RBI hasn't done anything like that. They have simply instructed banks licensed by them to not provide banking services to crypto businesses that's all. You can trade via p2p channels just don't mention cryptos in the transfer memos to play safe. :)
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Damn I didn't know that. I had some investments in Bitcoin thru zebpay I pulled all of it out.
So that means I can still invest it there all safe without being worried of how to withdraw it?
Many people in India had done the same thing- Panic selling!
Yes, you can still invest in crypto. New online p2p crypto exchanges have come up now where you can trade your cryptos directly with other people. Try wazirx or giouttus they are good.
Thanks I searched about wazirx,looks promising
@anupyadav Yes that's correct. You panic sold unfortunately. I've been posting facts around this situation as it developed for months now.
Unfortunately I wasn't aware of the full picture.never too late