|
Title: Exchanges in India Post by: mitts.daki on August 28, 2013, 11:16:57 PM How many exchanges available in India to but bitcoin?
what if someone wants to buy Ripple or some other digital currency in Rs? Title: Re: Exchanges in India Post by: skysnap on September 02, 2013, 03:38:08 PM I know only one exchanger on localbitcoin. But other than that I have no idea. I am thinking about BTC to EUR for now so that currency exchange would be more on our end.
Title: Re: Exchanges in India Post by: subvolatil on September 02, 2013, 04:49:37 PM At the moment there are no active exchange markets catering to the INR. however there are alot of individual Exchanges Find them on the marketplace of this forum.
for Ripple just post your requirement on the marketplace. Use an Escrow. Title: Re: Exchanges in India Post by: mitts.daki on September 02, 2013, 08:58:47 PM Right in India, specially I don't see exchange for Ripple but there are few for Bitcoin and they are doing great job
Title: Re: Exchanges in India Post by: alwayzgame on September 03, 2013, 09:33:29 AM i recommend buysellbitco.in very nice customer care although slightly on higher side of price but definitely worth it hav a look at it once u wil get to kno
Title: Re: Exchanges in India Post by: mitts.daki on September 03, 2013, 04:54:38 PM yes buysellbitco.in is excellent
Title: Re: Exchanges in India Post by: Benson Samuel on September 04, 2013, 02:31:58 PM i recommend buysellbitco.in very nice customer care although slightly on higher side of price but definitely worth it hav a look at it once u wil get to kno His fancy Customer Service and reliability makes it worth the premium most of the times. Title: Re: Exchanges in India Post by: bitcoinisfurture on November 24, 2013, 08:30:14 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o.
Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Title: Re: Exchanges in India Post by: mitts.daki on November 24, 2013, 09:03:09 AM bitcoinisfurture,
Did you buy from other exchanges? if you then tell exact charges they applied other then buy and sell rate :) Title: Re: Exchanges in India Post by: bitcoinisfurture on November 24, 2013, 09:12:17 AM Yep I have done trading with them.
Also you can check out the coinsecure.in, where you will get the rates of different exchanges of India and International. Title: Re: Exchanges in India Post by: bitcoiner222 on November 24, 2013, 10:39:33 AM How many exchanges available in India to but bitcoin? what if someone wants to buy Ripple or some other digital currency in Rs? Hi, Our trusted company is exchanging worldwide secure and anonymously without any required verification money into BTC. Our accepted payment methods are International bank transfer (only 3% fees), PaySafeCards, Ukashvouchers and Cash by Mail. Lots of users already used our service and left many postive feedbacks and reviews (on bitcointalk and via email for example). This week we exchanged an amount of over 5.300$ into BTC. Our six worldwide operating employees are available 24/7 to exchange as quick as possible and to answer your questions within minutes. You can exchange using our website www.BTC-Exchange.info or directly via PM. If there are questions, feel free to contact us! Cheers Bitcoiner222 Title: Re: Exchanges in India Post by: devansh1991 on November 24, 2013, 11:36:39 AM Hi,
I'll be launching ibitcointrade.com very soon. Initially we won't be charging any fee. Title: Re: Exchanges in India Post by: buysellbitcoin on November 25, 2013, 03:15:46 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Title: Re: Exchanges in India Post by: sidjourn on November 25, 2013, 03:40:14 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Title: Re: Exchanges in India Post by: buysellbitcoin on November 25, 2013, 04:23:51 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards Title: Re: Exchanges in India Post by: sidjourn on November 25, 2013, 11:21:57 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards This is what I am hearing from past two weeks, really! Not to be rude, but can you please lower your fees, because looks like you guys are charging way more than expected! You guys also show low price at night, but you wouldn't let us buy. What kind of trap is this? Also, right now, the price comes down to 56000 for one btc, and on BTC-e china it's 725 dollars (which is equal to 45k). Take GOX price and you are still overcharging your customer. Other sites like INRBTC are charging 49000 at the moment! I have been waiting for, like, ever since to get my hands on a few BTCs but looks like no one is ready to sell when the market value is down. I definitely understand you folks are here to make profit, but I'd absolutely love to see an Indian site offering "affordable" prices with btcs always in stock. The market is wide open to capture, and I hope you folks will come out with something interesting very soon. Title: Re: Exchanges in India Post by: inrbtcad on November 25, 2013, 11:39:36 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards This is what I am hearing from past two weeks, really! Not to be rude, but can you please lower your fees, because looks like you guys are charging way more than expected! You guys also show low price at night, but you wouldn't let us buy. What