Sometime in next month on Mudrex
Wanted to give you a quick update after coming back from a sports trip, we have some good news. Hive to INR conversion is about to come live in the Mudrex Exchange sometimes next month. I posted about this initiative earlier in this post and have been consistently following up to get this done sooner because this will create a tremendous opportunity to bring in people from the largest populated country who are tech savy as well. And this will also allow business to accept hive / hbd, and we have too many small business who are always looking for opportunities.
So fingers crossed, lets see how it goes, time is coming to grow our India United Community. And once we have one exchange, and more people on board and a great community, I am sure, it will not be very difficult to convince other exchanges.
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I'd rather see people power up than making it easier to withdraw. That's just me though.
Eventually they will, but to understand the long term, they have to onboard and this gives a kick to onboard, when they can share a review and earn and use that money. Having a direct conversion gives the advantage to people who don't understand the complexity of transferring them and converting. And they also take care of the tax calculation, so that makes people's life easy, because that is the most fearing part that the govt has infused to discourage people to use crypto.
I guess we will see. I'm just afraid we are going to continue to see less people build their stake.
It's a good option for Indian users as now we would be able to buy hive using Fiat. USDT is on premium prices in India and buying is also not easy so this will help Indians to grow their HP through mudrex. Thanks for this wonderful update Sanjeev Bhai. Appreciate your efforts
This a must. Wazirx is gone. Binance p2p is full of scams. Indian community needs a better platform. I hope they execute this facility as soon as possible. Good effort by you.
Cheers.
This is really a powerful update and good news. I hope it goes very well.
I think this will make whole lot of changes.... This information is well applauded.
That's how it will be friend, I hope you have a satisfactory answer and can get Hive or HBD exchanged for your local currency INR and thus be able to make those exchanges easier
It's a good news to the Indian United community sir.😊 Hope it turns out well. 😊
It's great to see Hive getting more adoption. The easier it is for people to onboard the better it is for the ecosystem overall. I hope everything goes through ok!
Good to see hive getting more visibility, would be really great if HIVE was on Coinbase. It would make USA customers much easier to onboard here...
!discovery 25
!hiqvote
Big ups to the India community and I hope this is a success
That's quite good news for Indians now it won't take much efforts like before. Thanks for sharing such a great content I am grateful to see as an Indian.
This is really a great win for the hive platforms. I am so sure more will still come
That would be an awesome initiative for small users from India struggling to meet their ends. I hope it will help them provide ease in cashing their hive in INR.
I love seeing these things!! 👏🏻👏🏻
Wow, you're really doing a good job of making Hive more easily accessible to others. I think some people are hesitant to try Hive because of how difficult it can be to get in or out. So having this option can hopefully help.
This is excellent news, and I also hope that there will be many exchanges that can provide this service in your country and very soon why not acquire goods and services directly with your #Hive and #HBD so that they can promote much more how it is done here in Venezuela
I like your valuation work, reasons for you to always have success, which I wish you from Cumaná, capital of Sucre State in Venezuela.
https://inleo.io/threads/view/omarrojas/re-leothreads-dxxw3qu6?referral=omarrojas
This will be really good 😊
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