BuySellBitco.in - Feedback thread

[buysellbitcoin]

Dear users,

Thanks for all your love and support for buysellbitco.in. We have managed to sell bitcoins to over 80 customers in last 2 months. Please feel free to leave your feedback here.

Edit : 26-Apr-2013
Buy Bitcoins :
Stock available now.


Sell Bitcoins to us :

Now you can sell your coins to us with next business day payment surety.

Dear Bitcoiners,

Sell your Bitcoins to BuysellBitco.in for INR. Convert your bitcoins to INR instant and fast. Get cash in your bank account in 1 business day.

Steps :
1. Contact us at buysellbitcoin@gmail.com for your sales inquiry. Please mention number of bitcoins you want to sell.
2. Rate will be always MtGox 24 Hr Avg BTC-USD , Xomm USD - INR conversion rate.

So for example, if you want to sale 5 Bitcoins, MtGox BTC USD 24 Hr Avg is 88.50 USD and Xoom USD/INR rate https://www.xoom.com/india is 53.57, we will pay you 5 * 88.50 * 53.13 = 23510.25 INR in your bank account

3. If the payout amount is higher than 20,000 INR, you will need to send us copy of your PAN card.

Cheers,
Buy Sell Bitcoin Team

If you have any question or concerns, please feel free to contact us at buysellbitcoin@gmail.com

[apurvslam]

My experience and transaction with you was excellent  .Very helpful and timely in response. Received the bitcoins  within minutes after i made the deposit.would definitely recommend the site .looking forward to many more transactions..

[NilamDoc]

As usual, when you transact with buysellbitco.in you rest assured about the price and delivery.

I personally meet them regularly for developments and this will be the main source for a secure transaction. You can also go with localbitcoins.com and rbitco.in

[drdanishkhan]

i am really confused at how the exact amount in INR is calculated per bitcoin.. i know its converted to USD then avg BTC @ mtgox.. what are your processing fees??? 

[Benson Samuel]

Looks like a 10% markup? Is that correct buysellbitco.in?

[buysellbitcoin]

i am really confused at how the exact amount in INR is calculated per bitcoin.. i know its converted to USD then avg BTC @ mtgox.. what are your processing fees???  

Hi drdanishkhan

Yes it is around 10%. For normal calculation you can always consider this as good base margin. But the calculation considers lots of other factors too.

For example you can not take MtGox Last as your selling base price as the last price can be of trade for 0.1 BTC too. You need to always take MtGox order book ask side for at least 100 BTC volume and get the avg price for that.

Also there are lot of other factors we need to include like exchange fees, our currency conversion charges, risk factors, our expenses, our margin, taxes, market trend ( At the moment if you will see carefully selling bitcoins over the counter is less profitable than just hoarding them. ) So if you think we are making straight 10% than its a bit over estimate

Cheers

[drdanishkhan]

Okay thank you for the info.
I also wish to know that if i use the wallet address of mtgox then the coins i buy will be transferred directly to my mtgox account??

[buysellbitcoin]

Okay thank you for the info.
I also wish to know that if i use the wallet address of mtgox then the coins i buy will be transferred directly to my mtgox account??

Yes.

Cheers

[drdanishkhan]

Thaaank you so much.. i really hope the site gets stocked up soon.. cant wait to start bitcoining

[StLucifer]

I have already made 2 or 3 purchases from buysellbitco.in and i must say they were the most flawless ones. I had the funds in my wallet before i even got the chance to send out a photo of the deposit slip..

Sadly, they're out of stock for now..... Seems like the demand is pretty high in India...

Are yo guys 100 % sure you will be restocking on the 10th?

[buysellbitcoin]

I have already made 2 or 3 purchases from buysellbitco.in and i must say they were the most flawless ones. I had the funds in my wallet before i even got the chance to send out a photo of the deposit slip..

Sadly, they're out of stock for now..... Seems like the demand is pretty high in India...

Are yo guys 100 % sure you will be restocking on the 10th?

Hi StLucifer,

Thanks for kind words

Most probably we will have the stock before 10th, but its always better to under promise than over promise.

Cheers

[tryingtobeperfect]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

[StLucifer]

Awesome!!!
I have the cash ready!
Just say the word, and its all yours!!!
 

[tryingtobeperfect]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

@all, my transaction was complete and I am very happy to deal with BuySellBitco.in. I suggest BuySellBitco.in to everyone here:)

[tryingtobeperfect]

Awesome!!!
I have the cash ready!
Just say the word, and its all yours!!!
 

Where are you from?

[StLucifer]

Awesome!!!
I have the cash ready!
Just say the word, and its all yours!!!
 

Where are you from?

bombay

[dishwara]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

@all, my transaction was complete and I am very happy to deal with BuySellBitco.in. I suggest BuySellBitco.in to everyone here:)

tryingtobeperfect CAN able to buy bitcoins from buysellbitco.in today, while stlucifer CAN'T, coz out of stock.
out of stock to some persons & not to others?

[buysellbitcoin]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

@all, my transaction was complete and I am very happy to deal with BuySellBitco.in. I suggest BuySellBitco.in to everyone here:)

tryingtobeperfect CAN able to buy bitcoins from buysellbitco.in today, while stlucifer CAN'T, coz out of stock.
out of stock to some persons & not to others?

Hi dishwara,

Actually tryingtobeperfect has sold coins to us. stlucifer wants to buy coins but we will re-open for buying on 10th.

Cheers

[dishwara]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

@all, my transaction was complete and I am very happy to deal with BuySellBitco.in. I suggest BuySellBitco.in to everyone here:)

tryingtobeperfect CAN able to buy bitcoins from buysellbitco.in today, while stlucifer CAN'T, coz out of stock.
out of stock to some persons & not to others?

Hi dishwara,

Actually tryingtobeperfect has sold coins to us. stlucifer wants to buy coins but we will re-open for buying on 10th.

Cheers

yes, sorry. I didn't read his other posts.

[buysellbitcoin]

I am doing my first bitcoin trade. I am excited. Thank you BuySellBitco.in for prompt and quick responses. Hope everything goes well:)

@all, my transaction was complete and I am very happy to deal with BuySellBitco.in. I suggest BuySellBitco.in to everyone here:)

tryingtobeperfect CAN able to buy bitcoins from buysellbitco.in today, while stlucifer CAN'T, coz out of stock.
out of stock to some persons & not to others?

Hi dishwara,

Actually tryingtobeperfect has sold coins to us. stlucifer wants to buy coins but we will re-open for buying on 10th.

Cheers

yes, sorry. I didn't read his other posts.

No worries

Cheers