kind of trap is this? Also, right now, the price comes down to 56000 for one btc, and on BTC-e china it's 725 dollars (which is equal to 45k). Take GOX price and you are still overcharging your customer. Other sites like INRBTC are charging 49000 at the moment! I have been waiting for, like, ever since to get my hands on a few BTCs but looks like no one is ready to sell when the market value is down. I definitely understand you folks are here to make profit, but I'd absolutely love to see an Indian site offering "affordable" prices with btcs always in stock. The market is wide open to capture, and I hope you folks will come out with something interesting very soon. sidjourn. Let's check the facts :- Price at Mt.Gox is USD 824 (Surprise !!!) Price at Btc China is 867 ( Surprise Again !!!) Except for BTC-e is 728 all the other exchanges are quoting above USD 800 I know because I checked immediately after you posted this. You have every right to buy bitcoin at a low price, I will not contest to that but please...when you quote something the facts have to be right. My life at INRBTC.com is a lot easier...I have to ensure that when a trade happens , buyers and seller fufill their part. buy operating BuySellBitco.in is a lot tougher and much riskier...Let us appreciate the fact. I know a lot of people on this forum appreciate what buysellbitco.in does but a few quotes should not tarnish that reputation especially when those quotes are based on wrong facts. Title: Re: Exchanges in India Post by: inrbtcad on November 25, 2013, 12:09:56 PM INRBTC (https://inrbtc.com) is a Bitcoin Trading Platform to Buy and Sell Bitcoins in Indian Rupees Buyers and Sellers can quote the prices and quantity to Buy and Sell Bitcoins at INRBTC respectively. Only serious Buyers and Seller's place their orders at INRBTC because they place a refundable deposit equal to 10% of their order value. When a Buyer and Seller's price is matched, a trade is executed and Both the Buyer and Seller honor their commitments. When the Buyer gets the Bitcoins and the Seller gets the INR, the deposits are refunded after deduction of commission. 413 Successful Trades completed since inception. ( As on 25-Nov-13) Visit INRBTC (https://inrbtc.com) and trade peacefully because your peace is our USP Title: Re: Exchanges in India Post by: lonsharim on November 25, 2013, 12:26:04 PM Only if your site WORKED! Always out of stock, or try again when the prices are low. I have the same experience. This forces buyers to make purchases during a market high and not be in a position to take advantage of dips. That is neither a healthy nor ideal situation for business. I will hazard a guess and say that if you solve this problem you will increase your business manifolds. I am only speculating here but it seems like when the prices drops the sellers naturally don't want to sell because the market tends to climb back up. Even if it drops below $600 it seems to go back up so why would anyone want to sell when it drops? If that is the problem then its not a very good business model and not fair to the buyers. I totally understand and agree with the risks undertaken because buysellbitco.in is freezing the price for 4 hours - which in the BTC universe is a potentially big risk. Therefore the current rate and commission is something we have to live with until there is a much higher liquidity and adoption within the community. Something has to change though. Maybe for a certain order size (above 0.5 or 1 BTC) even if the website is out of stock, it should be able to make a purchase from an exchange immediately after payment confirmation reaches its bank. That could be automated with the exposure of API by various exchanges. If that is too risky, maybe it can be done in a semi-automation or total manual mode. Its better than putting up an out of stock notice and drive the business elsewhere. Title: Re: Exchanges in India Post by: sidjourn on November 25, 2013, 12:51:06 PM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards This is what I am hearing from past two weeks, really! Not to be rude, but can you please lower your fees, because looks like you guys are charging way more than expected! You guys also show low price at night, but you wouldn't let us buy. What kind of trap is this? Also, right now, the price comes down to 56000 for one btc, and on BTC-e china it's 725 dollars (which is equal to 45k). Take GOX price and you are still overcharging your customer. Other sites like INRBTC are charging 49000 at the moment! I have been waiting for, like, ever since to get my hands on a few BTCs but looks like no one is ready to sell when the market value is down. I definitely understand you folks are here to make profit, but I'd absolutely love to see an Indian site offering "affordable" prices with btcs always in stock. The market is wide open to capture, and I hope you folks will come out with something interesting very soon. sidjourn. Let's check the facts :- Price at Mt.Gox is USD 824 (Surprise !!!) Price at Btc China is 867 ( Surprise Again !!!) Except for BTC-e is 728 all the other exchanges are quoting above USD 800 I know because I checked immediately after you posted this. You have every right to buy bitcoin at a low price, I will not contest to that