Bitcoin Forum
November 28, 2020, 08:18:31 PM *
News: Bitcointalk Community Awards
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Living on Crypto in India — A real life scenario  (Read 142 times)
ricky the ghost
Newbie
*
Offline Offline

Activity: 4
Merit: 4


View Profile
March 30, 2020, 01:42:58 PM
Merited by amishmanish (2), akhjob (1)
 #1

Living on Crypto in India:
https://medium.com/@mridulsingh09/living-on-crypto-in-india-a-real-life-scenario-b3592494bc5a?_branch_match_id=773164146421102411

Bitrefill India Telegram Chat:
https://t.me/bitrefill_India
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606594711
Hero Member
*
Offline Offline

Posts: 1606594711

View Profile Personal Message (Offline)

Ignore
1606594711
Reply with quote  #2

1606594711
Report to moderator
webtricks
Legendary
*
Offline Offline

Activity: 1330
Merit: 1304

🔑 NotYourKeys.org


View Profile WWW
March 30, 2020, 02:16:11 PM
Merited by Heisenberg_Hunter (2)
 #2

Nice to see that we can buy vouchers directly with cryptocurrencies on Bitrefill. I needed Google Play gift card earlier today and bought one from PhonePe. Bad that I didn't know about Bitrefill else it was a perfect chance to try the platform.

It is a well-thought project IMO. Since it is hard to convince big businesses to directly accept Bitcoin payments due to volatility, it is a good way-around by selling gift cards for crypto. I will try buying gift cards once corona situation is over and let's see if everything really goes as smooth as mentioned in article.

I have one suggestion for you, when posting such threads, make sure to add some portion from the article in the thread so that reader can get some idea what the article is about before clicking the external link.

One more thing, are you associated with the project? If yes, then can you tell me is this service exclusive to India or also present for other countries?

madhavsinghrajput
Member
**
Offline Offline

Activity: 63
Merit: 24


View Profile
March 30, 2020, 05:55:20 PM
 #3

Great idea.Indirect way of dealing in bitcoin is actually can be done in many platform such as phonepe itself.We all know the reach of these platform.They can accept BTC to purchase gift cards and they can also use this BTC as reward given to the customers on higher transaction of INR as they give in form of cashback.These move can promote bitcoin.And can be real profit making move to these platforms.There will be more bitcoin liquidity in market as well.
libert19
Full Member
***
Offline Offline

Activity: 1232
Merit: 244


First 100% Liquid Stablecoin Backed by Gold


View Profile WWW
March 31, 2020, 05:10:30 AM
 #4

is this service exclusive to India or also present for other countries?

It's worldwide (some countries are exception like NK), but works in most of countries. You can change country on homepage and also paying via LN gives 2% discount.

avikz
Legendary
*
Offline Offline

Activity: 1820
Merit: 1325



View Profile
March 31, 2020, 05:44:19 AM
 #5


Bitrefill seems very useful. I see a majority of the big brands are available in India. I have bookmarked it and once this lockdown situation is over, I will try the "Barbeque Nation" voucher. I will let people know about my experience here.

Since the crypto ban is lifted in India, I feel, we need a service like Bitpay in India, where people can order a prepaid visa card which can be used in any POS terminal in India. That will really help in adoption.

pawanjain
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 414


Craving to Learn more each day


View Profile
March 31, 2020, 02:41:03 PM
 #6

Seems interesting. I had earlier seen similar website which used to give out amazon and flipkart gift voucher for bitcoin but that was it.
This website though, has a lot of options compared to that one. I don't know if the site is actually genuine or not.
I did a who is lookup and got to know that the site was registered on 2014 and was recently updated.
Also the registrant details are hidden so could not get much from there. If at all the site is genuine, it would make a great site for exchanging bitcoins for such vouchers.

