How to trade bitcoins in india legally?

[jumalu]

Is btc trading legal ? how to proceed into this business if this is legal in india! Please share your views and suggestions. how this business works and whether this business is profitable or not.
Thank you!

 

[johnmeller]

As per now there is now such law that bans trading bitcoin in India. However, there is some news that a bill regarding the same is being drafted. Till the time the government agencies are have been asked to take action as per the existing law. So, it would be wise to wait and see how this goes.

Also, what platform do you use to trade bitcoins? Is platform such as Binance, Coinbase, etc totally safe?

 

[jumalu]

Thanks for your response,
I am planning to try out coinbase after reading review from here seems promising sounds trust worthy for me.
Cheers

 

[Alex_Vertex.Market]

You can buy and sell Crypto on Vertex.Market using IMPS as a payment method. Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones.

If you want to Buy Bitcoin using IMPS, go to Buy and Sell Bitcoin & Cryptos in India with INR (vertex.market) and look for a seller who is selling Bitcoin using IMPS as a payment method and then you can Buy Bitcoin from them.

https://vertex.market/india

 

[DGersh]

Yes it is safe! Whatsmore you can build you own projects based on it!
INC4 should be useful in that

 

[jjvor]

The Indian government can't ever seem to make up its mind about whether to legalize cryptos or not, it's very confusing to me.