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Bitcoin In India ? Allowed ? Check this website

Discussion in 'CryptoCurrency' started by Nut-Nights, Dec 14, 2014.

  1. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

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    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 ?
     
  2. contenthub

    contenthub Jr. VIP Jr. VIP Premium Member

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    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.
     
  3. Gosocials

    Gosocials Jr. VIP Jr. VIP Premium Member

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  4. geviowizard

    geviowizard Newbie

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    Idk about india but bitcoin suck for my opinion baby
     
  5. satyawrat

    satyawrat Jr. VIP Jr. VIP

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    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.
     
  6. Capo Dei Capi

    Capo Dei Capi Power Member

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

    Web Echo Regular Member

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

    Do it on your own risk.
     
  8. HemantBoss

    HemantBoss Newbie

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

    satyawrat Jr. VIP Jr. VIP

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    So much misinformation and bullshit on this page.
     
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  10. ORJay

    ORJay Regular Member

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    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
     
  11. breathhacker

    breathhacker Newbie

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    Yes, it is allowed. You need to submit all your documents to btcxindia before they allow you trading.
     
  12. gu3sswh0

    gu3sswh0 Regular Member

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

    WebLab Junior Member

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    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.
     
  14. mextech

    mextech Newbie

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    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.