.
.Duelbits.
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀
 ▀▄    ▄▀▀
 ▄▀▀▄▀▀

▀▄▄▄▄▄▄▄▄▄

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█
█  █    █    █  █  █ █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀▀█ █
█   ▄▄▄▄▄▄▄▄▄   █▄▄█▄▀
█▄▄▄█▄▄▄▄▄▄▄█▄▄▄█
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █
█     ▀▄▀     █   ▀▀  █
█             █▄▄▄▄▄▄▄▀
█         ▀▀  █
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▀
.
▄▄▀█████▀▄▄
▄▀▀   █████ ▄▄▀▀▄
███▄  ▄█████▄▀▀▄███
██████▀▀     ▀▀██████
█ ▀▀██▀ ▀▄   ▄▀ ▀██▀▀ █
█    █    ███    █    █
█ ▄▄██▄ ▄▀   ▀▄ ▄██▄▄ █
██████▄▄     ▄▄██████
███▀  ▀█████▀  ▀███
▀▄▄   █████   ▄▄▀
▀▀▄█████▄▀▀
.
█▀▀▀▄             ▄▀▀▀█
█ ▀▄ ▀▄         ▄▀ ▄▀ █
▀▄ ▀▄ ▀▄     ▄▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄  ▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄ ▀ ▄▀
▄ ▀▄ ▀▄ ▀▄  ▄
█ ▀▄ ▀▄ ▀  ▄▀ █
▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄
▄▀▄▀  ▄▀▄▄█ █▄▄▀▄  ▀▄▀▄
▀▄  ▄▀           ▀▄  ▄▀
▀▄▄▀           ▀▄▄▀
[.
.Play Now.
]
erikalui
Legendary
*
Offline Offline

Activity: 2198
Merit: 1094



View Profile WWW
March 31, 2020, 03:05:31 PM
 #7

They are taking 4% more than the price for vouchers. Checked the price of buying a 5000 voucher and noticed I had to pay Rs. 5200 for the same. It's obvious this would happen as they take into account volatility too but it ends up being too expensive.
webtricks
Legendary
*
Offline Offline

Activity: 1330
Merit: 1304

🔑 NotYourKeys.org


View Profile WWW
March 31, 2020, 04:34:56 PM
 #8

They are taking 4% more than the price for vouchers. Checked the price of buying a 5000 voucher and noticed I had to pay Rs. 5200 for the same. It's obvious this would happen as they take into account volatility too but it ends up being too expensive.

Are you sure? I checked mobile recharge coupon yesterday and charges were 1.9% on top of fiat value which I think is acceptable since withdrawing money to bank via WazirX and other modes cost almost same or more than that.

Also the registrant details are hidden so could not get much from there. If at all the site is genuine, it would make a great site for exchanging bitcoins for such vouchers.

Indeed. This website will be on my radar too. Let's see how good it is once market comes back to normal. If it is genuine site then using bitcoin will become lot easier for petty expenses.

Since the crypto ban is lifted in India, I feel, we need a service like Bitpay in India, where people can order a prepaid visa card which can be used in any POS terminal in India. That will really help in adoption.

That would be such a life saver service. However, I doubt even if a company starts this venture in India, such card will be declined for most of the services. I once used a service that goes by the name of 'Ewire' and generates virtual debit card. However, almost every site where I tried to use that card declined my card. At last I used that card balance to recharge my mobile on Ewire app itself.

is this service exclusive to India or also present for other countries?

It's worldwide (some countries are exception like NK), but works in most of countries. You can change country on homepage and also paying via LN gives 2% discount.

Thanks for looking into that for me.

libert19
Full Member
***
Offline Offline

Activity: 1232
Merit: 244


First 100% Liquid Stablecoin Backed by Gold


View Profile WWW
April 01, 2020, 06:08:00 AM
 #9

They are taking 4% more than the price for vouchers. Checked the price of buying a 5000 voucher and noticed I had to pay Rs. 5200 for the same. It's obvious this would happen as they take into account volatility too but it ends up being too expensive.

It's good for times when you are kinda stuck, also paying via LN gives you 2% discount. This can be nice saving when buying good amount of vouchers.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!