Bitcoin Forum
May 07, 2024, 08:38:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: e-commerce india  (Read 732 times)
indbitcoin (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
December 30, 2015, 10:08:07 PM
 #1

We have a new e-commerce that most sellers are from India. They only receive bitcoin as payment. May we know how can they  exchange their bitcoin to fiat so we can give them step by step instructions? thank you
1715114306
Hero Member
*
Offline Offline

Posts: 1715114306

View Profile Personal Message (Offline)

Ignore
1715114306
Reply with quote  #2

1715114306
Report to moderator
1715114306
Hero Member
*
Offline Offline

Posts: 1715114306

View Profile Personal Message (Offline)

Ignore
1715114306
Reply with quote  #2

1715114306
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
legendster
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 764


www.V.systems


View Profile
December 30, 2015, 10:45:50 PM
 #2

We have a new e-commerce that most sellers are from India. They only receive bitcoin as payment. May we know how can they  exchange their bitcoin to fiat so we can give them step by step instructions? thank you
They can either use Coinsecure.in or Unocoin.com
They are the most popular exchanges that support Bitcoin to Fiat conversion. You can also reach out to the people behind either of these entities to make the process somewhat semi or fully automated with minimal risk.


   ██████████        ████████████
     ██████████        ██████████
       ██████████        ████████
         ██████████        ██████
           ██████████        ████
             ██████████        ██
               ██████████
                 ██████████
                   ████████
                     ██████
                       ████
                        ██
|
     ▄▀▀▀▀▀▀▀▀▀█                 ▄▀▀▀▀▀▀▀▀▀█
 ▄▀                ▄▀█             ▄▀                ▄▀█
 ██████████    █             ██████████    █
 █                █                   █                █    █
 █                █     ▀▀▀▀▀▀▀█                █    █
 █                █  ▄▀             █                █  ▄▀
 ██████████▀                 ██████████▀
          █                                    █
          █                                    █
     ▄▀ █  ▀▀▀▀█                   ▄▀ █ ▀▀▀▀▀▀█
 ▄▀             ▄▀█               ▄▀               ▄▀ █
 █████████   █               ██████████    █
 █              █   █               █                █    █
 █              █   █               █                █    █
 █              █  ▄▀▀▀▀▀▀▀  █                █  ▄▀
 █████████▀                  ██████████▀

Blockchain
Database
                             ▄▄▄
                         ▄▄▀  ▀▄▄
        ▄           ▄▄▀  ▄▀▄  ▀▄▄
      █▄█   █████████████████    █
        █     █                              █ ▄▀ ▌
        █     █        ▄    █   ▄         █▀ ▄▌
       ██    █      ▀▄   █    ▄▀       █▀█
       ▌ ▌   █            █                █  █
       ▌ ▌   █                              █  █
       ██    ███████████████████
                     ▀▀▄  ▀▄▀  ▄▀▀
                         ▀▀▄  ▄▀▀
                             ▀▀▀
Dev friendly
SDK Platform
                             ▄▄▄▄
                         ▄▄█    █▄▄
                     ▄▄█            █▄▄
                 ▄▄█       ▄▄▄       █▄▄
                 █       ▄▀      ▀▄       █
               █▀     █      █      █     ▀█
               ▀▀█  █   ▄█▀█▄   █  █▀▀
               █▀▀   █  ▀███▀  █   ▀▀█
               ▀▀█     █    █    █     █▀▀
                   ▀▀█   █  █  █   █▀▀
                       ▀████████▀
                           █▄▄▄▄█
                 █        █▄▄▄▄█      █
             ▄▀ █▄                   ▄█  ▀▄
            █   █▀▄         ▀      ▄▀█    █
           █   █  █  ▌      ▀   ▐  █  █    █
           █   █▄▀▄▌      ▀   ▐▄▀▄█    █
           █       █          ▀        █       █
        █▀▀▀▀▀▀█                █▀▀▀▀▀▀█
        ▀▀▀▀▀▀▀▀                ▀▀▀▀▀▀▀▀
User-friendly
Token Creation
|
abhishek.g
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
December 30, 2015, 11:00:30 PM
 #3

We have a new e-commerce that most sellers are from India. They only receive bitcoin as payment. May we know how can they  exchange their bitcoin to fiat so we can give them step by step instructions? thank you
They can either use Coinsecure.in or Unocoin.com
They are the most popular exchanges that support Bitcoin to Fiat conversion. You can also reach out to the people behind either of these entities to make the process somewhat semi or fully automated with minimal risk.

