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Topic: [ANN] PocketBits.in is Live (Read 2931 times)

newbie
Activity: 10
Merit: 0
August 01, 2018, 04:02:44 AM
#25
Just signed up on their site. Submitted my KYC on 12:15 AM and they rejected my KYC (due to my fault) at 12:25 AM. Took them 10 mins to check my KYC. Would be verified in 10 mins if I hadn't made a mistake. Damn!

Would definitely try the shop with bits feature tomorrow.
As KYC doc, what did they ask for?

A photo of the PAN Card.
Was kinda weird that they didn't ask for an address proof or something.

How photo of a PAN card be verified within 10 minutes? Anyone can fake it!


indian govt portal has way to verify pan card details online so it cant be forge... also paypal use same

also i think pocketbits is going shitty now days its started as fast solution to buy and sale now days withdrawals takes days to complete,
also my personal exp is very bad lately on friday i started request for withdrawal of 65k and then again on monday i sold bitcoins and raised one more request of 135k after waiting one more day i started
live chat with them and asked why 65k didn't transferred yet after 10-15 mins , they said its been cancelled and please raise one request i was like wtf is this ? on there website its clearly written if
multiple request is less then 50k it will be rejected but they rejected 2 transactions above 66k and 135k , bcoz i raised them within 3 days , and then i forced to raised 200k request again its completely unacceptable tbh
legendary
Activity: 2226
Merit: 1052
June 12, 2017, 07:27:06 AM
#24
Just signed up on their site. Submitted my KYC on 12:15 AM and they rejected my KYC (due to my fault) at 12:25 AM. Took them 10 mins to check my KYC. Would be verified in 10 mins if I hadn't made a mistake. Damn!

Would definitely try the shop with bits feature tomorrow.
As KYC doc, what did they ask for?

A photo of the PAN Card.
Was kinda weird that they didn't ask for an address proof or something.

How photo of a PAN card be verified within 10 minutes? Anyone can fake it!
hero member
Activity: 1036
Merit: 501
June 10, 2017, 01:38:58 AM
#23
Just signed up on their site. Submitted my KYC on 12:15 AM and they rejected my KYC (due to my fault) at 12:25 AM. Took them 10 mins to check my KYC. Would be verified in 10 mins if I hadn't made a mistake. Damn!

Would definitely try the shop with bits feature tomorrow.
As KYC doc, what did they ask for?

A photo of the PAN Card.
Was kinda weird that they didn't ask for an address proof or something.
legendary
Activity: 2226
Merit: 1052
June 09, 2017, 03:40:56 PM
#22
Just signed up on their site. Submitted my KYC on 12:15 AM and they rejected my KYC (due to my fault) at 12:25 AM. Took them 10 mins to check my KYC. Would be verified in 10 mins if I hadn't made a mistake. Damn!

Would definitely try the shop with bits feature tomorrow.
As KYC doc, what did they ask for?
hero member
Activity: 1036
Merit: 501
June 09, 2017, 02:14:51 PM
#21
Just signed up on their site. Submitted my KYC on 12:15 AM and they rejected my KYC (due to my fault) at 12:25 AM. Took them 10 mins to check my KYC. Would be verified in 10 mins if I hadn't made a mistake. Damn!

Would definitely try the shop with bits feature tomorrow.
newbie
Activity: 2
Merit: 0
June 05, 2017, 08:35:49 AM
#20
Nice to see pocketbits.in nice innovation.... I would like to see pocketbits.in as checkout payment from Flipkart so that I can make easy payments through pocketbits provided I have bitcoins in pocketbits wallet..... just like paytm checkout..... that will be a huge step and a great going for pocketbits.....
full member
Activity: 308
Merit: 100
May 30, 2017, 11:41:32 PM
#19
Current Bitcoin prices on your site:
BTC BUY RATE :  177489   BTC SELL RATE :  163217

Do you think a spread of Rs.14272 is acceptable? Your exchange is new, what makes you think people will use your exchange if they are getting ripped off like this? If you want business, you need to lower the spreads to 1k or less. If you can offer instant INR deposit/withdrawal, then you can keep higher spreads. Either way you need to offer something better than existing players if you want people to use your exchange.
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
March 15, 2017, 02:28:44 PM
#18
Congratulations on your launch!
How has the response been so far?

Thank You, well the response has been better then expected.
We had some reservations as we had launched a Beta and not a complete platform, hence we didn't expect such and influx of response from the Bitcoin Industry in India. But we were blown away with the appreciation and support we have received from the community.


