The price of Bitcoin (as I'm posting this) is $712, but some guy (will not use names) on Twitter tweeted that BTC is traded @ $100+ over the actual price on Indian exchanges. I haven't checked the Indian market recently, but currently Unocoin buys Bitcoin @ 55,800 INR ($824) and BTCXIndia buys it at 55,500 INR ($812). Can someone tell me why is that difference?
Cheers,
Spartak
there are very few people who wanna sell their bitcoins rather than the many people who wannna buy those bitcoins .so thats y people go for companies that have higher payment .but to keep it in mind that these payments take quite a bit of transaction fee ..but u can try zebpay its better .i guess ..kudoos