Cryptocurrency Q&A
Why is Quotex banned?
Why is Quotex banned?
KimonoElegance
Tue Dec 10 2024
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5 answers
1291
I heard that Quotex, which was once a popular trading platform, has been banned. I'm curious about the reasons behind this ban. Could it be due to regulatory issues, fraud, or some other problems?
5 answers
EnchantedDreams
Thu Dec 12 2024
Due to the absence of direct oversight, users engaging with the platform may not enjoy the same level of protection as those trading on SEBI-regulated exchanges.
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KDramaLegendaryStarlightFestival
Thu Dec 12 2024
The platform operates under a license granted by an offshore regulatory body.
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MichaelSmith
Thu Dec 12 2024
BTCC, on the other hand, is a prominent cryptocurrency exchange that offers a range of services.
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Elena
Thu Dec 12 2024
Despite this, it is not registered with SEBI, the regulatory authority in India.
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isabella_doe_socialworker
Thu Dec 12 2024
This situation raises concerns regarding its legal status for Indian users.
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