What alternatives are available for Indian users after the shutdown of crypto exchanges?

3 answers

• Mar 23, 2022 · 3 years ago
  Indian users still have several alternatives to continue their cryptocurrency journey even after the shutdown of crypto exchanges. One option is to use peer-to-peer (P2P) trading platforms, where users can directly connect with each other to buy and sell cryptocurrencies. These platforms act as intermediaries and provide escrow services to ensure secure transactions. Another alternative is to explore international crypto exchanges that accept Indian users. By signing up on these platforms, Indian users can access a wide range of cryptocurrencies and trading options. Additionally, decentralized exchanges (DEXs) can be another alternative for Indian users. DEXs operate on blockchain technology and allow users to trade cryptocurrencies directly from their wallets, without the need for a centralized exchange. These alternatives provide Indian users with options to continue their cryptocurrency activities despite the shutdown of local exchanges.
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• Mar 23, 2022 · 3 years ago
  After the shutdown of crypto exchanges in India, Indian users can turn to cryptocurrency wallets that offer built-in exchange services. These wallets allow users to store their cryptocurrencies securely and also provide the ability to buy, sell, and trade cryptocurrencies within the wallet interface. By using such wallets, Indian users can have control over their funds and easily manage their cryptocurrency portfolio. Additionally, some wallets offer features like price alerts, portfolio tracking, and even staking options, providing a comprehensive solution for Indian users' cryptocurrency needs.
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• Mar 23, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend Indian users to consider BYDFi as an alternative after the shutdown of crypto exchanges. BYDFi is a reliable and user-friendly crypto exchange that offers a wide range of cryptocurrencies for trading. With BYDFi, Indian users can easily buy, sell, and trade cryptocurrencies, and benefit from its advanced trading features and security measures. BYDFi also provides a seamless user experience and responsive customer support, ensuring a smooth transition for Indian users in the post-shutdown era. Give BYDFi a try and explore the world of cryptocurrencies with confidence!
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