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Title: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 14, 2015, 06:39:08 AM https://pbs.twimg.com/media/B7SjSmKCcAE8gjU.png
https://pbs.twimg.com/media/B7SFCc8CIAEH79q.jpg https://pbs.twimg.com/media/B7Sm7aHCMAIVG7e.jpg INRDeposit Receipt pending. no responce from unocoin help me. Quote i am TRANSFER money thru IMPS service provides instant transaction 24*7. unocoin say that we discussed with our higher authority and according to our regulations, we processed your buy orders and cancelled your INR deposits for your deposit amount (6200 INR , 6000 INR) .CONTACT NO HELP THERE HELP ME THANKYOU. MMID: 9240844 Mobile Number: 9632720333 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501308XXXXXX/XXXX0 333/- 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501310XXXXXX/XXXX0 333/- Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: legendster on January 14, 2015, 08:30:06 AM unocoin say that we discussed with our higher authority and according to our regulations, we processed your buy orders and cancelled your INR deposits for your deposit amount (6200 INR , 6000 INR) . Wow. Dashing should respond to this. But just for clarity's sake, what exactly went wrong ? You deposited 6k and 6.2k in your Uno account through IMPS, did they not credit you the 12.2k ?? Or did they refund it to your bank ?? Or did they credit you the btc equivalent of 12.2k ? Did you fill your KYC ? Because without KYC I think they will only accept deposits under 10k per month (correct me if I am wrong). Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 14, 2015, 08:44:51 AM Hello,
You have placed a couple of BUY orders and also a couple of DEPOSIT orders. As explained to you over your tickets, the deposit you made on 9th was reversed by your bank. Unocoin will not know why it has happened. However your next payment on the 13th has gone through and we have received it. We have received you the final payent of 6200 inr as well. We process orders on first in first out basis and the BUY orders were the first that was placed. So we have executed the buy orders for the deposited amount and cancelled the DEPOSIT orders to avoid confusion. As I understood this confused you even more, I have given the life back to the cancelled DEPOSIT orders - so you can pay for them now and get them executed. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 14, 2015, 08:59:56 AM Ok, after receiving your BUY order emails, I understood the exact concern. I am pasting the reply to you here as well:
Hello, I finally understood the concern. Thank you for forwarding the emails. We have received 6000 INR instead of 4993 INR for one of your BUY orders. So we have given you 0.33280978 BTC instead of 0.277 BTC you have ordered. We actually received 6200 INR for one of your order instead of 6187 INR. So we went ahead and have given you 0.34074362 BTC instead of your ordered 0.34 BTC because of that extra 13 INR you have paid. So overall we have given you more BTC as we received more money that what we were supposed to receive. This means all of your 12200 INR has been acknowledged and BTC issued. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 14, 2015, 09:03:07 AM is unocoin.com an exchange??
i don't see any buy or sell orders/any kind of order chart history like in coinsecure.in??? Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 14, 2015, 09:35:04 AM https://pbs.twimg.com/media/B7TPSvyCcAABon3.jpg
i am update for INR DEPOSIT @ 10:45am on 13-01-2015 on www.unocoin.com/depositinr Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 14, 2015, 11:17:19 AM Hi yaswanthnlr, is your matter sorted with unocoin?
can you please let me know what is the process, as i don't see any buy/sell orders there? Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 14, 2015, 01:53:13 PM Hi yaswanthnlr, is your matter sorted with unocoin? the buy and sell rate was fixed by bitcoin real timecan you please let me know what is the process, as i don't see any buy/sell orders there? Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: legendster on January 14, 2015, 02:06:05 PM is unocoin.com an exchange?? i don't see any buy or sell orders/any kind of order chart history like in coinsecure.in??? There are 2 types of exchanges. C2C = Customer to Customer exchange, Eg : Btc-e, Cryptsy, Coinsecure etc and then there are the other kind of exchange, which I think is called M2C = Merchant to Customer exchange. Basically these type of exchanges dont rely on the price of the sell orders listed by the customers but rather have a predetermined buy/sell rate based on some market parameters. Unocoin falls in the second category. I operated a similar form of forum exchange a year ago here in the forums. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 14, 2015, 04:52:18 PM Got it. I am just concerned, that if the Bitcoin prices fall too low, unocoin will shut shop & not sell until the prices goes up.
