P2P Trading services launching by Indian Crypto Exchanges

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·@archana25·
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P2P Trading services launching by Indian Crypto Exchanges
*Hello Friends*


![PicsArt_07-03-02.18.08.png](https://cdn.steemitimages.com/DQmNbE5McjBanLw3dcyGcq4LyzEzKTLHDyxEKMdQ2BcRC8s/PicsArt_07-03-02.18.08.png)

## P2P Services launching by Indian Crypto Exchanges ##

In India RBI issued the ban on banking for crypto traders.. Because of it many crypto trader were panic in India.. So Indian crypto exchanges were searching for the alternatives solution of it from many days..

Two Indian exchanges decided to lauching P2P crypto trading services for their customers. Here crypto traders can legally buy and sell their cryptos even after the central bank's ban banking for crypto traders.

# P2P Services #

**P2P** means *peer to peer* services.. Where person can buy and sell directly to another person without any third party or intermediater.

## Wazirx Exchange ##

**Wazirx Exchange** is the one of the exchange who were working on a solution after RBI ban banking for crypto traders.. They announced last week that they are launching a **P2P** services for their crypto customers. But they will launch this services when bank totally stop providing their services to crypto exchanges.

**CEO Nischal Shetty said** 

![Screenshot_20180703_134507.png](https://cdn.steemitimages.com/DQmbbFki8BBhNydudxkuXjoxwSmg8johm7G45NCMKisxukj/Screenshot_20180703_134507.png) 

![Screenshot_20180703_140403.png](https://cdn.steemitimages.com/DQmchqnUuedYihqSWL8c7WZ26a7FViCrun2oiS8izuyDRxp/Screenshot_20180703_140403.png)

**Wazir Exchange** going to use *Escrow* services.. Where they hold the cryptos during the transaction and realised when order will be fulfilled completely. So that no one can cheats other... 

Wazir exchange lauched in March month and now trading 37 cryptocurrencies against **INR** and 17 against **BTC**..

### Koinex Exchange ###

Indian Exchange Koinex also announced for *peer to peer* services for their crypto customers. And this P2P services available on both web and mobile plateform..

![Screenshot_20180703_141230.png](https://cdn.steemitimages.com/DQmXU6Cp3tCZADhikJ7BKM4ARzYTeZ3dwgqg9A2qj5XfoVk/Screenshot_20180703_141230.png)

Sources link :

https://news.bitcoin.com/indian-crypto-exchanges-launching-p2p-trading-rbi-ban/
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