100bit.co.in - Direct trading exchange - 0.1% fee - Alt coins supported

[100bitcoin]

Happy New Year bitcoiners

A lot of things have taken place at our end in last few months. We did not expect it will take so much time, but we are happy to say, that at last we are close to launch. OP is updated with the latest info. Expecting support from the community...

www.100bit.co.in

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[1715670107]

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[RocketSingh]

Happy New Year bitcoiners

A lot of things have taken place at our end in last few months. We did not expect it will take so much time, but we are happy to say, that at last we are close to launch. OP is updated with the latest info. Expecting support from the community...

www.100bit.co.in

Nice to see that you are still at work. Very few projects I have seen in BitcoinTalk that they announced months ago and ultimately delivered the end product. Probably Trezor was the longest running in this category, it took around 2 years to deliver after the announcement.

[Victor Beckham]

Happy New Year bitcoiners

A lot of things have taken place at our end in last few months. We did not expect it will take so much time, but we are happy to say, that at last we are close to launch. OP is updated with the latest info. Expecting support from the community...

www.100bit.co.in

Seems this is going to be the first exchange offering direct trade of alt coins. Till date localbitcoins and a few others were offering it for bitcoin only. Will be looking forward for the launch...

[Gleb Gamow]

Global brands those are accepting bitcoin...

Not tryin' to be a Grammar Nazi, bud, but change "those" to "that". Or, better yet: Global brands currently accepting bitcoin... (and please don't ask me how brands are able to accept anything being that in essence they are inanimate objects  )

[Gleb Gamow]

Registrant Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

Administrative Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

Technical Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

I also suggest either obfuscate the info or supply actual data (doesn't mater which), for the above doesn't cut it.

[Nagle]

Another scumbag/flake exchange. Do not need. Do not want.

[100bitcoin]

Global brands those are accepting bitcoin...

Not tryin' to be a Grammar Nazi, bud, but change "those" to "that". Or, better yet: Global brands currently accepting bitcoin... (and please don't ask me how brands are able to accept anything being that in essence they are inanimate objects  )

Done... thanx for pointing out

Registrant Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

Administrative Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

Technical Contact Information:
    Name: Hundred Bitcoin
    Address 1: Coin Land
    City: City of Coin
    State: GA
    Zip: 400001
    Country: IN
    Phone: +91.9999999999
    Email: Email Masking Image@100bit.co.in

I also suggest either obfuscate the info or supply actual data (doesn't mater which), for the above doesn't cut it.

We actually want to operate under real identity, but planning to come out with some proper media coverage. Current data is just a dump for as long as we are testing...

Another scumbag/flake exchange. Do not need. Do not want.

Criticism is always welcome. But it would have been better if u do some constructive criticism. After so many scams, it is no wonder that people will wary about a new business in bitcoin, but at the same time it is also disheartening to see that you are calling something outright scam that we are working on for almost a year. I'd rather like to know, why do you think it is a scam and what would convince you that it is real ?

[Nagle]

We actually want to operate under real identity, but planning to come out with some proper media coverage. Current data is just a dump for as long as we are testing...

Another scumbag/flake exchange. Do not need. Do not want.

Criticism is always welcome. But it would have been better if u do some constructive criticism. After so many scams, it is no wonder that people will wary about a new business in bitcoin, but at the same time it is also disheartening to see that you are calling something outright scam that we are working on for almost a year. I'd rather like to know, why do you think it is a scam and what would convince you that it is real ?

You lied about your business identity. You got caught. You don't get to handle the money of others.

[flipstyle]

'.co.in'

Seems legit.

[fenican]

Obvious scam. No exchange charges you money to join.

[100bitcoin]

We actually want to operate under real identity, but planning to come out with some proper media coverage. Current data is just a dump for as long as we are testing...

Another scumbag/flake exchange. Do not need. Do not want.

Criticism is always welcome. But it would have been better if u do some constructive criticism. After so many scams, it is no wonder that people will wary about a new business in bitcoin, but at the same time it is also disheartening to see that you are calling something outright scam that we are working on for almost a year. I'd rather like to know, why do you think it is a scam and what would convince you that it is real ?