but please...when you quote something the facts have to be right. My life at INRBTC.com is a lot easier...I have to ensure that when a trade happens , buyers and seller fufill their part. buy operating BuySellBitco.in is a lot tougher and much riskier...Let us appreciate the fact. I know a lot of people on this forum appreciate what buysellbitco.in does but a few quotes should not tarnish that reputation especially when those quotes are based on wrong facts. How can you even say "surprise" when I have clearly quoted that the site is overcharging even with comparison to GOX! 824 translates to 50k (or whatever), while they are charging 56k! However, why go with GOX price, as BTC-e prices are almost $100 less. You are clearly trying to support buysellbitco.in. Do so, it's your way! But how can you even say those quotes are based on wrong facts? You have just lost a customer. And please stop spamming this place with your website link. Hoping buysellbitco.in at least appreciates my opinion. Title: Re: Exchanges in India Post by: sidjourn on November 25, 2013, 12:58:39 PM Only if your site WORKED! Always out of stock, or try again when the prices are low. I have the same experience. This forces buyers to make purchases during a market high and not be in a position to take advantage of dips. That is neither a healthy nor ideal situation for business. I will hazard a guess and say that if you solve this problem you will increase your business manifolds. I am only speculating here but it seems like when the prices drops the sellers naturally don't want to sell because the market tends to climb back up. Even if it drops below $600 it seems to go back up so why would anyone want to sell when it drops? If that is the problem then its not a very good business model and not fair to the buyers. I totally understand and agree with the risks undertaken because buysellbitco.in is freezing the price for 4 hours - which in the BTC universe is a potentially big risk. Therefore the current rate and commission is something we have to live with until there is a much higher liquidity and adoption within the community. Something has to change though. Maybe for a certain order size (above 0.5 or 1 BTC) even if the website is out of stock, it should be able to make a purchase from an exchange immediately after payment confirmation reaches its bank. That could be automated with the exposure of API by various exchanges. If that is too risky, maybe it can be done in a semi-automation or total manual mode. Its better than putting up an out of stock notice and drive the business elsewhere. Very well put. Only a customer can understand the pain. Title: Re: Exchanges in India Post by: buysellbitcoin on November 27, 2013, 10:49:01 AM Slightly higher prices - Infact I think they are overcharging for the bitcoins at the moment. Their buy prices are more then then the Mtgox exchange prices too. :o. And when you see their sell prices its around 3k less then MtGox :o. Busellbitco.in derive their prices from averages of various exchanges and as we know apart from MtGox rest exchanges are on lower side so automatically their prices should certainly be lesser on site but its higher then Mtgox (buy side) and much lesser on sell side(Mtgox). Another thing is that, over and above their price they do take 3% commission +96 as their transaction fees making more costlier to purchase and less attractive to sell. Hi We have very complex algorithm to decide on our prices. Normally people see only last trade price on exchange and thinks that it is bitcoin price they can get, but the perception is very wrong as last trade can be of only 0.01 BTC and what you want to sell is say 10 BTC. You can not directly use Exchange last or buy rate, you must use Exchange buy side orderbook to accumulate the quantity you want to sell and see how much it gets you, which is always going to be higher than the last trade price. You will also have to add exchange fees, fees and charges required to move money in and out of exchanges, currency conversion charges in bank. On top of it we offer locked in exchange rates in such volatile market where once you book order with us and send money in within locked in period we honor booked rate only. If you will see carefully the price difference between exchanges is very huge in volatile period, over 70 to 100 dollars a time which goes to around 4k to 6.5k INR which also makes our task a bit tough :) As far as fees concerns we offer loyalty discount so after certain volumes your effective fees reduced to 1.5% only. We also add in various other factors which allows us to manage our risk profile when Bitcoin trading is volatile. We can assure you that if you will take final counting with selling or buying coin rates, our rates would be one of the best available in the market. Regards Only if your site WORKED! Always out of stock, or try again when the prices are low. Yes, we agree we do have stock issues at the moment. As soon as we restock it, we go out of stock almost immediately. We are working hard to resolve this. Regards This is what I am hearing from past two weeks, really! Not to be rude, but can you please lower your fees, because looks like you guys are charging way more than expected! You guys also show low