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Author Topic: Indian Bitcoin Exchanges - Trader Review  (Read 830 times)
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ramkumar
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February 26, 2017, 07:03:33 AM
Last edit: February 26, 2017, 07:32:29 AM by ramkumar
 #1

Hi,

I am Looking for Indian (or) INR accepted exchange who can accept deposits under 30 mins to 1 hr (max) & also should process withdrawal in 1 hr to 3 hrs.

My real time experience with indian bitcoin exchanges.

Coinsecure.in:

Pros:

Great platform & lowest fees.

Huge Volumes.

Cons:

No Live Support, All mentioned Phone numbers not worked all the times.

Frequent Hiccup on their server and Updating their Engine when price up & down. It's very hard to buy / sell like flipkart's flash sale during the time.

Deposit confirmation may take 24 hrs to 48 hrs. Not good if you are in Trading platform. Your money will stuck with them for little period.

There is No Status Notification like Team is on vacation, Leave, bank holiday etc., Again you have to sit for long period if you Deposit / Withdrawl.

Coinsecure APP is not working most of the times. Poorly built.


BTCXIndia.com


Pros:

Simple Interface to buy & sell.

Live Chat available and solved the problems rightaway

Status Notification available, It's easy to understand their status of availability. so you can move to next if they are unavailable.

Deposit is quick, You can request via CHAT for immediate desposit.

Cons:

Higher fees

Deposit limitation of 2 Lac / Day.

Low volume


Zebpay:

Pros:

Well known company

Navigation is easy with their APP.

Cons:

Highest fees

Mobile restricted.

Low volume


Hope every company will concentrate on their cons and provide prominent service for their customers.

PM me if you know anyother bitcoin exchange working good.

I will keep update this thread frequently.

Note:
In order to edit this thread, i am making this thread as self-moderated.




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February 26, 2017, 08:00:30 AM
 #2

Till recent past Coinsecure was the best but after the sudden spurge in volume which they were unable to handle as resulted in the site going down, under maintenance , not able to get quick withdrawals etc.

Hope this all issues are resolved by now and they are back to the normal.

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February 28, 2017, 01:20:25 PM
 #3

Coinsecure is by far the best i have experienced and unocoin is not bad either. But you get the best price in coinsecure and both the customer care numbers are available and when ever it tried i did not find any issues connecting them and solving the issues.
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March 09, 2017, 07:44:49 AM
 #4


Cons:

Highest fees

Mobile restricted.

Low volume


Hi,

Really appreciate your time to evaluate bitcoin exchange platforms in India and thanks for sharing your concerns about Zebpay.

I will try to answer few concerns
Highest fees
- We do not charge any separate fees. Our fees are included in spread. We have to understand that we offer same published spot rate for amounts up to 10 lacs INR, which is apprx 11 BTC at the moment. If you will try to buy same amount from any exchange it will cost you a lot more then last trade rate or current ask rate. Also you never need to wait fro other sellers to wait as we are taking care of liquidity.

Mobile restricted
- We have intentionally focused on mobile first as we believe it is better suitable for our business model and wallet. Adding web version will open another platform for us to support which requires lot of efforts to make it secure and scalable. We would rather concentrate on current platforms and scale our back end operations. But we understand this concern and it is on our road map.

Low volume
https://exchangewar.info/coinprice?btc_inr

Honestly, we are lagging a lot on customer support due to huge number of users we got in last few months ( 500k at the moment ) and we are working really hard to improve that.

Regards
Mahin
Zebpay


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Transaction processing within one working day and best bitcoin rates | Recharge airtime & buy vouchers of Amazon, Flipkart, Domino's at great discounts
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