Accept INR payment through Cash Deposit Machine or Cardless Cash Withdrawal or Gift Card only, as any type of direct bank transfer may freeze your account.
- No Freeze
- No KYC
- Better Rate
This is what people from reddit community is suggesting to convert BTC to INR and bypass the bank freeze as well as 30% tax rate but can we be 100% sure that the bank freeze is avoided if we accept the payment by Cash deposit machine? Because I read that some comments where even the CDM payment can be put on hold with a reason of wrong account number, but I am not sure.
man i miss, localbitcoins
that exchange was heaven for non-kyc traders
there were no kyc for up-to 10000 usd if i remember correctly
It was 1000USD for email verfied account and 10K only when we verify the identity using Passport or Aadhar link documents.