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Indian government has no banned the cryptocurrency indian finance minister Arun Jaitley has said , bitcoin is not a legal tender but he didn't say that they are going to ban them in the country.

You can make Bitcoin wallet in two ways online and offline :

offline : In Offline wallet yo can store your bitcoins on a computer and they do not require an internet connection. such wallets require a lot of space on your hard drive and your constant attention

Online : In this type you need to ...

Bitcoin is a cryptocurrency and first decentralized digital currency, bitcoin is different from other currencies like Bitcoin has no central authority, unlike other currencies which are backed by the government.

IBM (International Business Machines) is big and branded while Chronicled is a small company with startup so i will suggest IBM

You can do selling off your bitcoins by different ways and most popular way is, selling through the online exchanges. You need to find any site where you can sell your bit coins and making a sell order order and after this need specifying the amount of bitcoins at you want to sell them now when ...

i will keep them with me and i will wait

Yes it is possible to call bitcoins legal while it depends on the country to country and how you are going to use bitcoins

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