BUT WHY IS THE BANK TRANSFER OPTION NO LONGER AVAILABLE?


 #IndiaForCrypto #IndiaWantsCrypto #cryptoindia #NFTs #cryptocurrency #Bitcoin #blockchain #wazirxwarriors #techhelpinhindi

In a communication sent out to all WazirX users, the platform has clarified that their Paytm Bank account will not be operational now, which means the bank transfer option using NEFT, RTGS or IMPS transfers from your bank account, will, not be available for the time being. That is till WazirX is able to find a new banking partner for bank transfer and deposit options. This is the latest in the unfolding chapter of cryptocurrency trading in India and the reluctance of banking institutions to engage with crypto exchanges. At this time, WazirX as well as CoinSwitch Kuber and CoinDCX are unable to offer UPI payments as an option for users, because of this reason.

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