Or even if they sell, it will be at a high premium compared to international prices. Can somebody from unocoin confirm on this please! If they shut down & refuse to sell, it will be very sad. I hope it does not happen, with all the funding from Barry Silbert & others. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: legendster on January 14, 2015, 05:41:39 PM Got it. I am just concerned, that if the Bitcoin prices fall too low, unocoin will shut shop & not sell until the prices goes up. Or even if they sell, it will be at a high premium compared to international prices. Can somebody from unocoin confirm on this please! If they shut down & refuse to sell, it will be very sad. I hope it does not happen, with all the funding from Barry Silbert & others. They will probably not shut shop, because just like most M2C exchanges their profits come from the transaction fees paid by the buyers and sellers on their site. And you will never get international prices in India, blame RBI and the govt for that. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: RocketSingh on January 14, 2015, 05:51:38 PM is unocoin.com an exchange?? i don't see any buy or sell orders/any kind of order chart history like in coinsecure.in??? There are 2 types of exchanges. C2C = Customer to Customer exchange, Eg : Btc-e, Cryptsy, Coinsecure etc and then there are the other kind of exchange, which I think is called M2C = Merchant to Customer exchange. Basically these type of exchanges dont rely on the price of the sell orders listed by the customers but rather have a predetermined buy/sell rate based on some market parameters. Unocoin falls in the second category. I operated a similar form of forum exchange a year ago here in the forums. There is also another type, which is a platform only and do not touch FIAT, e.g. localbitcoins. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: legendster on January 14, 2015, 07:24:19 PM There is also another type, which is a platform only and do not touch FIAT, e.g. localbitcoins. Localbitcoins is not an exchange but essentially an escrow service. Think about it. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 03:03:24 AM dashingriddler as Sathvik Vishwanath Co-Founder, CEO of www.unocoin.com
Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 03:10:54 AM i am paid for Deposit INR not for buy btc the unocoin create fake orders process the order. loss of my money.he say deposit paid the money process the order. the say the unocoin rules.any buddy say comments.
Ok, after receiving your BUY order emails, I understood the exact concern. I am pasting the reply to you here as well: Hello, I finally understood the concern. Thank you for forwarding the emails. We have received 6000 INR instead of 4993 INR for one of your BUY orders. So we have given you 0.33280978 BTC instead of 0.277 BTC you have ordered. We actually received 6200 INR for one of your order instead of 6187 INR. So we went ahead and have given you 0.34074362 BTC instead of your ordered 0.34 BTC because of that extra 13 INR you have paid. So overall we have given you more BTC as we received more money that what we were supposed to receive. This means all of your 12200 INR has been acknowledged and BTC issued. Sure, Please update the new reference numbers once you do the payment for those two orders and we will process them. You will be able to buy bitcons using that money after that. Ok, then you need to pay for the BUY orders first before you pay for DEPOSIT orders. That is not an issue. We just process the orders in the way they are received. You can pay for DEPOSIT orders now and get it processed. Kindly make sure you pay for the orders in the way you placed them. We cannot process new orders before processing the old orders. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 03:16:02 AM Hey thankx legendster, RocketSingh, yaswanthnlr.
Can @dashingriddler or somebody from uncoin confirm on this please? Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 03:41:52 AM Hey thankx legendster, RocketSingh, yaswanthnlr. yes @dashingriddler real name Sathvik Vishwanath Mobile Number:Can @dashingriddler or somebody from uncoin confirm on this please? 9632720333 landline number 08164011655. sathvikv@unocoin.com Co-Founder, CEO of www.unocoin.com https://www.unocoin.com/team Phone : 1800-103-2646 Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 03:54:45 AM https://pbs.twimg.com/media/B7SjSmKCcAE8gjU.png i am deposit for inr money unocoin[/quote] INR Payment InstructionsYou can maintain an INR balance in your Unocoin account that you can use to buy Bitcoins instanteneously. Complete the form above before you go ahead to transfer INR to our bank account. We do not accept cash deposits and you need to use NEFT/RTGS/IMPS. Once you transfer INR, come back to this page and update the REFERNCE NUMBER of your transfer against the deposit order you have created. Once we receive INR to our bank account, your DEPOSIT order processed with in 24 hours and usually it will happen with in 2 hours. We can only hold your INR for 90 days. If you do not completely use your INR balance for 90, then we will refund it back to your bank account. We have limits on the amount of INR you can hold in your INR balance. We have accounts with HDFC bank to which you can send INR payments.[/quote] that purpose hold money for waiting buy btc but the unocoin is fake me process the create of fake orders and loss of my money.https://pbs.twimg.com/media/B7SFCc8CIAEH79q.jpg https://pbs.twimg.com/media/B7Sm7aHCMAIVG7e.jpg INRDeposit Receipt pending. no responce from unocoin help me. Quote i am TRANSFER money thru IMPS service provides instant transaction 24*7. unocoin say that we discussed with our higher authority and according to our regulations, we processed your buy orders and cancelled your INR deposits for your deposit amount (6200 INR , 6000 INR) .CONTACT NO HELP THERE HELP ME THANKYOU. MMID: 9240844 Mobile Number: 9632720333 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501308XXXXXX/XXXX0 333/- 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501310XXXXXX/XXXX0 333/- Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 03:57:23 AM I am requesting from the team unocoin to confirm, that exchange would function smoothly even if the prices hit low & there would be no significant premium charged to loot customers.
Anybody from unocoin please? Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: legendster on January 15, 2015, 04:03:51 AM I am requesting from the team unocoin to confirm, that exchange would function smoothly even if the prices hit low & there would be no significant premium charged to loot customers. Anybody from unocoin please? I dont think you will hear from them on that particular question. No one can officially state that their business wont shut down due to unforeseen events. Glad to be of help. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 04:08:18 AM Hey @yaswanthnlr did uncoin gobble up your money? sue them or send email to Barry Silbert. unocoin is off late smelling fishy. Asking people to keep INR despoits with them and others.
