Bitcoin Forum

Local => India => Topic started by: kuronokishi10 on December 02, 2017, 04:33:42 PM



Title: prices high on zebpay and unicorn?
Post by: kuronokishi10 on December 02, 2017, 04:33:42 PM
If we convert the btc to inr the price is almost 2 lacs less than what they are showing in those apps
What is the reason?


Title: Re: prices high on zebpay and unicorn?
Post by: ansh_848 on December 03, 2017, 11:32:39 AM
Prices are high on zepay and unicorn apps because they are converting dollars to rupee and even if their price are high on buying and they are also giving high price on selling.


Title: Re: prices high on zebpay and unicorn?
Post by: kaka@1234 on December 03, 2017, 07:24:47 PM
They know the power of btc, and also know how to make profit from Indian public who want to invest in btc as the rate are increasing day by day :D


Title: Re: prices high on zebpay and unicorn?
Post by: onrise on December 04, 2017, 06:04:24 AM
You cannot compare the btc prices at one country to another. India have their own demand and supply and thus their would be some discrepancy always in the international prices with that of Indian prices. We need to ensure that in India exchanges which gives the best price and are a reputed one we buy/sell from them only in order to avoid any regrets later on.


Title: Re: prices high on zebpay and unicorn?
Post by: lordquanta on December 04, 2017, 08:50:58 AM
Most of indian bitcoin traders charge heavy premium compared to the international market. Though they have declared the reasons for the prices being high on the Indian exchanges or vendor compared to the international counter part, you could call it as bulls**t. Nonetheless long point short, they are here to earn profit. There are other exchanges which allow better pricing compared to these vendors.


Title: Re: prices high on zebpay and unicorn?
Post by: RameshSekar on December 04, 2017, 10:24:59 AM
Both selling and buying are high in Indian exchanges.