Bitcoin Forum

Can anyone give me the current status of fiat withdrawal from unocoin exchange? I want to urgently exchange some eth for fiat. So just want to know is it possible to do via unocoin.

Unocoin Fiat deposite and Withdrawal is temporaryly stopped.

why you want to withdraw, you can still trade, and use crypto's for what it is made for?

You guys need to understand what exactly cryptocurrency made for, besiding using it for profit and turning them into fiat, it's a bad idea. but still there are few p2p exchanges which you can use to deposit and withdraw.

I very well know whats the purpose of cryptocurrencies. You should understand one thing that you cant use crypto instead of money in India. So you need to convert it if you want to use in India.

You are right Indian Govt clearly stated that Cryptocurrencies are not legal tender in India and its not at all accepted as payment in any online or offline shops.so you have no choose if you want to spend your Btc earning you need to  change them into indian rupees.

You can transfer the ethereums to koinex and on koinex loop you can convert ethereums to cash. Buyer will deposit money directly to your bank account. Process is simple so you can try.

https://coincrunch.in/2018/07/04/current-status-of-inr-deposits-and-withdrawals-across-exchanges/

Use the link to check status of withdrawals and deposits of all Indian exchanges.

Yaar wahan order fill hone mein time lag jata hai. last time ( sep i guess)  i checked it took almost 24 hours.

I want to invite you to blog on our platform.

Neironix  is a global provider of financial and analytical information about
cryptocurrency markets, required for making carefully weighted investment decisions and building
long-term market strategies.


I want to offer you to blog with on our platform in the appropriate section. https://neironix.io/news/blogs
Thanks to this, you can gather an additional audience, sell advertising and simply gain popularity among users of our platform.
If you write full-featured interesting articles, we are ready to publish them in the main news section with a link to you (to  your blog or on any other resource)
Also, if you will actively run your blog, we will single it out among the rest as one of the first to joined.

If you are interested in this offer let me know
My telegram @ikromzhon86

Updates guys?

Nothing as of now. Tariq pe Tariq in court and  thats it. Nothing is  finalized still.
I am sure it will take another 2 years for the final judgement by our court.

That is the drawback of the legal system in a country like India, it will take a long time for results and it is a dent for the exchanges and the users, some exchanges have already started P2P system where users deal directly in sending the money and Wazirx is one such exchange that i know, i am sure there are many alternative solutions from other exchanges but not sure about it but do not expect the fiat withdraws to start anytime soon as the governing body are not even trying to come out with any clarity on how things will proceed.