Why Indian Exchanges are not providing Crypto Withdrawals for users to take Self Custody ?

Pls do share your views on this : @WazirXIndia @bitbns @CoinDCX @CoinSwitch @zebpay @Unocoin @giottus

coindcx

people should be able to withdraw crypto anytime anywhere they want that's what crypto stands, you control your funds.

Wazirx always said that it's due to regulations

@CoinDCX @smtgpt @CoinDCX_Cares Have a look for real fun ! 😉

One of the worst exchange is @bitbns . Still I am not able to withdraw my funds nothing is being done you guys. @CryptooIndia @CryptoPointHi @CryptooAdy Sandy bhai gaurav promised that he will enable withdrawal in the month of October 2023 still no update from you and him as well

I have a Ledger Hardware Wallet but I am unable to withdraw my funds from @CoinDCX to my Hardware Wallet

Bhai ekdum sahi,wazirx Paisa duba diya hai unko bharna padega..

1. In Insurance there is something called TP Pool -> Insurance companies contribute to it basis their biz volume and this pool is used for settling tribunal claims. All companies can come together with @BWA_Ind to create and manage such a SAFU Pool by sharing a small % of trade fee. 2. If we understand how officials operate in India .. it may not be soo easy for founders to come in open and state things which gets communicated on offline basis 🙃 3. The ban on foreign apps also forced a lot of users to do local deposits 4. There needs to be a balance between self custody and exchange - reasons like non understanding of things like pk, gas fee, mnemonic phrase, how to identify phishing links etc can lead to loss of user funds incase of self custody too. Eventually a unified crypto community is needed ., not only to overcome such challenges but also to have strong representation to policy makers to get better logical rules for operations! 🙏

Tax system sbse ghatiya hai flat 30% 🥹