like Bitcoin. Speaking to the nation, Finance Minister Arun Jaitley reiterated that cryptocurrencies are not legal tenders, saying that their use "as part of the payment system" will be eliminated. Buying bitcoins via an in-person meeting is one of the fastest and most private ways to buy bitcoins in any country.
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While some global exchanges do let you buy Bitcoins with Indian currency, the process is relatively more seamless on some of the India-based platforms, many of whom let you pay for your digital currencies with. They also offer tutorials on digital currencies. How to Register on Unocoin (Mobile App). One of Japan's biggest electronics retailers, Bic Camera, began accepting bitcoin at two stores in Tokyo last month. Unocoin, another India-based exchange, lets you trade Bitcoins. Unocoin also offers a wallet, but we dont recommend using hot wallets, so youll need to move your e-monies to somewhere more secure sooner rather than later (more on that later). Note: Unocoin charges a 1 fee on every transaction that is further reduced to just.7 once youre upgraded to Gold Membership with sufficient trading volume. According to the central bank, Any user, holder, investor or trader dealing with virtual currencies is doing it at their own risk. Where user can any time verify. Note: This passcode is extremely important and youll need it to use your Bitcoins once you have some in your possession.
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