Any Indians here? How do you transact? |
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Sep 27, 2019 04:50 AM
(This post was last modified: Sep 27, 2019 04:51 AM by Captain Pre.)
Btc? Not allowed.
Paypal? No F&F. Are Rules and Regulations are Clay Davis. What do you use to buy products off HF? or for currency exchange? Just bank account and CC? 🤐  (Sep 27, 2019 04:50 AM)Captain Pre Wrote: Btc? Not allowed. I'm not Indian but have two regular customers who are. They always pay by bank transfer as everything else seems far too difficult or complicated. (Sep 27, 2019 05:10 AM)TheChaosKiller Wrote: I'm not Indian but have two regular customers who are. They always pay by bank transfer as everything else seems far too difficult or complicated. All the indian customers I've had paid me with Bitcoin. Didn't know it was illegal there. Huh...  (Sep 27, 2019 05:13 AM)Fortunate Wrote: All the indian customers I've had paid me with Bitcoin. Didn't know it was illegal there. Huh... I wasn't aware of it either, they actually just said it was either too expensive or awkward to arrange.  (Sep 27, 2019 05:13 AM)Fortunate Wrote: All the indian customers I've had paid me with Bitcoin. Didn't know it was illegal there. Huh... I wasn't aware of it either, they actually just said it was either too expensive or awkward to arrange. 
Pretty sure from recollection, india holds some of the most btc
BTC Volume by Country But I hear a lot of them use CashApp and such Monetizing the World I never deal off-site (except Autobuy)
Sep 27, 2019 05:36 AM
(This post was last modified: Sep 27, 2019 05:36 AM by Captain Pre.)
(Sep 27, 2019 05:19 AM)DNA Wrote: Pretty sure from recollection, india holds some of the most btc We don't have cashapp too! And about Btc, for now. Buying/Selling btc through Indian Banks are not allowed. And they are passing law to ban "Virtual Currencies" Permanently (Sep 27, 2019 05:36 AM)Captain Pre Wrote: We don't have cashapp too! Yes I am aware, I would have assumed you guys would have found a loophole, but I'm sure the indian hodlrs are holding onto a significant portion of BTC still. Can't believe you don't have CashApp though... Maybe something can be done to assist you guys Are you allowed to use Payoneer? What about Visa Load N Go cards? Monetizing the World I never deal off-site (except Autobuy)
(Sep 27, 2019 05:56 AM)DNA Wrote: Yes I am aware, I would have assumed you guys would have found a loophole, but I'm sure the indian hodlrs are holding onto a significant portion of BTC still. Payoneer, Yes! I badly wanted to do currency exchange( Btc to PP) but looks like i can only do Good and services which comes with its own risks https://hackforums.net/showthread.php?tid=5947449 This guy's username is of an Indian singer. so i guess he must be from India! This guy is Excahnging for 5 Years i don't know how he is taking payments tho
Sep 27, 2019 06:09 AM
(This post was last modified: Sep 27, 2019 06:10 AM by DNA.)
(Sep 27, 2019 06:07 AM)Captain Pre Wrote: Payoneer, Yes! Then use Payoneer because they'll send you a physical card and you can then purchase. If you cannot do this, you'll need to have it sent to a non-indian address then have that person forward the mail to you Ahh yes I know this trader, I believe he is indian by the way he talks, that or doesn't know English well. You can't really tell by a username/typing style Monetizing the World I never deal off-site (except Autobuy)
  (Sep 27, 2019 05:18 AM)Flash ⚡ Wrote: Who said BTC is illegal in india? It is not actually. Its just indian crypto exchanges cant use banks. the individuals can use and do p2p transaction. Well the new registration is not allowed anymore and only old accounts can transact and exchange, so apparently it doesn't matter if it's illegal or not, new user are not allowed to transact in crypto that's it. 🤝 
Bitcoin is not illegal in India; however, the crypto exchange isn't allowed and as this guy (Flash) said: People can use P2P exchange system. Only banks aren't allowed to interfere when crypto is involved.
(Sep 27, 2019 05:18 AM)Flash ⚡ Wrote: Who said BTC is illegal in india? It is not actually. Its just indian crypto exchanges cant use banks. the individuals can use and do p2p transaction. Secondly, it's not that hard to buy or transact online or on HF. There are many ways through which you could get your money exchanged in return for crypto although I find this PayPal law very absurd when it comes to sending and receiving payment in India! ![[Image: rH1OGR3.gif]](https://i.imgur.com/rH1OGR3.gif) |
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