Wazirx introducing P2P transfer on his exchange :
Are you worried about the RBI threats ? What happens after 5th july 2018 ? what is the future of crypto thereafter in india ? Well nothing is to get worried . Indian exchange WAZIRX came up with a solution in this regard. And did u know, it is 100% legal also even after RBI ban on crypto.
Well, i know you are eagerly waiting for the way that made it legal.so let get forward .
You know in every trade , there is always involvement of buyers and sellers. WAZIRX acts as an ESCROW for both of buyers and sellers during the transaction.
Wazirx connects the person who wants to sell his crypto with that person who want to buy crypto at the same price of seller against INR. If the deal gets confirmed ,In next round the seller have to deposit his crypto with WAZIRX. Now wazirx escrow the crypto. The buyers pays INR to the Seller. when the seller confirmed the receiving of INR , WAZIRX releases the escrow crypto to the purchaser or buyer . And its done !
This service of WAZIRX will be lived on its exchange as soon as RBI ban comes into effect . So readers are advised at least make an account on the wazirx exchange as soon as possible so that there is option left for your uninterrupted trading .
The link to the exchange was provided below: