Will my bank account get frozen if I deal in p2p on binance?
Will my bank account get frozen if I deal in p2p on binance?
Hi All I have been hearing that bank accounts in India are getting frozen due to crypto p2p transactions. Is it a rare occasion that the bank account might freeze or if I deal in p2p I will surely get my banks frozen? I need to sell my btc on binance and all I know is p2p. Should I go ahead and sell ? Thanks for answering me in advance!
Jason Johnson Answered question September 16, 2024
Probably, seeing CEXes by country laws might be obligated to turn over your transactions if need be. Can’t wait for a more simplified p2p trade to be adopted by DEXes. Other than the legal boundaries, I think it is now very possible. If Zetachain can make swapping from eth to bitcoin possible without wrapping or bridging…. I am Bullish for the future of decentralise exchanges.
Jason Johnson Answered question September 16, 2024