Is it legal to use a crypto trading bot in India?

3 answers

• May 02, 2022 · 3 years ago
  Yes, it is legal to use a crypto trading bot in India. As of now, there are no specific regulations or restrictions that prohibit the use of trading bots in the country. However, it is always advisable to stay updated with the latest legal developments and consult with a legal professional if you have any concerns.
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• May 02, 2022 · 3 years ago
  Absolutely! Using a crypto trading bot in India is completely legal. The government has not imposed any restrictions on the use of trading bots. However, it's important to note that you should comply with all other applicable laws and regulations related to cryptocurrency trading in India.
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• May 02, 2022 · 3 years ago
  Using a crypto trading bot in India is legal. As per the current regulations, there are no restrictions on the use of trading bots. However, it's crucial to choose a reliable and reputable trading bot platform to ensure the security of your funds and comply with any future regulatory changes. BYDFi, a leading cryptocurrency exchange, offers a user-friendly trading bot platform that you can consider using for your trading activities.
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