The situation for crypto is being worse everyday in India.
Hi Indians,
As we now that RBI has already announced that Indian banks no longer have permission to do transaction related to crypto. The last day of doing show is 5 july.
In this situation Zebpay has announced something on their tweeter.
Zebpay announced that we will not able to withdraw your crypto money if zebpay don't have any banking service that permits crypto withdrawals.
Zebpay is still available for withdrawal of your money in Indian rs till Indians banks permits that service. The last date of doing so is july 5.
There are still some chances that the reversal of RBI decision could happen.
What to do with your crypto now ?
As i am thinking that there could be any other way will come out. So i decided to hold what i have. I am not going to withdraw a single penny of my crypto fund in my banks. May the last date changes or the decision comes in our favor. You are free to do anything with your fund so don't listen others and If you do so then don't blame anyone.
Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses
Thanks for reading...
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Its A news don't be panic
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