Many of the Indian exchanges stop instant deposit and withdrawal of INR from banks?
This is the notification on Koinex’s website
Koinex:
Koinex gave the most subtle of the notifications by pinning one on their website. It says the INR withdrawals will remain shut till the further notice.
Coindelta:
CoinDelta has also notified its user about not depositing the fiat currency
Why this is happening??
Here is the answer
https://www.finallyjobless.com/indian-crypto-exchanges-stop-instant-deposits-withdrawals-inr/
See my previous post to know how to arbitrage to earn profit in India.
https://steemit.com/crypto/@quantumthinker/calculating-ethereum-arbitrage-profit-as-an-indian-user
I did not knew about this thanks for sharing !!
Everybody should know this. It is the monopoly of the banks. They know decentralization is inevitable.