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Topic: BitCoin in India - page 2. (Read 2658 times)

legendary
Activity: 1218
Merit: 1007
January 19, 2017, 02:18:54 PM
#13
any sites other than Zebpay ??

You can use localbitcoins for better experience if you are not satisfied with these exchanges, because you will be able to transact your coins for different available rates and you may get prices even higher than Zebpay sometimes. At these exchanges, you will need to wait for your money to be funded and the waiting time is 24 hours (depending on when you withdraw), while at localbitcoins, users send the funds instantly through IMPS, or 3-4 hours if NEFT is being done.
sr. member
Activity: 770
Merit: 268
January 16, 2017, 08:27:44 AM
#12
Bitcoin use as currency is very less in India. Hardly any company accepting bitcoin. Currently bitcoin is in the introduction phase in India. And it is being introduced as investment tool/commodity thus focus of many is to purchase and keep it.  Overall awareness is slowly increasing mainly because 1000$ mark.
Many coming in with herd mentality thanks to the media coverage, while other getting introduced via some cloud mining scam.

Most of bitcoin users I know are purchase and keep them for long time (till it hits some million/zillion dollar mark).
hero member
Activity: 1218
Merit: 557
January 16, 2017, 05:38:42 AM
#11
any sites other than Zebpay ??

Yes you can use Coinsecure or Unocoin. But withdrawal at Coinsecure is the best. You will get instant withdrawals many times. While that is not the case with Unocoin. Also do you want to buy/sell the btc?
newbie
Activity: 34
Merit: 0
January 16, 2017, 04:26:20 AM
#10
any sites other than Zebpay ??
hero member
Activity: 1218
Merit: 557
January 16, 2017, 01:46:27 AM
#9
Zebpay is the quick and fastest among the rest. Also Coinsecure is good but only thing is that one is exchange and other is not. While Zebpay also has the recharge feature and when it comes to withdrawal Coinsecure is the fastest and also on Saturday you can withdraw.
full member
Activity: 228
Merit: 100
January 16, 2017, 01:41:55 AM
#8
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new

Oh..but which companies are accepting bitcoins as payments ??
the best company that accept bitcoins is zebapy.u can download the app through the playstore and give the details like pan card and bank details and after 7 working days ,you r account will verified and you can cash out ur bitcoins very quickly.

both zebpay and unocoin are the best company that are accepting bitcoin.
but when you sell your bitcoin i think unocoin is giving good price as compare to zebpay.

but zebpay have more features like mobile recharge etc

but i recommend unocoin for trading
full member
Activity: 196
Merit: 100
January 15, 2017, 10:21:20 PM
#7
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new

Oh..but which companies are accepting bitcoins as payments ??
the best company that accept bitcoins is zebapy.u can download the app through the playstore and give the details like pan card and bank details and after 7 working days ,you r account will verified and you can cash out ur bitcoins very quickly.
legendary
Activity: 1218
Merit: 1007
January 12, 2017, 01:39:46 PM
#6
After demonetization, the usage of bitcoins in India has reached a completely different level and more and more people are joining hands in starting to accept this new currency. About the legality, I think that there is nothing yet mentioned either by Government or Banking Officials except RBI's warning to trade this cryptocurrency with extreme caution due to high volatility.
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
January 12, 2017, 10:10:35 AM
#5
I would also like to know who are these people in your whatsapp group that are paying taxes, I havent met such traders as yet in the Indian Economy.
hero member
Activity: 1218
Merit: 557
January 12, 2017, 05:58:59 AM
#4
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new

Which whats app group are you talking about and how many member are part of this group. Also are you referring to group started by some Alpesh who were was not able to answer the query raised to their group? Also do you use it for live trading purpose or for information purpose?
newbie
Activity: 34
Merit: 0
January 12, 2017, 04:22:29 AM
#3
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new

Oh..but which companies are accepting bitcoins as payments ??
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
January 12, 2017, 04:05:03 AM
#2
Do people In India use bitcoin? Is It Legal There ??
Yes , ofcourse  it is legal in India because I am.using bitcoin from 2 years in India , and I am proper Indian .
I have Many friends at WhatsApp group who are bitcoiner . Some of them are making lakhs per month and paying tax to the government ( which is honesty quality ) .
But in this year some restrictions comes to use bitcoin after demomentization of money which control the flow of bitcoin .
I explained about it here >>
https://bitcointalk.org/index.php?topic=1739347.new#new
newbie
Activity: 34
Merit: 0
January 12, 2017, 03:52:01 AM
#1
Do people In India use bitcoin? Is It Legal There ??
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