How to trade safely in crypto currency?

Law Forum › Category: Banking / Finance › How to trade safely in crypto currency?
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A j asked 2 months ago

How to trade safely in crypto currency? I am stuck

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Best Answer

Apni Law Staff answered 2 months ago

The crypto trading in India is officially not declared to be legal and is thus not regulated in the country. But if you are trading, then it is adviced to use only those exchanges that follow Indian KYC/AML regulations. Create your account with a verified exchange only. Otherwise, you may face problems like account freeze or cyber complaints against you in case any transaction is not legal in the eyes of law. For any specific query, contact a cyber expert.

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