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Question: Which exchange Indians are using to trade against foreign currency ?
BTC-e.com - 4 (40%)
BitStamp.net - 2 (20%)
CoinBase.com - 0 (0%)
Circle.com - 0 (0%)
LocalBitcoins.com - 3 (30%)
100bit.co.in - 1 (10%)
Total Voters: 10

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Author Topic: Which exchange Indians are using to trade against foreign currency ?  (Read 1355 times)
RocketSingh (OP)
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June 07, 2015, 05:44:42 PM
 #1

If your chosen one is not mentioned in the poll, then please mention it here in the post. Please do also let us know from where it is easiest to move the money with your Indian Bank account to & fro.

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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chronicsky
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June 08, 2015, 05:20:19 AM
 #2

I do not trade in Indian Currencies , i wish there'd be a exchange where i could have all 4 - INR , BTC , USD and CAD.
btc-e is easy to trade and fast too.
escrow.ms
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June 08, 2015, 01:02:14 PM
Last edit: June 08, 2015, 02:40:37 PM by escrow.ms
 #3

I've used few times btc-e but never deposited any INR Funds as wire transfer is not easy and I've heard that it takes over a week to get funds in btc-e account.

Ps:Last three are not "Live trading platform or Exchange".
chronicsky
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June 08, 2015, 03:08:43 PM
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I've used few times btc-e but never deposited any INR Funds as wire transfer is not easy and I've heard that it takes over a week to get funds in btc-e account.

Ps:Last three are not "Live trading platform or Exchange".

ammmm.. what do you mean ?
We can deposit INR on btc-e with wire transfer ? O.o
escrow.ms
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June 08, 2015, 03:12:14 PM
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I've used few times btc-e but never deposited any INR Funds as wire transfer is not easy and I've heard that it takes over a week to get funds in btc-e account.

Ps:Last three are not "Live trading platform or Exchange".

ammmm.. what do you mean ?
We can deposit INR on btc-e with wire transfer ? O.o

No you need to send funds as USD, and which is not easy because bank will ask you reason for transfer etc same goes with withdrawal too. One of my friend tried it and got funds in his bank after 2-3 weeks.
chronicsky
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June 08, 2015, 04:21:35 PM
 #6

I've used few times btc-e but never deposited any INR Funds as wire transfer is not easy and I've heard that it takes over a week to get funds in btc-e account.

Ps:Last three are not "Live trading platform or Exchange".

ammmm.. what do you mean ?
We can deposit INR on btc-e with wire transfer ? O.o

No you need to send funds as USD, and which is not easy because bank will ask you reason for transfer etc same goes with withdrawal too. One of my friend tried it and got funds in his bank after 2-3 weeks.

Yeah it sounds hard enough to make me not wanna try it! Cheesy
RocketSingh (OP)
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June 08, 2015, 11:43:46 PM
 #7

Ps:Last three are not "Live trading platform or Exchange".

Yah... But trading against foreign currency can be done in all the listed six. If you know more exchanges where Indians might trade against foreign currency, please suggest. I also wonder whether Circle allows to withdraw at Indian bank account or if there is some other method to withdraw from Circle for Indians.

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June 09, 2015, 02:10:19 AM
 #8

I have traded at Bitstamp, but that was only to get back into BTC. I deposited BTC and withdrew BTC.

As for buying BTC through cash I usually get it locally.






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