Belfrics.in - Review

[bitcoinisbest]

Hi All,

Bychance anybody knows or have any experience about the site Belfrics.in . They are now in India as per their site and existing @ multiple counties. Their Bid is @ 60500 & Ask @ 61840 which is 3-4k less then Indian markets. Let us know the review about the site.

[1715576840]

1715576840

[1715576840]

1715576840

[1715576840]

1715576840

[1715576840]

1715576840

[1715576840]

1715576840

[polynesia]

Hi All,

Bychance anybody knows or have any experience about the site Belfrics.in . They are now in India as per their site and existing @ multiple counties. Their Bid is @ 60500 & Ask @ 61840 which is 3-4k less then Indian markets. Let us know the review about the site.

If that is true, then nobody will go to them to sell any bitcoins.
There seems to be a clear arbitrage opportunity here. I wonder how long before professional traders start taking advantage of it.

[nizamcc]

Hi All,

Bychance anybody knows or have any experience about the site Belfrics.in . They are now in India as per their site and existing @ multiple counties. Their Bid is @ 60500 & Ask @ 61840 which is 3-4k less then Indian markets. Let us know the review about the site.

I have not used them till date, but a person in that Bitcoin-India's WhatsApp group uses them and he said that the transactions were smooth and he never faced any issues with them since they came into existence through their Indian portal. They are trading with these prices because they are International and didn't make this site for India alone, that's why there is such a difference. But still, you will face a 1% transaction fee which will make your cost near INR 62458.4 (61840 + 618.40), so still not much difference.

[bitcoinisbest]

Seems no body knows about this site in terms of genuineness and also seeing its order book. Not much order. Well probably the promoter buy/sell order itself may be placed on them 

If any one hears anything about it let us know.