Last updated on December 2nd, 2017 at 08:08 pm
Is Zebpay an authentic application to trade Bitcoins in?
Is it legal to trade bitcoins in India?
I guess that you’re concerned by the Reserve Bank of India’s recent announcement on the legality of Bitcoin:
What I can tell from that document is that the RBI is warning Indians that Bitcoin is risky and that they are the ones taking all the risks, as the RBI won’t help anyone who loses money due to cryptocurrency. That is all fair enough. Nothing I read would suggest that Bitcoin is illegal in any way.
Check out Zebpay’s own coverage of this and previous statements from the RBI, as the experts they quote agree that Bitcoin is legal to own and use in India:
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