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Author Topic: Current status of fiat withdrawal  (Read 222 times)
fattycoins (OP)
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July 15, 2018, 05:06:59 AM
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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.
snkiworld
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July 16, 2018, 02:24:14 AM
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Unocoin Fiat deposite and Withdrawal is temporaryly stopped.
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July 18, 2018, 10:16:45 AM
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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?

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July 18, 2018, 10:19:00 AM
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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.

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fattycoins (OP)
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July 18, 2018, 04:48:19 PM
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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.
snkiworld
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July 19, 2018, 03:13:08 AM
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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.
ratikanta99
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July 19, 2018, 06:42:16 PM
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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.
Oliver01
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July 30, 2018, 12:51:11 PM
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It's good that RBI had put regulations over Cryptocurrency trading, now cryptocurrency won't be used for Day trading and fiat withdrawal;So because of these regulations crypto will be used for what it is meant to be used.!
nitishkumar9999
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August 25, 2018, 01:29:24 PM
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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.

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.
Viper_Unleashed
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August 29, 2018, 06:05:57 PM
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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.
JSRAW
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October 15, 2018, 01:54:01 PM
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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.

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.

Yaar wahan order fill hone mein time lag jata hai. last time ( sep i guess)  i checked it took almost 24 hours.
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December 18, 2018, 04:54:49 PM
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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.

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Waseltory
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January 11, 2019, 10:08:56 AM
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Updates guys?
savioroshan
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January 12, 2019, 12:10:37 AM
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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.

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January 27, 2019, 05:46:18 PM
 #15

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.
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