Yes as always, uncoin guys wont come forward. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 15, 2015, 08:15:13 AM Got it. I am just concerned, that if the Bitcoin prices fall too low, unocoin will shut shop & not sell until the prices goes up. Or even if they sell, it will be at a high premium compared to international prices. Can somebody from unocoin confirm on this please! If they shut down & refuse to sell, it will be very sad. I hope it does not happen, with all the funding from Barry Silbert & others. We do not foresee that happening. We usually have matching sell orders to cover the buy orders. I am not trying to promise we never do it, but we try our best not to lock down trading - it has not happened until today. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 08:23:03 AM am happy somebody from uncoin responded. thankyou. what if nobody wants to sell & everybody wants to buy at those cheap prices? where will the coins come from then? thankyou in advance.
Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 15, 2015, 08:32:08 AM am happy somebody from uncoin responded. thankyou. what if nobody wants to sell & everybody wants to buy at those cheap prices? where will the coins come from then? thankyou in advance. Hello cyphos,I do not come to this forum very often. I am happy to reply if you can email me on sathvikv@unocoin.com or support@unocoin.com Well it is more or less of a chicken and egg question I would say. The price of Unocoin depends upon international exchange rates, our own buying and selling volumes in last few hours and our stocks. The weight-age of these parameters vary sometimes. Now, it is a very rare situation that internationally there are both buyers and sellers for bitcoin (that is what decides the market price) at the rate XXX but in India only buyers exist. Also understand that the BTC price in India is usually 2-4% more than international market price. So for sure some one will see the arbitration opportunity and sell bitcoins in India and buy bitcoins else where. This should bring in some bitcoins that can be given to buyers. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 08:37:52 AM ok thankyou for that. posting on forum, helps everybody get there doubts clear. good for community. it is also more transparent.
so if i understand, unocoin will buy from international exchanges as per buying demand in India? correct me if wrong. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 15, 2015, 08:42:16 AM ok thankyou for that. posting on forum, helps everybody get there doubts clear. good for community. it is also more transparent. No Unocoin do not do any fiat cross border transactions which means will not buy through international exchanges. I am saying the customers may find arbitraging opportunity themselves and this could help in bring bitcoins to unocoin.so if i understand, unocoin will buy from international exchanges as per buying demand in India? correct me if wrong. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: cyphos on January 15, 2015, 08:44:41 AM thankyou for the information dashingriddler.
Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 09:50:15 AM [/quote INR Payment InstructionsYou can maintain an INR balance in your Unocoin account that you can use to buy Bitcoins instanteneously. Complete the form above before you go ahead to transfer INR to our bank account. We do not accept cash deposits and you need to use NEFT/RTGS/IMPS. Once you transfer INR, come back to this page and update the REFERNCE NUMBER of your transfer against the deposit order you have created. Once we receive INR to our bank account, your DEPOSIT order processed with in 24 hours and usually it will happen with in 2 hours. We can only hold your INR for 90 days. If you do not completely use your INR balance for 90, then we will refund it back to your bank account. We have limits on the amount of INR you can hold in your INR balance. We have accounts with HDFC bank to which you can send INR payments.[/quote]
i am DEPOSIT money for inr balnce. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 15, 2015, 10:32:44 AM i paid for inr balance. that amount you converted to buy btc order.
https://pbs.twimg.com/media/B7SjSmKCcAE8gjU.png i am deposit for inr money unocoinhttps://pbs.twimg.com/media/B7SFCc8CIAEH79q.jpg https://pbs.twimg.com/media/B7Sm7aHCMAIVG7e.jpg INRDeposit Receipt pending. no responce from unocoin help me. Quote i am TRANSFER money thru IMPS service provides instant transaction 24*7. unocoin say that we discussed with our higher authority and according to our regulations, we processed your buy orders and cancelled your INR deposits for your deposit amount (6200 INR , 6000 INR) .CONTACT NO HELP THERE HELP ME THANKYOU. MMID: 9240844 Mobile Number: 9632720333 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501308XXXXXX/XXXX0 333/- 13 Jan 2015 13 Jan 2015 TO TRANSFERIMPS02/501310XXXXXX/XXXX0 333/- [/quote] Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: yaswanthnlr on January 26, 2015, 02:00:03 PM Signin Error
You are blocked from unocoin. You cannot log-in. Please contact support. Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: dashingriddler on January 26, 2015, 08:10:41 PM Signin Error Hi,You are blocked from unocoin. You cannot log-in. Please contact support. I just checked the issue. You were blocked out of the system as you have been continuously putting BUY orders since a week without paying for them in spite you agree to pay for them in 8 hours from the time you place the order. Regards Title: Re: lost Money in Unocoin: Buy, Use and Accept Bitcoin in India Post by: aakashkumar on January 27, 2015, 07:06:08 AM Vouch For www.unocoin.com (http://www.unocoin.com) . Am using their service From jan 2014 and i never had a problem with their Payment.
Thanks to @dashingriddler |
