Bitcoin Forum

seems some exchanges are interested in ethereum!


just check Ethereum name service and some names are being in auction phase,

hopefully future plans..

its run by the same guys as btxindia, which is resurrecting itself by now offering Ripple (XRP) trading instead of BTC.

i submitted my docs last night, and spoke to their Customer Support today who told me they have seen a sudden surge in applications so I should wait atleast a week.

i questioned him about btcxindia shutting down its BTC trading last year and he simply said "we chose to suspend BTC and now we decided to switch to XRP". i further asked about shutting down BTC trading as a directive from the indian central bank, which he flat out denied and said they chose to 'suspend' BTC trading (it has been 'suspended' for a year now).

They have already informed through their site that KYC takes a long time since they are seeing a new surge of new users and luckily for me i did register in the site when they launched and they did the verification within hours when i registered,i really like the speed of transaction as it usually reaches your bank account with a couple of hours.

I too submitted the KYC over two weeks ago. Hope they process them soon. I'm so excited to buy lots of Ethereum.

Easy way is to buy BTC and exchange to eth on kraken.
No KYC needed for BTC - ETH trades.

but  we have incur losses again as exchange fees  after already having bought btc and above international rates 

The premium on BTC & ETH is almost always equal. So that would not make a difference.

or Poloniex.   recently signed up and bought some XRP and ETH.  very easy to use!  ofcourse, you have to fund your account through BTC or any other cryptocurrency that they support - no paytm/netbanking option available ;D.

Hahaha Benson ;) People still blind with ethexindia . Damn they have 1% fee also. I'm just selling over there making whooping profits but 1% fee makes my ass burn sometimes.
I heard CS was planning to open or add ether, so whats with that , any update you can give?

If i am not wrong still Kraken exchange is also asking KYC and lot of documents to open the account in their exchange and after it get approved you can be able to trade their. As this is my own personal experience and have left that exchange due to this.

Had couple of question regarding BTC ETH trading.

- Firstly is there any fees on Kraken if BTCETH is being traded?
- Secondly say 1 want to buy 1 btc worth ETH so how much do I get it at present?
- Is ETH price directly related to BTC price?

https://www.kraken.com/help/fees


https://cryptowat.ch/kraken/ethbtc


(You said couple of questions and this third :D I'll answer it anyway.)
Not in any way that I know of, its crazy times and I have seen ETH & BTC price inversely related, directly related and also seen BTC following ETH all in same week haha. So, do DYOR I would say. :)
The premium on ETH and BTC relative to international rates is also similar if this is what you meant to know.

I am trying to register in ethexindia i think better than than using some exchanges cutrently i know only two bittrex,polybius,etherdelta . Is there any other reputed so that i can keep in watchlist like transaction charge and fesses . So that i can take right decision.

Ethexindia is already up and which are domains are in auction ? Even I am planning to register from ethe India but I am not sure about premium if it is more then I will buy from already using exchanges yobit,bittrex.

I think in India only which is known is ethexIndia. Only thing they do charge 1% fees for buy and 1% for sell. Which is a lot of fees. Check out other international sites what are their fees and you can buy btc and then convert to ethex on any of International sites.
 

I think India needs some international exchanges who offer more altcoins with bitcoins with lesser than other local exchanges. One of the major problem why people are not showing interest on cryptocurrencies is the price difference.

EthexIndia has blocked new user registrations.. Its just effed up.. Price is so low and they've blocked it!!