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Author Topic: How to make profit from bitcoin trading business (in india)?  (Read 124 times)

jumbalu21

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How to make profit from bitcoin trading business (in india)?
« on: November 27, 2019, 01:33:59 PM »
Hi all,
May I know how btc trading works, I mean is this business safe and profitable, are there any legal problems in doing this in india?
Waiting for your valuable replies
Thanks in advance

johnmeller

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Re: How to make profit from bitcoin trading business (in india)?
« Reply #1 on: November 28, 2019, 07:07:53 PM »
It holds true that Bitcoin is not legal tender in India. This does not suggest it is unlawful. Let us comprehend much more concerning it.

Legal tender is the official medium of repayment identified by the law. The nationwide money is the legal tender in every country.

Likewise it is to be kept in mind that Bitcoin is additionally not an Illegal tender in India. You can hold Bitcoins yet you can't purchase points with Bitcoins in India since it is yet not identified as a lawful mode of payment.

Apart from bitcoin how profitable do you think IOTA it when it compared to bitcoin. How can I purchase IOTA and make some profit?

jumbalu21

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Re: How to make profit from bitcoin trading business (in india)?
« Reply #2 on: November 29, 2019, 06:36:55 PM »
Well john,
What you shared was a precise well put up information. I appreciate it for taking your time and replying me.
Well taking about IOTA, Well buying in iOTA I would recommend you get started with binance exchange platform it provides you to buy iOTA with credit card and much more options. Well if you face any difficulty in getting started with the purchase work. I have found a simple broken down guide which clearly states everything in step by step process in depth clearly without any clutter I would recommend you to check that guide out for easy navigation. Cheers to you for getting started iOTA :)