price at night, but you wouldn't let us buy. What kind of trap is this? Also, right now, the price comes down to 56000 for one btc, and on BTC-e china it's 725 dollars (which is equal to 45k). Take GOX price and you are still overcharging your customer. Other sites like INRBTC are charging 49000 at the moment! I have been waiting for, like, ever since to get my hands on a few BTCs but looks like no one is ready to sell when the market value is down. I definitely understand you folks are here to make profit, but I'd absolutely love to see an Indian site offering "affordable" prices with btcs always in stock. The market is wide open to capture, and I hope you folks will come out with something interesting very soon. Well, We sincerely apologize for stock issues, but it is fact that we go out of stock as soon as we restock it. We are working very hard to resolve this. We are launching few programs to generate steady liquidity on the site. The prices in night may go low or high depending on how Bitcoin market goes up an down. Normally as it is seen that as USA wakes up noticeable activity starts on exchanges and it can find a trend, up or down. We do not allow trading in night as we can not complete orders and can not control our liquidity in the night. We are not an exchange where you trade with third party on platform. Also as our website is for Indian users only there is no point for us to allow trading in night. There are few things related to security which I will not go in detail. On sites like INRBTC people set the prices what they are comfortable at. INRBTC is kind of exchange platform, and have different business model. We can not compare both this model. We want to assure you that we are working very hard to resolve liquidity issues. But our first priority is if we accept order we want to complete it as exactly what we have promised. We also want to make sure we grow organically as exponential growth is normally not good for any business. If we can not entertain order in satisfactory manner, we are fine to apologize for not accepting order. buy operating BuySellBitco.in is a lot tougher and much riskier...Let us appreciate the fact. I know a lot of people on this forum appreciate what buysellbitco.in does but a few quotes should not tarnish that reputation especially when those quotes are based on wrong facts. INRBTC, thanks for kind words. Only if your site WORKED! Always out of stock, or try again when the prices are low. I have the same experience. This forces buyers to make purchases during a market high and not be in a position to take advantage of dips. That is neither a healthy nor ideal situation for business. I will hazard a guess and say that if you solve this problem you will increase your business manifolds. I am only speculating here but it seems like when the prices drops the sellers naturally don't want to sell because the market tends to climb back up. Even if it drops below $600 it seems to go back up so why would anyone want to sell when it drops? If that is the problem then its not a very good business model and not fair to the buyers. I totally understand and agree with the risks undertaken because buysellbitco.in is freezing the price for 4 hours - which in the BTC universe is a potentially big risk. Therefore the current rate and commission is something we have to live with until there is a much higher liquidity and adoption within the community. Something has to change though. Maybe for a certain order size (above 0.5 or 1 BTC) even if the website is out of stock, it should be able to make a purchase from an exchange immediately after payment confirmation reaches its bank. That could be automated with the exposure of API by various exchanges. If that is too risky, maybe it can be done in a semi-automation or total manual mode. Its better than putting up an out of stock notice and drive the business elsewhere. Well, we are working on an idea where you will be able to place order for 3000 INR, one time in a day, so you can get your hands on your first Bitcoins. This may take some time to get in, but its already in works. Regards Title: Re: Exchanges in India Post by: Jambi on December 22, 2013, 06:28:36 PM Hi, I'll be launching ibitcointrade.com very soon. Initially we won't be charging any fee. I'll give it a try. Title: Re: Exchanges in India Post by: Transhuman32 on December 23, 2013, 08:40:53 AM So Unocoin is the new exchange for India right?Anyone tried trading there?
Title: Re: Exchanges in India Post by: bitcoinisfurture on February 02, 2014, 09:05:42 AM Which are the working exchanges/site currently which are buying/selling the bitcoins in India at present?
Title: Re: Exchanges in India Post by: dashingriddler on February 02, 2014, 05:29:44 PM Unocoin - Simple, Safe and Secure Way for Buying, Selling and Storing Bitcoins in India
URL: https://www.unocoin.com Minimum price to buy or sell is INR 200 equivalent as of now. Maximum depends upon your membership level and will be visible on your profile when you login. Unocoin is not an exchange but a bitcoin trading web service available only to Indian customers as of now. Title: Re: Exchanges in India Post by: supernovax on April 22, 2014, 04:04:22 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now.
