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RE: Steem India: Now Trade Steem/INR Pair Directly But There's A Catch!

in #india6 years ago

It is not an easy thing to buy cryptocurrency through an Indian Exchange. First they charged around 10% more over market rates and when a buyer wants to sell, he gets much below from the market price. Also, the transfer charges are very higher there. Security is an another issue. So far Zebpay seems to me a reliable crypto exchange. It is much safer but prices and transfer charges are an issue. Also, this exchange allows only 5 crypto/Inr pairs. Indian governments stand on cryptos is even a big issue. Hence, in my view we Indians are struggling to trade in cryptos, however, we don't hesitate to buy them. This is our resilience.

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I hope things turn around for us. Can't even imagine how great things could be if our market was regulated!

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