Question: My friend in India wants to start investing in cryptocurrency such as bitcoin. I have a few questions. What is the current legality of cryptocurrency in India? What exchange should he use? What wallet app should he use (should support main popular coins)?


Crypto was declared legal in India, earlier this year by the Supreme Court. That being said there are no legal frameworks/regulations right now by the government.

WazirX is one popular exchange in India. Haven't used it though.

  • None of the KYC exchanges in India are good
    – Prayank
    Dec 2 '20 at 9:04
  • mentioned that haven't used it, therefore got no idea.
    – Ayush
    Dec 2 '20 at 9:34

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