Title: Re: Exchanges in India Post by: Benson Samuel on April 22, 2014, 04:40:47 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. There are other exchanges as well in India. Title: Re: Exchanges in India Post by: kggservices on April 22, 2014, 09:44:24 PM Hello
We are currently working on new payment system via mobile phones. along with this it has built in Escrow/Exchange we would greatly appreciate any suggestions for the Indian Market the platform will be holding the main coins in the market http://thebitcoinnews.co.uk/2014/04/17/atm-machines-are-old-news-and-costly-whats-the-alternative/ http://theabacuscoin.com/Plan-TXTCoinsNow.pdf feel free to PM me or contact me on Skype for further info Title: Re: Exchanges in India Post by: lisper on June 06, 2014, 11:31:54 PM https://millibits.in
This is a sub-second, user-to-user, bitcoin trading platform with no limits, full API support for robotic trading, a published cryptographic proof of solvency, and two factor authentication. Our security is unparalleled and our fees will forever be the lowest. Most other exchanges in India are brokers, who set their own prices. In contrast, here you specify your own. We have expert auditors, lawyers and ex-bankers on our team overseeing the entire process. Title: Re: Exchanges in India Post by: kittucrypt on June 10, 2014, 05:49:27 PM https://millibits.in This is a sub-second user-to-user bitcoin trading platform with no limits, support for robotic trading, a published cryptographic proof of solvency and two factor authentication. Our security is unparalleled and our fees will forever be the lowest. Trust: We're new. So for an initial period, we're also accepting bitcoin deposits by escrow. Most other exchanges in India are brokers, who set their own prices. In contrast, here you specify your own. millibits is owned and run by: Bitcoin Exchange Private Limited registered in Delhi with number: U67190DL2014PTC265083 registration date: 19/02/2014 capital: INR 100k We have expert auditors, lawyers and ex-bankers on our team overseeing the entire process. Our programmers have mined on 6990s, modelled the blockchain as relational data, helped develop high frequency trading apps in investment banks, written bitcoin robots for arbitrage, and have implemented this site's security and cryptography with a view to theoretical unbreakability, not merely practical. We still have features we're working on to make trading even friendlier, but we're good to go. You have a shitty website. Why would someone trade on your platform when there are multiple alternate and more user friendly options available? Title: Re: Exchanges in India Post by: troy112 on June 10, 2014, 06:14:18 PM https://millibits.in This is a sub-second user-to-user bitcoin trading platform with no limits, support for robotic trading, a published cryptographic proof of solvency and two factor authentication. Our security is unparalleled and our fees will forever be the lowest. Trust: We're new. So for an initial period, we're also accepting bitcoin deposits by escrow. Most other exchanges in India are brokers, who set their own prices. In contrast, here you specify your own. millibits is owned and run by: Bitcoin Exchange Private Limited registered in Delhi with number: U67190DL2014PTC265083 registration date: 19/02/2014 capital: INR 100k We have expert auditors, lawyers and ex-bankers on our team overseeing the entire process. Our programmers have mined on 6990s, modelled the blockchain as relational data, helped develop high frequency trading apps in investment banks, written bitcoin robots for arbitrage, and have implemented this site's security and cryptography with a view to theoretical unbreakability, not merely practical. We still have features we're working on to make trading even friendlier, but we're good to go. Yea, mate spend some on the site layout, atm the site doesn't give any sense of security. Title: Re: Exchanges in India Post by: buysellbitcoin on June 11, 2014, 05:26:40 AM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Title: Re: Exchanges in India Post by: Benson Samuel on June 11, 2014, 07:47:23 AM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Title: Re: Exchanges in India Post by: kittucrypt on June 11, 2014, 12:13:35 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Its easy to ridicule others. But at the end of the day we haven't seen those two exchanges back up and running. Audit might not be the reason.... But Nation wants an answer...What happened? (Arnab Style...Pun Intended) Title: Re: Exchanges in India Post by: Benson Samuel on June 11, 2014, 12:41:24 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Its easy to ridicule others. But at the end of the day we haven't seen those two exchanges back up and running. Audit might not be the reason.... But Nation wants an answer...What happened? (Arnab Style...Pun Intended) It was quite easy to ridicule this one tbh.. Title: Re: Exchanges in India Post by: kittucrypt on June 11, 2014, 01:08:11 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Its easy to ridicule others. But at the end of the day we haven't seen those two exchanges back up and running. Audit might not be the reason.... But Nation wants an answer...What happened? (Arnab Style...Pun Intended) It was quite easy to ridicule this one tbh.. Like I said...the reason might not have been audits. But at the end of the day, neither of the two exchanges are back. It has been an opportunity served on the platter for unocoin, who have seized the opportunity to gain the market share. One question that keeps coming back is...if buysellbitcoin and inrbtc were perfectly well established businesses, why did they not open back up? If there was something wrong with dealing in Bitcoins, how come unocoin can perform the same activity as a legitimate business? Title: Re: Exchanges in India Post by: Benson Samuel on June 11, 2014, 01:14:39 PM They were different business choices is all.
