BTC Ban in India, How to cashout?

@akkibomb007 34

over 7 years ago

btc

Hi all,

RBI has informed banks to not to provide services to Indian crypto exchanges.

Just this is the issue, you can still cashout from BTC via P2P transactions. Many Exchange has already started it.

My recommend P2P Exchange site is : https://paxful.com/roots/buy-bitcoin/index?affiliate=gKmQAPrrkVA

Because from above site you can take Payout in bank, paytm, IMPS, UPI and many more options.

I have used the above site many times to convert my Skrill money to BTC and then BTC to INR.

Hope this site will help you all.

Thanks and Regards

btc bitcoin p2p exchange cryptocurrency

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28 comments

@nmahatele 30

over 7 years ago

I have one doubt when your transaction followed by income tax department then this will not count as punishable offence friend.?

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@akkibomb007 34

over 7 years ago (Edited)

Say if you cashout money which is easily traceable then it’s a trouble even if the source is genuine or other than bitcoin. My suggestion is withdraw little by little and don’t withdraw in bulk and in P2P Trading you can say that the person which has send money is my friend and it’s our mutual understanding.

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@nmahatele 30

over 7 years ago

Thanks

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@akkibomb007 34

over 7 years ago

Welcome

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@shivapathak1 43

over 7 years ago

Great and useful information have a look at my post also upvote and comment on my post so

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@akkibomb007 34

over 7 years ago

Yaa sure I will do that

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@bhaveshsavani 32

over 7 years ago

It is news not good for crypto invester.keep support me.

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@akkibomb007 34

over 7 years ago

Why it’s not good. Crypto investors were investing in crypto when there was no exchanges in India. RBI has just told banks not to support exchanges but P2P is open for all which saves your tax also.

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@kumar27 26

over 7 years ago

Now we are doing p2p trading. This is best way to do trading in india

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@akkibomb007 34

over 7 years ago

Yaa it’s a better way

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@majestyman 50

over 7 years ago

Great article and p2p better option right now

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@akkibomb007 34

over 7 years ago

Yes it is better option and i was using it since long to convert skrill money to bitcoin and then bitcoin to INR.

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@abhijitgareeb 30

over 7 years ago

I use local Bitcoin .com website to transfer and withdrawal

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@akkibomb007 34

over 7 years ago

Yes it’s also good option and old option

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@nayanborah 31

over 7 years ago

Its not happening

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@akkibomb007 34

over 7 years ago

What is not happening ???

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@dealsguruji 25

over 7 years ago

i think we should wait for sometime before thinking about cashing out...

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@haikubot 54

over 7 years ago

I think we should wait
For sometime before thinking
About cashing out...

^{- dealsguruji}

^{^{I'm a bot. I detect haiku.}}

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@akkibomb007 34

over 7 years ago

Why wait P2P is already available. Why wait for uneducated govt decisions

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@yashkr0001 25

over 7 years ago

Hi bro BTC is not fully ban in india and your information is also true we can use p2p transaction for selling or buying bitcoin.

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@akkibomb007 34

over 7 years ago

I know its not ban but people think that its ban so I used the word in the post so maximum people see the post and know there are many options available to use and get payments.

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over 7 years ago

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