Is it legal to trade bitcoins in india?

[jumbalu21]

Hi folks,
I would like get started into bitcoin trading business but I would like to know whether its legal or illegal to trade bitcoins or other cryptos in india firstly before getting into business. Please share your opinions and valuable suggestions.
Thanks and cheers!

[Likesn0w]

Most people I know who is into crypto especially those who joine bounty hunting are from India so I guess it isn't illegal to trade bitcoins there. Besides you'll only transact on online exchanges right so I guess you'll find some solutions around how to convert your crypto to fiat when you withdraw.