Title: Re: Exchanges in India Post by: buysellbitcoin on June 12, 2014, 10:03:40 AM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Its easy to ridicule others. But at the end of the day we haven't seen those two exchanges back up and running. Audit might not be the reason.... But Nation wants an answer...What happened? (Arnab Style...Pun Intended) It was quite easy to ridicule this one tbh.. Like I said...the reason might not have been audits. But at the end of the day, neither of the two exchanges are back. It has been an opportunity served on the platter for unocoin, who have seized the opportunity to gain the market share. One question that keeps coming back is...if buysellbitcoin and inrbtc were perfectly well established businesses, why did they not open back up? If there was something wrong with dealing in Bitcoins, how come unocoin can perform the same activity as a legitimate business? I wish I could have answered that, but never mind. But thanks for pointing out this side of perspective as we have learned that at least few people are thinking on this line. During whole incident we learned lot of things including how business competition works, how media can be used and how some one can say a lot without saying anything :) Just to give some light on the future plans, we are still working on things and hopefully we will be able to release our next product soon ( We are delayed by 2 months as of now ). We were the first in India to provide bitcoin accessibility conveniently to general people and let me tell you this today, you will not find a single person having bad experience, not a single complaint ( except out of stock issues ) with us and on top of it, every person on this forum before Jan this month have used/interacted with buysellbitcoin in some capacity. But here I can only say one thing, we are here and we are here for good. Hopefully our new product will also receive same love and respect from the community. Regards Title: Re: Exchanges in India Post by: kittucrypt on June 12, 2014, 01:15:49 PM When the famous bitcoin raids happened in december last year by Enforcement directorate for money laundering offences, other 2 exchanges shut down and are still not functional but unocoin.com is was clean in their audit and the only exchange in india for bitcoin right now. Wou.. Never thought on this perspective of users. Regards Lol, Some are quite stupid. They just read 3 lines in some text and think that they have some common sense to decipher the rest. That post is a darn good example to show that common sense is not very common. It could be a sock puppet account as well. Its easy to ridicule others. But at the end of the day we haven't seen those two exchanges back up and running. Audit might not be the reason.... But Nation wants an answer...What happened? (Arnab Style...Pun Intended) It was quite easy to ridicule this one tbh.. Like I said...the reason might not have been audits. But at the end of the day, neither of the two exchanges are back. It has been an opportunity served on the platter for unocoin, who have seized the opportunity to gain the market share. One question that keeps coming back is...if buysellbitcoin and inrbtc were perfectly well established businesses, why did they not open back up? If there was something wrong with dealing in Bitcoins, how come unocoin can perform the same activity as a legitimate business? I wish I could have answered that, but never mind. But thanks for pointing out this side of perspective as we have learned that at least few people are thinking on this line. During whole incident we learned lot of things including how business competition works, how media can be used and how some one can say a lot without saying anything :) Just to give some light on the future plans, we are still working on things and hopefully we will be able to release our next product soon ( We are delayed by 2 months as of now ). We were the first in India to provide bitcoin accessibility conveniently to general people and let me tell you this today, you will not find a single person having bad experience, not a single complaint ( except out of stock issues ) with us and on top of it, every person on this forum before Jan this month have used/interacted with buysellbitcoin in some capacity. But here I can only say one thing, we are here and we are here for good. Hopefully our new product will also receive same love and respect from the community. Regards Actions speak louder than words. Unless you relaunch or answer the questions, the questions and doubt in minds of your customers will remain. Good Luck with your new product. Title: Re: Exchanges in India Post by: Benjig on June 13, 2014, 03:35:30 AM I would recommend you to use anx pro exchange, its a highly secure and reliable hong kong based exchange wih rapid growing worldwide, currently we are offering freely 15,000 dogecoins for registration.
