How to Use CEX.io to Buy & Sell Bitcoins & Ethereum with your Bank Card

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Inspite of their high charges CEX. It could be in terms of ease of use, ability to buy bitcoin without the KYC or with respect to the ready made templates for buying the cryptos. The notifications that is cited in this caution letter is https: P I am discussing this with my Chartered Accountant and once I get an advice I will update in the comments section. I am adding the scans of the notice and the form that needs to be filled and submitted in Citibank branch.

I am sure that many Indians have purchases bitcoins from CEX. Would like to know if anybody else have got these so called caution letters. They have not mentioned any final dates for the submissions. So I am planning to wait for a couple of days to see if anybody else have got these notices and cex buy india they are cex buy india to do. Cross posted on http: That is good to know.

I have pretty much stuck to a single CitiBank Credit Card till date. I think it is time to get a new one now: The transaction went through with both cex buy india bank cex buy india.

I also hold a Citi Bank card and did not transact any amount on that card and still received an email informing me about FEMA violation if I use my credit card to buy Bitcoin in an overseas exchange!! After that mail I am unsure whether to transact on a foreign exchange or is it not worth the risk. If cex buy india else has any clarity on the legal status of transactions of this nature, please do share.

Once you have some cex buy india you can transfer it to foreign exchanges. Citibank India notice for trading on CEX. Would love the feedback from Indian Cryptosphere.

Authors get paid when people like you upvote their post. So what u did at last. I have stopped using credit cared on CEX. Looks like it was just a warning.

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It also sells new items. It was established in in London, [2] and has since grown to have more than stores in the UK and over abroad. The pronunciation of the chain's acronym name was confirmed in British TV commercials aired in March which confirmed it was the same as sex.

The company now has more than stores worldwide including over stores in the United Kingdom , [6] , 60 in Spain , 38 in Ireland , 23 in Australia , 19 in India , 14 in the Netherlands , 8 in Poland , 9 in Portugal , and 23 in Mexico. Cex is a privately owned company. In Cex began issuing licences for franchising. As a second hand retailer, Cex trades with customers offering either cash or a voucher for redemption in any Cex store.

Some premium and new release items Cex will offer close or sometimes higher than the as new retail value of the product. Cex offer a month warranty subject to terms on all of the second hand products the company sells.

Cex no longer accept bitcoin as payment. The service covers the repair of Video game consoles , Smartphones , Tablet computers and laptops. Cex offer a 2 year warranty on device repairs and no fix, no fee promise to customers. At the end of January , all Cex stores operating in the United States closed. From Wikipedia, the free encyclopedia.

Retrieved 20 May Retrieved 14 November Retrieved from " https: Views Read Edit View history. This page was last edited on 29 April , at By using this site, you agree to the Terms of Use and Privacy Policy. Watford , Hertfordshire , United Kingdom.