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RE: All you Need to Know About Investing in Cryptocurrency in India

in #bitcoin7 years ago

There's so much FUD surrounds cryptoworld and so many conflicting news on the web and if we will not investigate thoroughly, we will be misled.

Its a good.thing we have steemians that shared the truth amidst of fake news. I am just wondering, several months ago India banned bitcoin and anyone caught trading with digital currency will face consequencies, is this true?

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NO, it is fake. The govt banned activities related to ponzi schemes and made strict rules regarding that, and in it they also covered ponzi schemes related to crypto, hence the misconception and the media blatantly published that crypto is no longer valid in india.
Hope this helps

in my opinion coindelta is the best exchange in india. i have been using it from the past 6 months, It offers seamless and quality support and one can contact the admins directly on telegram.
one unique feature that no other exchange offers is that you can sell the goods on market rate to the exchange instantaneously, you don't have to place order and wait for its successful execution.

NO, it is fake. The govt banned activities related to ponzi schemes and made strict rules regarding that, and in it they also covered ponzi schemes related to crypto, hence the misconception and the media blatantly published that crypto is no longer valid in india.
Hope this helps