Friends all we know bitcoin is transaction is not allowed in india. only few indian companies are available that also require KYC. I dont want my details to get exposed. i have some doubt in purchasing bitcoins. I have listed my doubts below please clarify it.
1. If someone buys bitcoin from blockchain in another country,for example (US blockchain user). And if they send bitcoin to my wallet address(Indian block chain user). Can I able to receive bitcoin or not
2.If I receive the bitcoin from that user. can I able to send it to other wallet id such as zebpay or coinbase or localbitcoins etc..
Please clarify these doubts as soon as possible.
Thanx in advance
The answer for this are both YES!
Yes, you can receive bitcoin from any sender as long as you have the valid address.
and Yes, you can also send bitcoin to anyone as long as you have the funds.
I don’t know much about the policy on your place but I think bitcoin not really illegal in India since as you said they are some companies that still using cryptocurrency. Don’t be scared, just put your extra money and be more confident, better to invest now.