Topic: Can India cope with bulk buy-sell orders? (Read 1052 times)
To be honest , I wouldn't trust any major online service for big transactions either. There can always be issues. Most of the big transactions are handled offline or in parts. The traders on sites like lbtc, also mostly limit themselves to 5 lacs for online transactions.
I don't think our ecosystem is yet capable of fulfilling such orders. Are we?
True that there aren't much people who can fulfil the such requirements bit I reckon that there are a few of them in every part of India. 
+1. Bulk transactions happen offline cause people don't want the authority hassling them.
Indian don't like big transaction through exchanges because they deposited their ID in exchanges.
In my experience I sold many times 50 BTC at once. So in offline world in India it's not a big problem selling these amount of Bitcoins.
In my experience I sold many times 50 BTC at once. So in offline world in India it's not a big problem selling these amount of Bitcoins.
Few days back, I saw someone requesting in forum to match his order for 2 bitcoins. That made me wonder, what is actual liquidity of Indian ecosystem? If I have to buy say 50, 100's and 500's of BTC.. what are various options of me without moving money abroad? I don't think our ecosystem is yet capable of fulfilling such orders. Are we?
What your experience and knowledge says?
What your experience and knowledge says?
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