I appreciate this information but I wanted to know which one charges least as service fee .
indbitcoin (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
December 30, 2015, 11:04:35 PM
 #4

Thank you.  Smiley I've read these  news http://www.dnaindia.com/india/report-first-time-in-the-country-ed-raids-a-bitcoin-seller-in-ahmedabad-1941187
http://www.coindesk.com/indian-authorities-swoop-buysellbitco/

I know those are old news but i wanna know if it is already legal now? I just wanna make sure that our sellers wont get any problem. Will they still have their privacy? I hope you don't mind. How would i know that those exchanges are legit? I've got interested with unocoin.com because of their merchant gateway, just worrying of the privacy of my sellers if ever i use them as payment gateway and not just use by our sellers as exchange. Everyone wants their privacy.


 Thank you
legendster
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 764


www.V.systems


View Profile
December 31, 2015, 06:30:55 AM
 #5

Thank you.  Smiley I've read these  news http://www.dnaindia.com/india/report-first-time-in-the-country-ed-raids-a-bitcoin-seller-in-ahmedabad-1941187
http://www.coindesk.com/indian-authorities-swoop-buysellbitco/

I know those are old news but i wanna know if it is already legal now? I just wanna make sure that our sellers wont get any problem. Will they still have their privacy? I hope you don't mind. How would i know that those exchanges are legit? I've got interested with unocoin.com because of their merchant gateway, just worrying of the privacy of my sellers if ever i use them as payment gateway and not just use by our sellers as exchange. Everyone wants their privacy.


 Thank you

In terms of service both provide smooth UI design but Coinsecure is still buggy. That is my opinion as an user of the site.

However, in terms of service fees Coinsecure beats Uno at any given day.
Example, at Uno, current sell price of 1 BTC = 25937INR and on top of that they'll charge 259+38 as service fee and tax.
While you can easily get 28000 per BTC at Coinsecure and they charge 0.3% of the sale value.

The prices at Uno are controlled by the people running Uno while prices at Coinsecure are controlled by a free trading live market.


   ██████████        ████████████
     ██████████        ██████████
       ██████████        ████████
         ██████████        ██████
           ██████████        ████
             ██████████        ██
               ██████████
                 ██████████
                   ████████
                     ██████
                       ████
                        ██
|
     ▄▀▀▀▀▀▀▀▀▀█                 ▄▀▀▀▀▀▀▀▀▀█
 ▄▀                ▄▀█             ▄▀                ▄▀█
 ██████████    █             ██████████    █
 █                █                   █                █    █
 █                █     ▀▀▀▀▀▀▀█                █    █
 █                █  ▄▀             █                █  ▄▀
 ██████████▀                 ██████████▀
          █                                    █
          █                                    █
     ▄▀ █  ▀▀▀▀█                   ▄▀ █ ▀▀▀▀▀▀█
 ▄▀             ▄▀█               ▄▀               ▄▀ █
 █████████   █               ██████████    █
 █              █   █               █                █    █
 █              █   █               █                █    █
 █              █  ▄▀▀▀▀▀▀▀  █                █  ▄▀
 █████████▀                  ██████████▀

Blockchain
Database
                             ▄▄▄
                         ▄▄▀  ▀▄▄
        ▄           ▄▄▀  ▄▀▄  ▀▄▄
      █▄█   █████████████████    █
        █     █                              █ ▄▀ ▌
        █     █        ▄    █   ▄         █▀ ▄▌
       ██    █      ▀▄   █    ▄▀       █▀█
       ▌ ▌   █            █                █  █
       ▌ ▌   █                              █  █
       ██    ███████████████████
                     ▀▀▄  ▀▄▀  ▄▀▀
                         ▀▀▄  ▄▀▀
                             ▀▀▀
Dev friendly
SDK Platform
                             ▄▄▄▄
                         ▄▄█    █▄▄
                     ▄▄█            █▄▄
                 ▄▄█       ▄▄▄       █▄▄
                 █       ▄▀      ▀▄       █
               █▀     █      █      █     ▀█
               ▀▀█  █   ▄█▀█▄   █  █▀▀
               █▀▀   █  ▀███▀  █   ▀▀█
               ▀▀█     █    █    █     █▀▀
                   ▀▀█   █  █  █   █▀▀
                       ▀████████▀
                           █▄▄▄▄█
                 █        █▄▄▄▄█      █
             ▄▀ █▄                   ▄█  ▀▄
            █   █▀▄         ▀      ▄▀█    █
           █   █  █  ▌      ▀   ▐  █  █    █
           █   █▄▀▄▌      ▀   ▐▄▀▄█    █
           █       █          ▀        █       █
        █▀▀▀▀▀▀█                █▀▀▀▀▀▀█
        ▀▀▀▀▀▀▀▀                ▀▀▀▀▀▀▀▀
User-friendly
Token Creation
|
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!