ANXPRO (http://bit.ly/UxeAkD) Title: Re: Exchanges in India Post by: chandan123 on June 13, 2014, 08:11:04 PM I would recommend you to use anx pro exchange, its a highly secure and reliable hong kong based exchange wih rapid growing worldwide, currently we are offering freely 15,000 dogecoins for registration. as they dont have indian currency it will be costlier for wire ;) ANXPRO Title: Re: Exchanges in India Post by: Benjig on June 14, 2014, 03:01:15 AM I would recommend you to use anx pro exchange, its a highly secure and reliable hong kong based exchange wih rapid growing worldwide, currently we are offering freely 15,000 dogecoins for registration. as they dont have indian currency it will be costlier for wire ;) ANXPRO Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. cheers ANXPRO (http://bit.ly/UxeAkD) Title: Re: Exchanges in India Post by: chandan123 on June 14, 2014, 03:15:09 AM Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. thats what for paying / receiving in usd there is additional cost so converting to INR in the site is not much useful there may be some netbanking option from ccavenue.com can you look that if that is good to adopt in the site Title: Re: Exchanges in India Post by: dashingriddler on June 14, 2014, 05:41:46 AM Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. thats what for paying / receiving in usd there is additional cost so converting to INR in the site is not much useful there may be some netbanking option from ccavenue.com can you look that if that is good to adopt in the site Title: Re: Exchanges in India Post by: Benson Samuel on June 14, 2014, 11:00:29 AM Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. thats what for paying / receiving in usd there is additional cost so converting to INR in the site is not much useful there may be some netbanking option from ccavenue.com can you look that if that is good to adopt in the site Zaakpay also said No to Bitcoin!, but they are open to other digital currencies that are not central. Title: Re: Exchanges in India Post by: chandan123 on June 14, 2014, 11:42:09 AM Services like ccavenue are not providing services for crypto currency sites. Also the charge as much as 3% which makes it a bad addition. but what abt just use them for adding deposits ? Title: Re: Exchanges in India Post by: BitCoinDream on June 14, 2014, 01:21:04 PM Services like ccavenue are not providing services for crypto currency sites. Also the charge as much as 3% which makes it a bad addition. but what abt just use them for adding deposits ? CC Avenue supports chargeback. Its better to stay away from reversible payment methods in crypto related things. Title: Re: Exchanges in India Post by: dashingriddler on June 15, 2014, 03:32:32 AM Services like ccavenue are not providing services for crypto currency sites. Also the charge as much as 3% which makes it a bad addition. but what abt just use them for adding deposits ? Yes they have told so to us. Does not matter for what you take the money. They will take their commission. Yes risk of chargeback is also there. Title: Re: Exchanges in India Post by: dashingriddler on June 15, 2014, 03:35:22 AM Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. thats what for paying / receiving in usd there is additional cost so converting to INR in the site is not much useful there may be some netbanking option from ccavenue.com can you look that if that is good to adopt in the site Zaakpay also said No to Bitcoin!, but they are open to other digital currencies that are not central. Title: Re: Exchanges in India Post by: Benson Samuel on June 15, 2014, 03:57:25 AM Yeah but you can select USD and they will be converted to indian currency at deposit/withdrawal time, anyways we are working to implement Indian currency along with others. thats what for paying / receiving in usd there is additional cost so converting to INR in the site is not much useful there may be some netbanking option from ccavenue.com can you look that if that is good to adopt in the site Zaakpay also said No to Bitcoin!, but they are open to other digital currencies that are not central. No, as in centralised Title: Re: Exchanges in India Post by: btcxindia on June 19, 2014, 03:25:22 PM https://btcxindia.com/
