Am a newbie for bitcoin. Friends please clear my doubts

[Coin-Desk]

Yes You can received bitcoin and you can send bitcoin. You can buy and sell your bitcoin in any place in the world. There is no problem to received bitcoin from another country. If someone send you some bitcoin to your wallet then you can received it without any hesitation. You can also send it to anyone else. So it is not a big problem to send and received butcoin from other country.

Best regards
Coin-Desk

[Gi01]

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

I will advise you to get yourself reading and doing some research about bitcoin and bitcon transactions. I believe there are a lot of articles and blogs made about Bitcoin (cryptocurrencies) and blockchain technology in general to help you have some fair idea about these. The best way to get answers to doubts is by reading and finding out what people think and know about these.

[waroenkshisha]

Let me help you to answer your question :

1. Obviously you can receive your bitcoin without any worry into your wallet and you can automatically receive bitcoin even bitcoin is not allowed in your country,  make sure that you are using secure connection such as VPN or using proxy to more secure.

2. Clearly you can send your bitcoin to any bitcoin addresses or wallets (make sure that you are using a trusted wallet like electrum and etc) to send bitcoin anonymously.

In my opinion Bitcoin in India is not illegal currency (according to the wiki and some news out there}. So you are free to send and receive bitcoin without hesitation and worried.

[Mighty_crypt]

Since when? Bitcoin is not illegal in india anymore and yes you can received bitcoin from anywhere around the globe with no issue ,presently I have friends in india that use services like Luno wallet ,they make buying and selling bitcoin easier than coinbase and others ,it's available on android and iOS I guess

[meanwords]

You are probably referring to that India is regulating cryptocurrency. I really don't have enough knowledge about the law in India but I know that you can do those as long as you are anonymous so don't worry. Use trusted wallets and VPN to hide your IP.

[Kakmakr]

There are only ONE Bitcoin Blockchain, not different Blockchains for every different country. The Bitcoin <BTC> Blockchain record all movement from coins between different Bitcoin addresses, no matter what wallet you use.

Just remember one thing, even if Bitcoin is banned in your country, no government can stop people from transferring coins from one Bitcoin address to the next. <Bitcoin is also borderless, so nobody can stop people from sending coins from one country to another country.>

[fosco333]

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

Bitcoin is used globally, it means when the others buy bitcoin and transfer it to your wallet, you can receive that bitcoin too.
And after you received the coin, you can send to others bitcoin address as well.
As long it is a bitcoin address, then there won't be any problem. I think that clarified your doubts.

[Artemis3]

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..

1. Yes, it doesn't matter where you are, the blockchain is in "the cloud" (internet).
2. Yes of course.

You can make your wallet connect via TOR to obfuscate the use of it. Also make sure you use a new address every time, you can make as many as you want. Every time you expect to receive funds, use/give a new address.

[plr]

Like all the answer here you can receive Bitcoin to any part of the world Bitcoin is not restricted to one country, and if the transactions was confirmed there is no way to get is back again to you, there are many videos on youtube about this so better check it out.

[Juggy777]

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

Hey one can definitely buy bitcoins from any corner of the world, and then can store them in a wallet I would suggest you to use Electrum for it. Also you can definitely send your coins to any wallet, however do note if you intend to send to any exchange wallet, which requires you to verify yourself you need to tell tax authorities you brought bitcoins. I would suggest you to pay taxes on it, and then trade in it, also you can buy and sell it on local bitcoins India, do make sure you read ratings before conducting a deal.

[bitcoinfuck]

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

ha bhai bitcoin is ip independent, me suggest krunga ki electrum wallet use kro aur backup kro seed !

100% anonymous 

[rowjen]

India is indeed a country that is at risk of using crypto currencies, the latest RBI news has decided to stop launching using crypto currencies

https://btcmanager.com/india-rbi-stalls-plans-launch-central-bank-digital-currency/

[audaciousbeing]

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

In addition to what others have said, you need to identify that you are not the only person in India still engaged in crypto currency despite the fear you have exhibited and they are carrying out their activities without issues. You only need to identify then trade. I have seen people trade via WhatsApp platform or telegram and the payment is done via transfer to bank accounts without any traces of crypto in the transaction. You really need to understand how the bitcoin transaction works then you figure out ways to do your business.

[cotton ball]

All transactions that occur on the Blockchain, of course everyone can accept it and vice versa if you get a token, of course you can send to all the wallets that you want, for USA users if they are not wrong, they are prohibited from buying coins at ICO so KYC at ICO applies with such rules, and remember the decentralized Blockchain is all yours

[btcdevil]

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

If you want to invest in Bitcoin without getting KYC, then i think you can buy directly from the users in Localbitcoins.com site, their you purchase directly from the users with transferring amount to their bank directly, so their is no cryptocurrency trade details in your transaction and you can show as any type of purchased from that user in account. This way you can safely buy and sell your bitcoins without getting notice by any law authorities.

Right now this is the only best way of buying and selling bitcoin can be done in India through people to people transaction.

[apilpirman.bisnis]

Always have many way how to get access with bitcoin, you can buy bitcoin by using other e currency digital payment, although your country have banned for using bitcoin you can use other exchange country to buy and invest at bitcoin.

[hulla]

Yes, crypto currency transaction are not allow in some part of India and the last time I checked some part still allow bitcoin transaction which I believed you're from the states which disallow bitcoin. However, in this cases what you need is a decentralized exchange not localbitcoin,coinbase which are centralized or trade with reputable green trust member of this forum and always make you of strong VPN whenever you want to trade.
Meanwhile, there so people that offer ID verification services which provide ID,address etc but I dont support.

[Lumi3004]

Do not hesitate, friend, the bitcoin market is clear and KYC transparency is needed,in my country also needs KYC, in Indodax, it is our goal to accept and buy in a tangible and clear way for the security of users of bitcoin, so if in your country you need it don't doubt it's safe for you.

[iam_aayushiJ]

I was not aware that Bitcoin is not allowed in India.  if that is the case, I believe it might be too risky.

Bitcoin is not ban in India, what is banned is running an exchange, basically govt. started banning the banks(Exchanges bank accounts) on which customers were depositing money to buy crypto using INR, you can still buy BTC fro localbitcoin (I would not advice this platform)
or you can buy from Peer to Peer that is if someone has BTC, you can pay them and they can sell your BTC to you.

You can buy Bitcoin from coinswitch.co exchange also using your credit card in India.

[rowjen]

Do not hesitate, friend, the bitcoin market is clear and KYC transparency is needed,in my country also needs KYC, in Indodax, it is our goal to accept and buy in a tangible and clear way for the security of users of bitcoin, so if in your country you need it don't doubt it's safe for you.

because bitcoin is still related to fiat currency, the use of KYC will still be needed and I think it is legitimate.