Cryptocurrency Q&A
How is token money paid in India?
How is token money paid in India?
Martino
Sun Dec 15 2024
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6
answers
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I'm curious about the payment process of token money in India. Could someone explain how it is typically paid or transacted in that country?
6 answers
KatanaSharp
Tue Dec 17 2024
In the Indian real estate market, there are no explicit written rules governing the payment of token money.
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JejuJoyfulHeartSoul
Tue Dec 17 2024
However, a common practice among sellers is to retain the entire amount of token money paid by the buyer.
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CoinPrince
Tue Dec 17 2024
Token money is exchanged once a verbal agreement is reached between the buyer and seller to finalize the deal.
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JejuSunshineSoul
Tue Dec 17 2024
This retention serves as a penalty if the buyer decides to backtrack on their verbal commitment to purchase the property.
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HanRiverVision
Tue Dec 17 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.
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