smario (OP)
Newbie
Offline
Activity: 34
Merit: 0
|
|
January 12, 2017, 08:52:01 AM |
|
Do people In India use bitcoin? Is It Legal There ??
|
|
|
|
noictib
|
|
January 12, 2017, 09:05:03 AM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#new
|
|
|
|
smario (OP)
Newbie
Offline
Activity: 34
Merit: 0
|
|
January 12, 2017, 09:22:29 AM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#newOh..but which companies are accepting bitcoins as payments ??
|
|
|
|
bitcoinisbest
|
|
January 12, 2017, 10:58:59 AM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#newWhich whats app group are you talking about and how many member are part of this group. Also are you referring to group started by some Alpesh who were was not able to answer the query raised to their group? Also do you use it for live trading purpose or for information purpose?
|
|
|
|
MrMerchant
Member
Offline
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
|
|
January 12, 2017, 03:10:35 PM |
|
I would also like to know who are these people in your whatsapp group that are paying taxes, I havent met such traders as yet in the Indian Economy.
|
The Corridor To A Digital Economy PocketBits is India's De Facto 24/7 Platform To Buy/Sell Bitcoins And Other Cryptocurrencies in Minutes! www.pocketbits.in
|
|
|
nizamcc
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
January 12, 2017, 06:39:46 PM |
|
After demonetization, the usage of bitcoins in India has reached a completely different level and more and more people are joining hands in starting to accept this new currency. About the legality, I think that there is nothing yet mentioned either by Government or Banking Officials except RBI's warning to trade this cryptocurrency with extreme caution due to high volatility.
|
|
|
|
rajasumi2
|
|
January 16, 2017, 03:21:20 AM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#newOh..but which companies are accepting bitcoins as payments ?? the best company that accept bitcoins is zebapy.u can download the app through the playstore and give the details like pan card and bank details and after 7 working days ,you r account will verified and you can cash out ur bitcoins very quickly.
|
|
|
|
dgarg
|
|
January 16, 2017, 06:41:55 AM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#newOh..but which companies are accepting bitcoins as payments ?? the best company that accept bitcoins is zebapy.u can download the app through the playstore and give the details like pan card and bank details and after 7 working days ,you r account will verified and you can cash out ur bitcoins very quickly. both zebpay and unocoin are the best company that are accepting bitcoin. but when you sell your bitcoin i think unocoin is giving good price as compare to zebpay. but zebpay have more features like mobile recharge etc but i recommend unocoin for trading
|
|
|
|
bitcoinisbest
|
|
January 16, 2017, 06:46:27 AM |
|
Zebpay is the quick and fastest among the rest. Also Coinsecure is good but only thing is that one is exchange and other is not. While Zebpay also has the recharge feature and when it comes to withdrawal Coinsecure is the fastest and also on Saturday you can withdraw.
|
|
|
|
smario (OP)
Newbie
Offline
Activity: 34
Merit: 0
|
|
January 16, 2017, 09:26:20 AM |
|
any sites other than Zebpay ??
|
|
|
|
bitcoinisbest
|
|
January 16, 2017, 10:38:42 AM |
|
any sites other than Zebpay ??
Yes you can use Coinsecure or Unocoin. But withdrawal at Coinsecure is the best. You will get instant withdrawals many times. While that is not the case with Unocoin. Also do you want to buy/sell the btc?
|
|
|
|
lordquanta
|
|
January 16, 2017, 01:27:44 PM |
|
Bitcoin use as currency is very less in India. Hardly any company accepting bitcoin. Currently bitcoin is in the introduction phase in India. And it is being introduced as investment tool/commodity thus focus of many is to purchase and keep it. Overall awareness is slowly increasing mainly because 1000$ mark. Many coming in with herd mentality thanks to the media coverage, while other getting introduced via some cloud mining scam.
Most of bitcoin users I know are purchase and keep them for long time (till it hits some million/zillion dollar mark).
|
|
|
|
nizamcc
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
January 19, 2017, 07:18:54 PM |
|
any sites other than Zebpay ??
