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To trade in cryptocurrencies, one must first set up an account on an exchange like coinswitch kuber. Is cryptocurrency a good investment. Classification of cryptocurrency in india: Etor exchange is india's 1st margin trading platform and most trusted cryptocurrency exchange in india. You're required to provide a national identification, plus conduct a video verification with a bitpanda staffer. If you want to invest in cryptocurrencies in india, but don't know where to begin, then understanding the basics, like opening a cryptocurrency trading account on india's largest crypto. However, following the removal of the ban and relaxation of regulations, it has now become one of the first platforms to allow both withdrawals and deposits directly from bank accounts. Binance is an indian crypto exchange platform similar to coin switch, who has also launched its own crypto trading platform called coinswitch kuber on june 1, 2020.
The reserve bank of india (rbi) has continuously warned cryptocurrency users and traders about the risks associated with this new system, however, the indian prime minister, narendra modi, indirectly gave a thumbs up to cryptocurrency on 2 nd july 2018 with his ambitious picture of digital india.
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