BTCXIndia is the first Bitcoin exchange in India offering a secure, real time trading platform, following KYC-and AML-guidelines and allowing instant INR deposits and withdrawals. References: http://www.coindesk.com/indias-first-fully-open-bitcoin-exchange-launched/ http://epaper.newsindia-times.com/2014_06_20/#6 http://articles.economictimes.indiatimes.com/2014-06-18/news/50678868_1_currency-notes-bitcoins-satoshi-nakamoto Security: https://www.ssllabs.com/ssltest/analyze.html?d=btcxindia.com Title: Re: Exchanges in India Post by: BitCoinDream on June 19, 2014, 06:08:30 PM https://btcxindia.com/ BTCXIndia is the first Bitcoin exchange in India offering a secure, real time trading platform, following KYC-and AML-guidelines and allowing instant INR deposits and withdrawals. References: http://www.coindesk.com/indias-first-fully-open-bitcoin-exchange-launched/ http://epaper.newsindia-times.com/2014_06_20/#6 http://articles.economictimes.indiatimes.com/2014-06-18/news/50678868_1_currency-notes-bitcoins-satoshi-nakamoto Security: https://www.ssllabs.com/ssltest/analyze.html?d=btcxindia.com Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. ibitcointrade.com (199.79.63.202) https://www.ssllabs.com/ssltest/analyze.html?d=ibitcointrade.com This server supports SSL 2, which is obsolete and insecure. Grade set to F. Title: Re: Exchanges in India Post by: dashingriddler on June 20, 2014, 04:15:49 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Title: Re: Exchanges in India Post by: subvolatil on June 20, 2014, 04:43:11 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Title: Re: Exchanges in India Post by: Benson Samuel on June 20, 2014, 04:50:47 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Bitcoin was also upgraded post the vulnerability. Title: Re: Exchanges in India Post by: BitCoinDream on June 20, 2014, 09:54:00 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Is not it something the HTTPS issuing authority supposed to take care ? Title: Re: Exchanges in India Post by: dashingriddler on June 20, 2014, 10:28:20 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Is not it something the HTTPS issuing authority supposed to take care ? Title: Re: Exchanges in India Post by: dashingriddler on June 21, 2014, 07:27:06 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Is not it something the HTTPS issuing authority supposed to take care ? Title: Re: Exchanges in India Post by: newIndia on June 21, 2014, 09:59:04 PM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Is not it something the HTTPS issuing authority supposed to take care ? What to do for this OpenSSL update ? Care to share ? Title: Re: Exchanges in India Post by: dashingriddler on June 22, 2014, 02:52:55 AM Just being inquisitive, I was checking the security of other 2 exchanges. Why do they drastically fail the test, though they are using https both ? Wow a new bug identified in OpenSSL a week ago https://access.redhat.com/site/articles/904433unocoin.com (198.199.115.242) https://www.ssllabs.com/ssltest/analyze.html?d=unocoin.com Experimental: This server is vulnerable to the OpenSSL CCS vulnerability (CVE-2014-0224) and exploitable. Grade set to F. SSLlabs says the bug identification method they are using is experimental. But will surely look into fixing the issue. Thanks for reporting. Is not it something the HTTPS issuing authority supposed to take care ? What to do for this OpenSSL update ? Care to share ? I just used an online guide - not exactly sure of the commands i used. But i believe they are these: sudo apt-get update && sudo apt-get upgrade sudo apt-get install openssl libssl-dev apt-cache policy openssl libssl-dev Title: Re: Exchanges in India Post by: btcxindia on June 22, 2014, 03:31:45 AM This link may helpful to you.
https://www.openssl.org/news/secadv_20140605.txt Title: Re: Exchanges in India Post by: newIndia on June 22, 2014, 01:40:05 PM Thanks to both @dashingriddler & @btcxindia. It seems these guides are for unmanaged VPS, e.g. DigitalOcean. For a non-bitcoin website running on a shared hosting will this be taken care of by the hosting authority ? What do u think ?
Title: Re: Exchanges in India Post by: btcxindia on June 23, 2014, 12:19:17 PM If it is shared hosting, hosting provider will have to upgrade the open SSL .
Title: Re: Exchanges in India Post by: dashingriddler on June 23, 2014, 06:33:15 PM If it is shared hosting, hosting provider will have to upgrade the open SSL . That's rightTitle: Re: Exchanges in India Post by: bitcoinisfurture on July 04, 2014, 12:08:58 PM Which are the current working websites for Buy/Sell Bitcoins in India?
Localbitcoins.com Unocoin.com Title: Re: Exchanges in India Post by: lisper on July 04, 2014, 02:50:43 PM Yea, mate spend some on the site layout, atm the site doesn't give any sense of security. Thanks for the feedback there. It's got a more modern look now.https://millibits.in As for it conveying the required sense of security, these two notes may help: https://millibits.in/exchange/advanced https://millibits.in/exchange/pub/proof.txt Title: Re: Exchanges in India Post by: bitcoinisfurture on July 05, 2014, 11:20:54 AM Cool another added to the list https://millibits.in.
So its 3 sites now. Also, any status update about buysellbitco and INRBTC sites. Title: Re: Exchanges in India Post by: Benson Samuel on July 05, 2014, 04:57:43 PM Cool another added to the list https://millibits.in. So its 3 sites now. Also, any status update about buysellbitco and INRBTC sites. inrbtc won't be coming back anytime soon for sure. Buysellbitco.in has now transformed into quite a nice news website and I do know for a fact that he is coming up with something more as well. |