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100bitcoin (OP)
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March 11, 2015, 07:52:38 PM
Last edit: April 02, 2015, 12:29:48 PM by 100bitcoin
 #1

Hello, from 100bit.co.in. This is a new platform allowing buyers and sellers to directly exchange FIAT and Alt coins with each other against bitcoin. It is free to join the platform and exchange cost per trade is 0.1% of the trade amount. We announced start of our work in March 22, 2014 and now our BETA platform is ready. At this moment we are looking for some active traders...

Please follow this link & register => www.100bit.co.in/register.php



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.  If your country/currency is not in the list on registration page, please inform us here. Your feedback for any improvement is highly appreciated.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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March 12, 2015, 07:06:29 AM
 #2

Send You a PM  Wink
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March 12, 2015, 04:28:08 PM
 #3

Title is interesting.
But why would anyone risk, as even yourself say it is still BETA?



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100bitcoin (OP)
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March 12, 2015, 05:50:37 PM
 #4

Title is interesting.
But why would anyone risk, as even yourself say it is still BETA?

We prefer to have informed users on board. Hence we let everyone know that we are in BETA, though we have tested it thoroughly at our end. We dont think there is much of a risk to lose any coins on the exchange, but small bugs like wrong email text might exist.

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March 13, 2015, 05:08:08 PM
Last edit: March 13, 2015, 07:05:21 PM by deisik
 #5

Hello, from 100bit.co.in. This is a new platform allowing buyers and sellers to directly exchange FIAT and Alt coins with each other against bitcoin. It costs 0.01 BTC to join the platform and exchange cost per trade is 0.001 BTC irrespective of the volume of trade. We announced start of our work in March 22, 2014 and now our BETA platform is ready. At this moment we are looking for some active traders and hence willing to offer the 0.01 BTC to each. If your profile trust has good trading feedback, we will be happy to pay your 0.01 BTC joining fee. It works as follows...

How is this different from a multitude of other cryptocurrency exchanges out there (that work with fiat too) save for the fact that a user should pay 0.01 btc just to join you? Why would anyone in the first place? I don't get it...

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March 16, 2015, 06:03:06 AM
 #6

It costs 0.01 BTC to join the platform
I don't heard anything about joining fee, 0.01BTC when going to exchange!
and exchange cost per trade is 0.001 BTC irrespective of the volume of trade.
0.001 BTC per trader is ridiculous high if just trade small amout.
At this moment we are looking for some active traders and hence willing to offer the 0.01 BTC to each. If your profile trust has good trading feedback, we will be happy to pay your 0.01 BTC joining fee.
How much do we need to trade to become active traders there and to be entitled to get 0.01BTC of bounty? But if we  eliminate the joining fee, we get nothing! If we comply the criteria of active traders and our profile trust has good trading feedback at the same time, does it mean we only will get 0.01BTC.
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March 17, 2015, 09:29:54 AM
 #7

Is this offer available?
100bitcoin (OP)
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March 20, 2015, 10:30:59 AM
 #8

Depending on the current feedbacks from users who joined early for testing, we are changing a few rules. Joining will be free now. Trading fees will also be in %. We'll inform you when the changes are done...

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March 23, 2015, 10:31:41 PM
 #9

Depending on the current feedbacks from users who joined early for testing, we are changing a few rules. Joining will be free now. Trading fees will also be in %. We'll inform you when the changes are done...

+1

Nice move. Please do inform us once you are ready...

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March 25, 2015, 10:34:25 AM
 #10

I will wait for that !

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March 25, 2015, 01:39:41 PM
 #11

This seems to be an interesting new exchange.
It is always good to see new businesses built around bitcoin.
While I am a trader, I would need to see this site operational with positive feedback for at least 6 months before I would join.

Hopefully, you guys will still be around by then.
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April 02, 2015, 12:31:43 PM
 #12

Thank you for the kind words. We have done some changes in the platform. You are now free to join. If you face any problem, feel free to report here...

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April 02, 2015, 06:26:29 PM
 #13

I love startups connected to btc anyhow. you seems to be really smart guys. good luck with everything!!
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April 03, 2015, 08:02:14 AM
 #14

I live in Cambodia. Your site is support my country ? Thanks !
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April 03, 2015, 01:16:00 PM
 #15

there are a million bitcoin exchanges that want traders at this point. so if you want volume, don't charge any fees in the start and incentivize the hell out of people to join up.
100bitcoin (OP)
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April 03, 2015, 09:49:04 PM
 #16

I live in Cambodia. Your site is support my country ? Thanks !

It was not there. But, now we have added it and KHR. You may ask more people from Cambodia to join here and start trading...

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April 04, 2015, 12:33:24 AM
 #17

there are a million bitcoin exchanges that want traders at this point. so if you want volume, don't charge any fees in the start and incentivize the hell out of people to join up.

Really ? A million bitcoin exchanges ? There are ~14 million coins mined so far. Please think twice what you are writing. Tongue

But yes, I would love to be incentivized too Smiley

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April 04, 2015, 02:10:07 AM
 #18

So, how would this compete with places like Circle, where you can exchange fiat to coin absolutely free?


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April 04, 2015, 02:26:49 AM
 #19

So, how would this compete with places like Circle, where you can exchange fiat to coin absolutely free?

or coinbase, good question.
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April 04, 2015, 08:45:19 AM
 #20

So, how would this compete with places like Circle, where you can exchange fiat to coin absolutely free?

Free ? Really ?

http://www.reddit.com/r/Bitcoin/comments/2eqtl4/circle_not_entirely_feefree/

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