HOW TO BUY DIGITAL CURRENCY IN INDIA

Published on : 2017-04-20 13:28:27

Before it temporarily suspended trades in April, BTCXIndia enabled trading for bitcoin and ethereum, the world’s largest and third-largest crypto-currency, respectively, by market capitalisation. “Right now there only 50-odd ripples (XRP) in India but these are expected to increase with XRP exchange we are launching,” BTCXIndia’s Mupparaju said. -The Bitcoin community has and will always want government oversight and it has been ready to open a dialogue with the government how to buy digital currency in india. Bitcoin BitcoinThis could be an interesting case for the Enforcement Directorate (ED), the Reserve Bank of India (RBI) and the Income Tax Department to solve this year.

To put into perspective, 16,346,425 bitcoins mined across the world till date held value equivalent to $35. “For instance, if a company wants to send a payment from Europe to the Philippines via XRP, this requires XRP to be listed on exchanges in each country how to buy digital currency in india. The main points raised by the Bitcoin community are: -Bitcoin is experimental and the currency still in its Beta version. So the user may convert a portion of his bitcoins to XRP or say ethereum,” Mupparaju said.

in, is claiming to help connect Bitcoin buyers and sellers in India directly to their banks. We are launching an integrated exchange that will allow users to trade in bitcoin, ethereum and XRP all through one user account,” Mupparaju said in a telephone interview. “We are pleased that customers in India now have a way of accessing XRP.Dogecoin.
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