As far as volume is concerned, which is you next question in this thread, our stats are as follows:

Current Users: 451

Total Volume 179.7514

* This data is from our launch date 08/02/2017 to 15/03/2017 12am IST

We hope to launch our complete platform with all the features in a couple of months.


sr. member
Activity: 756
Merit: 252
March 01, 2017, 01:38:10 PM
#17
Congrats on the site, looks promising we need more of bitcoin related sites in India.
The layout is really nice. do you guys accept Paytm/online wallets?
S_D
full member
Activity: 198
Merit: 112
February 26, 2017, 11:53:29 AM
#16
Currently they have the offer of BMS voucher. On purchase of 2000 Rs coin you get 100 Rs voucher and on purchase of 5000 Rs btc you get 200 Rs Book My Show voucher.


That's great I am still interested in volumes they have done so far.
hero member
Activity: 1218
Merit: 557
February 26, 2017, 05:10:39 AM
#15
Currently they have the offer of BMS voucher. On purchase of 2000 Rs coin you get 100 Rs voucher and on purchase of 5000 Rs btc you get 200 Rs Book My Show voucher.
S_D
full member
Activity: 198
Merit: 112
February 18, 2017, 09:49:35 PM
#14
Congratulations on your launch!
How has the response been so far?
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
February 09, 2017, 02:56:59 PM
#13
Great to see another Indian Exchange on board, it shows slowly Bitcoin getting popular in India as well which is very positive sign.
Hope this site will create competitive environment among other exchanges and we will be having more options to choose from.

Many congratulations for your launch  Wink

Thank you very much, kindly feel free to give us any feedback or any feature suggestions.

Regards
The PocketBits Team
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
February 09, 2017, 02:54:42 PM
#12
Glad to see another bitcoin trading platform.I hope a healthy competition will help making bitcoin more popular among masses in India.
How is buy products with bitcoin from Amazon, Flipkart, Snapdeal and
Myntra going to work?
Have you made these sites accept bitcoin or will you take buy order for them,receive payment in bitcoin,convert into inr and pay them?


Thank you for the Kind words.

We would certainly like to integrate with those platforms directly but our Merchant Services are under development, which shall be live by next month.
We will start integrating with all online businesses and not just eCommerce stores.

Right now our service works with us being the Third Party placing the orders on the users behalf and accepting bitcoins on our side of the transaction.

Our Point of Sale App and Merchant Gateway will hopefully help all businesses whether big or small to accept bitcoins without any settlement delays and 0% volatility risk.


Regards
The PocketBits Team
full member
Activity: 170
Merit: 100
February 09, 2017, 07:25:03 AM
#11
Great to see another Indian Exchange on board, it shows slowly Bitcoin getting popular in India as well which is very positive sign.
Hope this site will create competitive environment among other exchanges and we will be having more options to choose from.

Many congratulations for your launch  Wink
hero member
Activity: 602
Merit: 500
February 09, 2017, 06:22:25 AM
#10
Glad to see another bitcoin trading platform.I hope a healthy competition will help making bitcoin more popular among masses in India.
How is buy products with bitcoin from Amazon, Flipkart, Snapdeal and
Myntra going to work?
Have you made these sites accept bitcoin or will you take buy order for them,receive payment in bitcoin,convert into inr and pay them?
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
February 08, 2017, 10:45:37 AM
#9
Thank you for the appreciation.

Yes Shop With Bits is our Flagship feature, we will be improving it to include many options to utilize bitcoins soon.


Do ping us if there is any feedback or feature suggestion.

hero member
Activity: 1036
Merit: 501
February 08, 2017, 10:06:50 AM
#8
Your website looks pretty good.
Love the "Shop with Bits" feature. Would definitely give it a try soon.

Congratulations on your launch. Smiley
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
February 08, 2017, 08:39:37 AM
#7
Some bona fide details about PocketBits.in
Pocketbits.in is formally registered as Defacto Technologies Pvt Ltd
Corporate Identity Number: U72900MH2016PTC285381
Service Tax Number: AAFCD8309KSD001
Registered Office: Plot no. 65, SNO 807/1/3/20, Deepali Nagar, Nashik, Maharashtra, India, 422009
Contact Us:
+919326060609

Above data looks consistent. But, why the site mentions Product of Defacto Technolgies Pvt. Ltd. and Powered by OneRoof Technologies LLP? If Pocketbits.in is formally registered as Defacto Technologies Pvt Ltd, then what's the purpose of OneRoof Technologies LLP?

Defacto Technologies Pvt Ltd is the Registered name for Pocketbits.in

Whereas OneRoof Technologies are our Development Team.

Thank you
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
February 08, 2017, 08:24:35 AM
#6
First of all congrats for your new exchange, kindly give more information about team members.

Thank you very much for the appreciation.

As for our team, we are three directors of the firm and I am the only one who has a technical background, the other two are financial part of the company.

You can find out more about me on linkedin https://in.linkedin.com/in/sohail-merchant-59340045

We will soon be updating our about us page with information about our team members.

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