100bit.co.in - Direct trading exchange for FIAT and Alt coins against Bitcoin

[legendster]

How easy is it to run a bitcoin exchange in India?
Didn't the RBI warning / ED raids result in exchanges shutting shop?

Its not illegal to do btc based businesses in India, its not legal either. Govt is interested but kinda shy.

Follow their KYC norms & you'd do just fine like uno / cs have done.
Btx shut it's shop cuz their bank chickened out.

[1715648909]

1715648909

[1715648909]

1715648909

[1715648909]

1715648909

[100bitcoin]

In the last one month multiple trades have taken place on 100bit.co.in against INR. We'd like to know people's general experience about it. Feel free to share, if you had any negative experience.

You need new servers and higher bandwidth. A more intuitive UI design (PM me I can help with design). Most importantly you need international traders. Dont market it as an Indian website.

Edit: PS : If you want real reviews create a non self moderated thread.

Thank you for your input. We have a thread for international traders, which is not moderated either - https://bitcointalk.org/index.php?topic=526706.100. Even in this thread, we have not moderated any comment so far. Regarding bandwidth, we are using CDN and the site is optimized. So, speed should not be a problem. Thanks again...

[TigerMart]

In the last one month multiple trades have taken place on 100bit.co.in against INR. We'd like to know people's general experience about it. Feel free to share, if you had any negative experience.

Had some trade on 100bit.co.in. Apart from low volume, there is no other complain for now. Keep going...

[Aayush]

After months of work we are close to release this product...

www.100bit.co.in

100bit.co.in provides a platform to buyers and sellers to directly exchange FIAT and Alt coins with each other against bitcoin. Joining is free and exchange cost per trade is 0.1% of the trade amount.

Key Features :-

1. Does not require bitcoin to stay deposited in the site. User deposits at the time of trading.

2. Bitcoin can be traded against both FIAT & Alt coins.

3. Trading cost 0.1% of the trade amount.



Please note that, right now, we are in early BETA. Also https is not yet implemented. So, it is recommended NOT to trade big volume for now. Your feedback for any improvement is highly appreciated.

It is very hearting to see an INdian developing a platform such as this, I know you are still in beta stage and there's lot to work on, I wish you all the best! I will try how I can to promote you!

[100bitcoin]

It is very hearting to see an INdian developing a platform such as this, I know you are still in beta stage and there's lot to work on, I wish you all the best! I will try how I can to promote you!

Thanks for the kind words. Anyone wish to voluntarily promote 100bit.co.in or their own profile on 100bit.co.in, may use the signature codes listed here - https://bitcointalk.org/index.php?topic=1079681.0.