How to access Shadow-Banned Crypto Exchanges in India
In response to the recent governmental restrictions on prominent cryptocurrency exchanges like Binance, Kucoin, Gate.io, OKX, and Bitstamp in India, users find themselves seeking alternative avenues to engage in crypto trading. The government cites non-compliance with Indian money laundering laws as the primary reason behind these bans, leading to URL restrictions and delisting from major app platforms.
What’s Next for Crypto Industry in India
It’s important to note that these measures signify the government’s commitment to curbing money laundering activities and protecting users from potential criminal involvement, rather than a complete rejection of cryptocurrencies. In light of these developments, users have explored different strategies to continue their crypto transactions.
Acces Crypto Exchanges using VPN
One prevalent method is the use of Virtual Private Networks (VPNs), which effectively mask users’ IP addresses and locations. By leveraging VPN services, users can access the banned exchanges without the hindrance of government-imposed restrictions. However, it’s crucial to exercise caution and be aware of the legal implications surrounding the use of VPNs.
Some Free and Paid VPN Providers
ProtonVPN
NordVPN
ExpressVPN
These VPN’s offers best security and anonymity for users without any hassle
Use Indian Compliant Crypto Exchanges
Another approach gaining popularity is the transition to Indian-compliant exchanges, providing a secure and seamless environment for cryptocurrency transactions. Three notable exchanges that have gained prominence in this scenario are:
CoinDCX
CoinSwitch
WazirX
These platforms adhere to Indian regulations, offering users a legitimate and lawful channel for participating in the cryptocurrency market. It’s advisable for users to explore these options for a more secure and compliant crypto trading experience.
A disclaimer: This article neither endorses nor promotes any illegal activities. Users engaging with banned websites using VPNs should be aware of the legal implications, and we do not take responsibility for any consequences. The provided information is solely educational, intending to guide users on navigating the evolving landscape of cryptocurrency regulations in India.