Bitcoin Forum

Local => India => Topic started by: Astralis- on November 25, 2018, 04:51:03 PM



Title: Your Preferred Marketplace
Post by: Astralis- on November 25, 2018, 04:51:03 PM
Hi guys, where do buy your crypto from ? or where do u sell it ? Was just curious to know about people from my country.

I personally buy and sell using localethirium and localbitcoins.


Title: Re: Your Preferred Marketplace
Post by: sureshnsnet on November 25, 2018, 06:39:33 PM
I will be suggest to you localbitcoin because of I was using more than four years without any issues to do buying or selling bitcoins there and p2p is the best way to do the Bitcoin trading in India.


Title: Re: Your Preferred Marketplace
Post by: bitcoinisbest on November 29, 2018, 05:07:13 AM
I think in India now their is not market has government has made it that it is not a legal tender and this has discouraged the people of India to use it as government is not going to support cyrpto currencies as far as till now their decision which they have taken make it clear.


Title: Re: Your Preferred Marketplace
Post by: amicrypto on November 29, 2018, 03:39:13 PM
I know everyone on the forum recommends LocalBitcoins. But the premium over the existing prie on LocalBitcoins is quite high for me. I analyzed the prices on all the major P2P exchanges and calculated which one offered at the least premium.

1) LocalBitcoins: 1 BTC has a premium of close to ~Rs. 25,000 per Bitcoin at the current prices i.e. $350/BTC

2) Loop (Koinex): 1 ETH had a premium of about $15-20 when ETH was at ~150 levels.

3) WazirX: 1 TUSD has about Rs 5-6 premium. So on $150 you are paying about Rs 750 more which is ~$10-12.

So to put it in perspective, I prefer WazirX when my main motive is price reduction. I can get the cheapest Bitcoins and Ethers at WazirX but if you are concerned about security it is better to go with LocalBitcoins.


Title: Re: Your Preferred Marketplace
Post by: Titurnight on December 06, 2018, 08:54:08 AM

I will be suggest to you localbitcoin because it is best way .