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Author Topic: How to buy anything in India with cryptocurrency?  (Read 291 times)
Bureau
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June 05, 2023, 11:32:01 AM
 #21

Here is our telegram channel: https://t.me/coinsbee

we have much more interaction on twitter: https://twitter.com/coinsbee

you can find a lot of reviews in the internet about us.

If you have any question feel free to contact our support-team at any time. They will assist you.
https://help.coinsbee.com/en/support/home

Do you think a Hindi-Version of Coinsbee make sence?





Hey! Thanks for the reply. I would certainly go through your Twitter handle and yes if there is anything concerning post sale I would contact the support. Yes, Hindi version would be an added advantage. Not everyone in our country is good with English.

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June 06, 2023, 11:15:20 AM
 #22

Ok thx for the hint. We will work on a hindi version for coinsbee.
Also the App Version will follow in the next months.
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June 06, 2023, 01:01:34 PM
 #23

Ok thx for the hint. We will work on a hindi version for coinsbee.
Also the App Version will follow in the next months.

App is a must now days. Although your website is compatible on the mobile phone but on some browser it might not display properly.

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June 08, 2023, 01:24:22 PM
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We are working on a more mobilefriendly version. Release should be soon.  Wink Stay tuned!
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June 09, 2023, 12:44:30 PM
 #25

As of now, Bitrefil seems the most sane ways to make use of our cryptos. I have completely stopped converting my cryptos to cash since that 30% tax was imposed. So as of now, I can't think of any negative point for Bitrefil. It's saving us from huge burdens.

The commission is quite less and the price is quite ok. Especially when considering the taxes, I don't mind paying that extra amount because it's te most economical way of spending your cryptos right now in India.
I don't think it's profitable any more. Especially if you consider the BTC-INR cross rate of India right now. For example, I just saw a 10000₹ gift card on the website is around 0.00531671. If I translate this amount of BTC to INR using WazirX it translates to around 12500₹, the tax saving is 30% but it's on the net gain only which will mean the net amount post tax will be higher than what I am getting on this website.
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June 10, 2023, 10:23:14 AM
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As of now, Bitrefil seems the most sane ways to make use of our cryptos. I have completely stopped converting my cryptos to cash since that 30% tax was imposed. So as of now, I can't think of any negative point for Bitrefil. It's saving us from huge burdens.

The commission is quite less and the price is quite ok. Especially when considering the taxes, I don't mind paying that extra amount because it's te most economical way of spending your cryptos right now in India.
I don't think it's profitable any more. Especially if you consider the BTC-INR cross rate of India right now. For example, I just saw a 10000₹ gift card on the website is around 0.00531671. If I translate this amount of BTC to INR using WazirX it translates to around 12500₹, the tax saving is 30% but it's on the net gain only which will mean the net amount post tax will be higher than what I am getting on this website.

You can check coinsbee.com. There u find better prices for Amazon INR.
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June 10, 2023, 11:14:35 AM
Merited by pakhitheboss (1), Heisenberg_Hunter (1)
 #27

As of now, Bitrefil seems the most sane ways to make use of our cryptos. I have completely stopped converting my cryptos to cash since that 30% tax was imposed. So as of now, I can't think of any negative point for Bitrefil. It's saving us from huge burdens.

The commission is quite less and the price is quite ok. Especially when considering the taxes, I don't mind paying that extra amount because it's te most economical way of spending your cryptos right now in India.
I don't think it's profitable any more. Especially if you consider the BTC-INR cross rate of India right now. For example, I just saw a 10000₹ gift card on the website is around 0.00531671. If I translate this amount of BTC to INR using WazirX it translates to around 12500₹, the tax saving is 30% but it's on the net gain only which will mean the net amount post tax will be higher than what I am getting on this website.
@avikz do remember gift vouchers do attract tax. If you have passed their KYC on eCommerce platforms like Amazon or Flipkart then after 50k worth of purchase in a year you might be asked for the source. By source I meant the source from where you are getting the gift vouchers. For Amazon pay you will have to go through KYC. I am not certain how Flipkart works. I know Big Basket doesn't ask it's consumer's for KYC. Still, your phone number & address are shared by you with them. It is wise to pay your taxes at the moment rather getting entangled in cases.
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