After the supreme court of India denied putting a stay on rbi's crypto ban decision many exchanges including zebpay has shut down their withdrawal.
The next hiring of the court is scheduled to 20th July. After the bank is not supporting exchanges for a transaction they came up with some tempory solution. Crypto to Crypto trading is available in most of the exchanges but what if you want to cash out your crypto.
Wazirx is going to support peer to peer crypto buy and sell. A date when they are going to enable it is not confirmed yet. As wazirx verify every user through KYC there is minimal risk of fraud.
You can also use local bitcoin for that but lot's of fraud happened there earlier. As you have a deal with an unverified person their.
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Hello Rohit,
This is very good step from wazirx , hope that will help all Indians.
There is some risk with wazirx as it's Indian and RBI say not any entity involve in crypto, how much wazirx shape?
Am following you please upvote my comments I will always support with you.
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