You lied about your business identity. You got caught. You don't get to handle the money of others.

Where did we lie ? We simply did not put up any personal details. Moreover, we are not yet launched. Check the whois history of bitcoin.org. Do you think Satoshi was lying or he just did not want to put up his personal details ? There are millions of similar example from legitimate companies.

'.co.in'

Seems legit.

Does .co.uk seems illegitimate to u ? According to you www.google.co.in must be a scam as well !!!

Obvious scam. No exchange charges you money to join.

AFAIK, no exchange offers you fixed cost for all amount of trade either.

[100bitcoin]

If you are looking for an early access, please PM us...

[Victor Beckham]

Looks pretty good. A direct exchange for Bitcoin, Alt Coins & FIAT together was indeed needed...

[manselr]

Can you sum up the differences between this and a regular solid exchange like Poloniex? I dont see why I should move my funds to there.

[oblivi]

Can you sum up the differences between this and a regular solid exchange like Poloniex? I dont see why I should move my funds to there.

It says "the exchange allows for direct exchange of BTC and altcoins against fiat directly with users". I don't know if OP means this is an actua lp2p exchange or what.

[100bitcoin]

Can you sum up the differences between this and a regular solid exchange like Poloniex? I dont see why I should move my funds to there.

1. Poloniex is a real-time exchange like Bitstamp, whereas 100bit.co.in is direct trading exchange like LocalBitcoins, though it allows Alt coin trading as well.

2. 100bit.co.in does not require your fund to stay deposited with the site. So, in case of any security breach, there is no chance that your fund will get affected, unless you have a live trade exactly at that time.

3. 100bit.co.in trading fee is same for all volume of trade. It is 0.001 BTC flat for each trade.

4. 100bit.co.in is an invitation only exchange. It requires a referral & 0.01 BTC to join 100bit.co.in. An user earns 0.003 BTC from each referral joining.

[bf4btc]

Can you sum up the differences between this and a regular solid exchange like Poloniex? I dont see why I should move my funds to there.

1. Poloniex is a real-time exchange like Bitstamp, whereas 100bit.co.in is direct trading exchange like LocalBitcoins, though it allows Alt coin trading as well.

2. 100bit.co.in does not require your fund to stay deposited with the site. So, in case of any security breach, there is no chance that your fund will get affected, unless you have a live trade exactly at that time.

3. 100bit.co.in trading fee is same for all volume of trade. It is 0.001 BTC flat for each trade.

4. 100bit.co.in is an invitation only exchange. It requires a referral & 0.01 BTC to join 100bit.co.in. An user earns 0.003 BTC from each referral joining.

Besides the fee and having to refer someone which is odd,, it sounds like you have done a good job with this exchange  if i am honest.

Do you have many people trading now or is it still slow ? I probably should take a look but you put me off with a sign up fee and have to get a referral.

The trading fee suits a big trader won't be surprised if you get some in future if you have not already..

 

[100bitcoin]

Besides the fee and having to refer someone which is odd,, it sounds like you have done a good job with this exchange  if i am honest. 

Thank you...

Do you have many people trading now or is it still slow ? I probably should take a look but you put me off with a sign up fee and have to get a referral.

Honestly, we have very low volume right now as we have sent invitation to very few people as of yet. But, many are asking for invitation to join the platform and hence we have decided to put on a referral publicly very soon...

The trading fee suits a big trader won't be surprised if you get some in future if you have not already..

You guessed it right. There are few big trader on board. But, I am not sure, how many countries they'll cover. We would love to see people from various countries dealing with different currencies & cryptocurrencies...

[Warren Buffet]

Volume does not come overnight. Provide a steady and consistent service. Volume will automatically follow you. LocalBitcoins is the only tall player in the direct trading niche and there are lot to be done in this sector. Try to explore the unexplored zones, e.g. parts of Asia and Africa. GooD Luck

[100bitcoin]

Thank you everyone for showing interest. Now, anyone of you can join www.100bit.co.in using the referral code root. OP is updated as well. Feel free to PM us to report any issue...