Bitcoin In India ? Allowed ? Check this website

Nut-Nights

Elite Member

Executive VIP

Jr. VIP

Jun 20, 2013

11,505

8,917

• Dec 14, 2014

• #1

Just found this website its live from India https://btcxindia.com (I am not aff with them) , So Bitcoin is allowed in India now ? Any one from India trading bitcoin legally ?

 

contenthub

Regular Member

Dec 21, 2014

358

26

• Dec 22, 2014

• #2

I dont know whether its been allowed in India or not but it has just been allowed in Bangladesh- couple of months back. central bank should send out some notification in the case of bitcoin investment in India.

 

Gosocials

Elite Member

Dec 11, 2014

4,466

484

• Dec 22, 2014

• #3

can open an account in india . ,but access ? have the issue with that. I am not sure..

 

G

geviowizard

Newbie

Dec 24, 2014

19

1

• Dec 24, 2014

• #4

Idk about india but bitcoin suck for my opinion baby

 

Buzzika

Supreme Member

Jul 8, 2009

1,446

1,776

• Dec 24, 2014

• #5

Yes, its allowed. Unocoin is also another good exchange but they are not good for short term trading. I have been trading at bitstamp and unocoin for a while.

 

Capo Dei Capi

BANNED

Oct 23, 2014

752

7,253

• Dec 24, 2014

• #6

Virtual currencies have been legal in India, the RBI only has issue a warning about the risks of it.

 

Web Echo

Regular Member

Jr. VIP

Apr 5, 2012

397

232

• Dec 24, 2014

• #7

AFAIK, bitcoins are not legal in India; but no one taking any action against it.

Do it on your own risk.

 

H

HemantBoss

Newbie

Dec 26, 2014

2

0

• Dec 26, 2014

• #8

I dont think so that virtual currencies have been legal in India

 

Buzzika

Supreme Member

Jul 8, 2009

1,446

1,776

• Dec 31, 2014

• #9

So much misinformation and bullshit on this page.

 

ORJay

Regular Member

Aug 4, 2013

305

127

• Dec 31, 2014

• #10

It is legal, it is just RBI sent out some instructions so that we should not be a part of money laundering etc months ago

 

B

breathhacker

Newbie

Jun 8, 2011

20

0

• Jan 1, 2015

• #11

Yes, it is allowed. You need to submit all your documents to btcxindia before they allow you trading.

 

gu3sswh0

Regular Member

Mar 22, 2011

287

79

• Jan 9, 2015

• #12

Who cares? The point of bitcoin is that you can use it even if it's not allowed.

 

WebLab

Junior Member

Nov 2, 2013

176

86

• Jan 9, 2015

• #13

breathhacker said:

Yes, it is allowed. You need to submit all your documents to btcxindia before they allow you trading.

Click to expand...

What's the meaning of using bitcoin if not anonymous ?
Anyway, I might accept bitcoin as a reward but I won't put my real money in it.

 

M

mextech

Newbie

Jan 14, 2015

10

0

• Jan 14, 2015

• #14

WebLab said:

What's the meaning of using bitcoin if not anonymous ?
Anyway, I might accept bitcoin as a reward but I won't put my real money in it.

Click to expand...

This is the reason bitcoin is dropping. Take the anonymous part out and watch it fall even farther. No financial place will buy it now and we can see the effects.