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Author Topic: What would u expect from an Indian Bitcoin exchange?  (Read 1290 times)
rsarkar (OP)
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December 04, 2016, 09:48:14 AM
 #1

I believe there would be different views and opinions but I want to focus on the core features which u would want to see in an exchange.
Comments are welcome.

https://localbitcoins.com/accounts/profile/rslsrkr/
zahra4577
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December 04, 2016, 11:02:14 AM
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I believe there would be different views and opinions but I want to focus on the core features which u would want to see in an exchange.
Comments are welcome.
Price at Indian exchanges are not at par with their European counterparts and I think Indian exchanges must give the same price to their users.
Facility to send and withdraw funds from and to online wallet like paytm mobikwik etc

bitcoinisbest
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December 04, 2016, 11:38:58 AM
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Three things I am looking in 2017 from the Indian community.

1) Deposits and withdrawals start happening on Sunday as well. If not full atleast half day as payment could be done via IMPS transfer.
2) Signature campaign for the Indians and by the Indians.
3) Getting prices to near par with International exchanges if not at par atleast.
BitcoinExchangeIndia.com
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December 04, 2016, 11:06:02 PM
 #4

I believe there would be different views and opinions but I want to focus on the core features which u would want to see in an exchange.
Comments are welcome.
Are u planning to open an exchange?

taked
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December 05, 2016, 06:28:02 AM
 #5

It should be easy to use and low fees.
bitcoinisbest
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December 05, 2016, 09:38:50 AM
 #6

It should be easy to use and low fees.

Considering the low fees , Coinsecure has 0.3% of the fees only. While Zebpay has 0% of fees though they price in such a way that obviously their price is covered in the buy/sell rate. We also now have Bitxoxo which has same like Zebpay 0% fees but again its a new entity established a while ago.
cryptoheadd
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December 05, 2016, 01:50:07 PM
 #7

Price at Indian exchanges are not at par with their European counterparts and I think Indian exchanges must give the same price to their users.
Facility to send and withdraw funds from and to online wallet like paytm mobikwik etc

Exchanges like Coinsecure are Peer-to-peer exchanges and they don't really control the prices. (The buyers and sellers do)
Because of these exchanges, traders like Zebpay and Unocoin can't rate the Bitcoins at par with International Bitcoin Exchanges.



Features that I'd expect from Indian Bitcoin Exchanges:

1. Withdrawals and deposits on Sunday. (Which I understand might not be feasible)
2. 1 confirmation Bitcoin Deposits. (Why not?)
3. Instant Bitcoin Withdrawals.
rajasumi2
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December 06, 2016, 02:58:10 AM
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Its very advantageous as the price of bitcoins are high and the things in the market are very low .in case of bitcoin exchange u dont have to worry at all there are so many startups coming up in the market .and u can sell it to them and earn a bit which will make ur livelihood a little better.kudoos Smiley

techsuvidha
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December 06, 2016, 09:00:54 PM
 #9

Price at Indian exchanges are not at par with their European counterparts and I think Indian exchanges must give the same price to their users.
Facility to send and withdraw funds from and to online wallet like paytm mobikwik etc

Exchanges like Coinsecure are Peer-to-peer exchanges and they don't really control the prices. (The buyers and sellers do)
Because of these exchanges, traders like Zebpay and Unocoin can't rate the Bitcoins at par with International Bitcoin Exchanges.



Features that I'd expect from Indian Bitcoin Exchanges:

1. Withdrawals and deposits on Sunday. (Which I understand might not be feasible)
2. 1 confirmation Bitcoin Deposits. (Why not?)
3. Instant Bitcoin Withdrawals.


Features that I'd expect from Indian Bitcoin Exchanges:



1. Withdrawals and deposits on Sunday. (Which I understand might not be feasible)
We already have it on Bitxoxo.com. We process Withdrawal & Deposits 24x7

2. 1 confirmation Bitcoin Deposits. (Why not?)
We have Instant HDWallets. If you receive BTC from any of the following exchange wallets, it will be credited instantly and you can sell it:

a. Bitxoxo.com
b. Bitstamp
c. Bitquick
d. Coinhako
e. Genesis
f. Korbit
g. Kraken
h. Paxful
i. Shapeshift
j. Unocoin
k. Wirex

3. Instant Bitcoin Withdrawals.

All our withdrawals are made through IMPS. And all the withdrawal are processed typically in 5-10 minutes with maximum cap of 30 minutes.
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