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Author Topic: How to create a bitcoin wallet for Indians ?  (Read 1145 times)
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June 27, 2017, 10:24:34 PM
 #1

I am curious to know all about how to make bitcoin wallet and Run a small business in India.
Are there any government restrictions .
I want to know like
Risk
Employment
Skills
Cost....
And much more
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June 27, 2017, 11:19:55 PM
 #2

As long as u dont touch FIAT, there is no restriction.

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June 28, 2017, 05:25:54 AM
 #3

I didn't get it
@prashant
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June 28, 2017, 01:25:59 PM
 #4

sorry,i am not getting your question.do you want to create a separate bitcoin wallet just like blockchain wallet,bitpay,bitgo,etc or you want to create wallet in bitcoin wallet sites to initiate your business with it.if you are thinking of creating a separate wallet then you should have understanding of c++ ,web (API stuff)and mainly blockchain. there is no risk as it is decentralised but do not opt for buy and sell option as it require KYC stuff now,it can create problem in future.
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June 28, 2017, 04:27:56 PM
 #5

I didn't get it

You can use Bitcoin as a payment gateway in your business. The procedure is simple. If you know how to trade, by trade I mean when to sell and when to buy then make an account in Zebpay or coinsecure and complete the verification process. Give that address to your customers and get the payment. Sell whenever you want. If you want to hold for a long time then use electrum or mycelium wallet.

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July 08, 2017, 06:26:27 AM
 #6

sorry,i am not getting your question.do you want to create a separate bitcoin wallet just like blockchain wallet,bitpay,bitgo,etc or you want to create wallet in bitcoin wallet sites to initiate your business with it.if you are thinking of creating a separate wallet then you should have understanding of c++ ,web (API stuff)and mainly blockchain. there is no risk as it is decentralised but do not opt for buy and sell option as it require KYC stuff now,it can create problem in future.
Thanks Prashant I want to make wallet like Zebpay and similar what will be the cost for it
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July 08, 2017, 01:03:15 PM
 #7

sorry,i am not getting your question.do you want to create a separate bitcoin wallet just like blockchain wallet,bitpay,bitgo,etc or you want to create wallet in bitcoin wallet sites to initiate your business with it.if you are thinking of creating a separate wallet then you should have understanding of c++ ,web (API stuff)and mainly blockchain. there is no risk as it is decentralised but do not opt for buy and sell option as it require KYC stuff now,it can create problem in future.
Thanks Prashant I want to make wallet like Zebpay and similar what will be the cost for it
3 years of 3 entrepreneur.

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July 24, 2017, 01:55:06 PM
 #8

why just indians bro? that is irrelevant. and you cant earn good enough from just making profits.
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July 27, 2017, 02:23:39 PM
 #9

creating a bitcoin wallet is like inviting trouble apart from that i agree with OP that you wont be making a huge profit to sustain longer
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August 10, 2017, 02:39:41 PM
 #10

Even if they stole your password for this site, that same password probably works on several other websites and since you're in the Bitcoin area, then a hacker or scammer has a really good idea of about 20 other sites specific to bitcoin that you might be going to.

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August 11, 2017, 04:50:36 AM
 #11

If you want to make your own wallet it would be kinda hard to gain trust of users since your site will be new and there are already pretty trusted established sites around, if you want to make BTC as a mode of payment for your business you can check this out https://en.bitcoin.it/wiki/List_of_payment_systems gl with your project.

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