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Bitcoin exchanges now are working on OLX-Quikr model platforms

WazirX, a new exchange, started operating a few months before the RBI order; it launched 35 crypto-currencies for trade

Bitcoin exchanges now are working on OLX-Quikr model platforms
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Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture

Rajesh Bhayani Mumbai
With the three-month window ordered by the Reserve Bank of India (RBI) for banks to stop dealing with all crypto-currency trading platforms ending this Thursday, the latter are working on OLX-Quikr model platforms or peer to peer transfer.

In the latter transfer, investors may buy or sell such currencies for the rupee directly with each other without a hitch and money transferred from a banking channel or other permissible route.

In the days after RBI announced its coming ban, investors put much more rupee deposits with exchanges than those who sold bitcoin and withdrew their money. In those days, crypto-currencies