News coming in recently from various sources that the Indian government is planning to ban cryptocurrencies in a hurry despite knowing the fact that India has over 7 million active users holding crypto worth over $ 1 billion. It began in 2013 with RBI cautioning the users of virtual currencies and subsequently bringing in a circular to bar banks from dealing with crypto companies and currencies.
Now the Finance Minister has said:
“A high-level Inter-Ministerial Committee (IMC) constituted under the Chairmanship of Secretary (Economic Affairs) to study the issues related to virtual currencies and propose specific actions ….”
Their intent seems quite clear which brings to the matter of the case – “What to do with my portfolio once the ban is applied?”, “Will I be jailed for having crypto in my wallet?” or “How will I be able to cash out my holdings in fiat currencies?”
Don’t worry, Chatex is your safeguard. With more than 300 payment methods, Chatex is a reliable chatbot with a built-in P2P platform right in the Telegram messenger. This means that if ever the ban happens, Chatex is there to save users from all the hassle. Its integration with Telegram makes it impenetrable and impossible to hack. With no other service provider offering such a secured framework, Chatex takes pride in its product and the community.
The dynamism of Chatex is unparalleled, and the company welcomes all kinds of suggestions and concerns from users. Specifically for the Indian traders, Chatex has assured proper exchange of cryptocurrencies if the worst-case scenario hits the dock. We are all prepared to accommodate the sudden surge, which might be caused once the news gets out.
Chatex promises to get users the right prices within a few touches on the phone screen. With a sincere team to handle the vastness of the crypto market in India, Chatex is all prepared to be everyone’s personal tool to face the adversity of the crypto ban which might be announced probably very soon.
A 24/7 prompt support with 15 minutes resolution time in all kinds of queries and issues, Chatex is dedicated to its customers and caters to their needs in a tailor-made manner. The wallet is PIN-protected which can be set up by the user itself along with a 2-Factor Authentication feature. The user base comprises individual investors, traders, and businesses as well. Currently supporting 11 cryptocurrencies and over 140 fiat currencies, Chatex is the most flexible and accessible globally. Chatex commitment to build a transparent and low-cost financial system has been realised by the released remittance feature on the platform, which charges 0% fee for sending payments between Chatex wallets.
Everything you want at one-stop – Chatex Chatbot!
Chatex website – https://chatex.com
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