tenakha (OP)
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December 24, 2012, 11:15:05 AM |
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Hi,
just wanted to advise - I have successfully traded with a gentleman based in India. I bought BTC from him and was able to make payment to him via MoneyGram. I sent pounds GBP - which were converted to INR. He was very easily able to receive the money in Dehli. I bought the BTC at a discount and he kindly paid the transfer fee also - which was only 9.95 GBP.
I am very much looking forward to buying more BTC from Indian bitcoiners.
Thanks.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Herodes
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December 24, 2012, 11:24:14 AM |
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Good story.
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Benson Samuel
Legendary
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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December 25, 2012, 07:39:17 AM |
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Very nice tenakha.
would be nice to do an article on this.
lemme know if you are up for it.
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Herodes
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December 26, 2012, 10:59:16 AM |
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India is quite big in regards to IT. And as I understand it, lot's of work is outsources to India. What about using bitcoins more, what about a bitcoin exchange there ?
What is the current status?
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tenakha (OP)
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December 26, 2012, 09:31:22 PM |
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Hi Benson Samuel,
absolutely would love to do an article on this. The more exposure we give Bitcoin in India/UK and indeed the whole world the better.
I have PM'd you my contact email so we can discuss further.
I look forward to hearing from you soon.
Best regards Tenakha
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tenakha (OP)
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December 26, 2012, 09:35:43 PM |
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Herodes,
I believe it is only a matter of time before an exchange is set up in India for Bitcoin trading.
Right now people like myself are providing/creating some liquidity for India by buying / selling to/from Indian bitcoiners, but out of necessity we have to charge a larger spread and also cover fees from WU / MoneyGram etc.
If there was an Indian exchange system then bitcoiners in India could trade directly. I do believe there is scope for a localbitcoins kind of service in India - I do see that the profile of Bitcoin has been rising steadily in the past 4/5 months (which is also the time of my personal involvement in Bitcoin).
India Bitcoin ke liye tayyaar hai. :-)
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malevolent
can into space
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December 26, 2012, 09:44:27 PM |
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I believe it is only a matter of time before an exchange is set up in India for Bitcoin trading.
I think there was one last year, as of now I see one exchange dealing with INR-BTC: http://www.ecurrencyzone.net/Haven't used them myself though.
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Signature space available for rent.
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Benson Samuel
Legendary
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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December 27, 2012, 05:54:57 AM |
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Ripple seems to allow INR - BTC/XRP.
It's in a closed beta for now, but this seems to be the best thing for an Indian exchange so far.
Quite a few will be announced in the 1st half of 2013.
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legendster
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April 19, 2013, 05:40:25 PM |
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India is quite big in regards to IT. And as I understand it, lot's of work is outsources to India. What about using bitcoins more, what about a bitcoin exchange there ?
What is the current status?
Working on it.
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Benson Samuel
Legendary
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Landscaping Bitcoin for India!
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April 19, 2013, 06:02:06 PM |
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BTC-BTC markets are all open in India.
Work is underway, getting an INR market involved.
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