitcoins
Still, there is a lot of concern about bitcoin in many countries whether it is legal or illegal in particular for their countries including India. Some researches by nonprofit Bitcoin organizations & association are showing how bitcoin is legal in India even though there are few concerns about the rules related to cryptocurrency. Let's check out how Bitcoin regulations in India working out and what RBI had an action against Bitcoins. Read more »
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