You can use localbitcoins for better experience if you are not satisfied with these exchanges, because you will be able to transact your coins for different available rates and you may get prices even higher than Zebpay sometimes. At these exchanges, you will need to wait for your money to be funded and the waiting time is 24 hours (depending on when you withdraw), while at localbitcoins, users send the funds instantly through IMPS, or 3-4 hours if NEFT is being done.
|
|
|
|
DDS1
Newbie
Offline
Activity: 16
Merit: 0
|
|
January 22, 2017, 05:19:06 PM |
|
Yes I agree with Because Indian people earn in bitcoin & I see indian people interested in bitcoin.
|
|
|
|
btcdevil
Legendary
Offline
Activity: 1302
Merit: 1027
|
|
January 24, 2017, 04:28:30 PM |
|
any sites other than Zebpay ??
You can use localbitcoins for better experience if you are not satisfied with these exchanges, because you will be able to transact your coins for different available rates and you may get prices even higher than Zebpay sometimes. At these exchanges, you will need to wait for your money to be funded and the waiting time is 24 hours (depending on when you withdraw), while at localbitcoins, users send the funds instantly through IMPS, or 3-4 hours if NEFT is being done. Even in Localbitcoin you dont have to give your personal details for trading but some time the rates are very different (in the sense rates are too much gap in buying and selling comparing to other exchanges) but other exchanges you have to give your personal details after that you can trade
|
|
|
|
bitcoinisbest
|
|
January 24, 2017, 05:33:35 PM |
|
any sites other than Zebpay ??
You can use localbitcoins for better experience if you are not satisfied with these exchanges, because you will be able to transact your coins for different available rates and you may get prices even higher than Zebpay sometimes. At these exchanges, you will need to wait for your money to be funded and the waiting time is 24 hours (depending on when you withdraw), while at localbitcoins, users send the funds instantly through IMPS, or 3-4 hours if NEFT is being done. Even in Localbitcoin you dont have to give your personal details for trading but some time the rates are very different (in the sense rates are too much gap in buying and selling comparing to other exchanges) but other exchanges you have to give your personal details after that you can trade In localbitocin you will have to give personal identification details at the time of registering. After their verification only you will be able to trade on localbitcoin. Yes while buying/selling also you may have to show the verification proof as many have those requirement in their trade conditions.
|
|
|
|
DomainMagnate
|
|
January 25, 2017, 08:44:42 PM |
|
any sites other than Zebpay ??
Yes you can use Coinsecure or Unocoin. But withdrawal at Coinsecure is the best. You will get instant withdrawals many times. While that is not the case with Unocoin. Also do you want to buy/sell the btc? You can withdraw and deposit at Zebpay also instantly on any working day.Zebpay is available only on mobile devices and that is the only disadvantage of Zebpay.I hope they have a full website also or some similar app for Windows pc so that it can be accessed from both.
|
|
|
|
Forbiddenone
|
|
February 03, 2017, 03:28:05 AM |
|
any sites other than Zebpay ??
Yes you can use Coinsecure or Unocoin. But withdrawal at Coinsecure is the best. You will get instant withdrawals many times. While that is not the case with Unocoin. Also do you want to buy/sell the btc? You can withdraw and deposit at Zebpay also instantly on any working day.Zebpay is available only on mobile devices and that is the only disadvantage of Zebpay.I hope they have a full website also or some similar app for Windows pc so that it can be accessed from both. In india ,majority of people use phone more than desktop or laptop.i would say mostly all prefer using phone .so thats why zebpay has launched its app rather coming to desktop version.
|
|
|
|
lordquanta
|
|
February 13, 2017, 08:12:27 AM |
|
any sites other than Zebpay ??
Coinsecure is good option. Recently they have launched payment gateway [1] as well. you should check that option. Apart from these there is not much adaption of bitcoin in day to day life. People are purchasing bitcoins for investment purpose or some for trading. [1] https://bitcointalk.org/index.php?topic=1529470.0
|
|
|
|
sedrick
Member
Offline
Activity: 101
Merit: 10
|
|
February 16, 2017, 02:29:55 PM |
|
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian . I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) . But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin . I explained about it here >> https://bitcointalk.org/index.php?topic=1739347.new#newOh..but which companies are accepting bitcoins as payments ?? the best company that accept bitcoins is zebapy.u can download the app through the playstore and give the details like pan card and bank details and after 7 working days ,you r account will verified and you can cash out ur bitcoins very quickly. Is Zebapy really exchanges BTC in india? as i do not see many of my friends using this. Most of my friends use Coinbase wallet to exchanges their BTC. I have not yet started to use the wallet as i have not joined in any campaign.
|
|
|
|
|