Author

Topic: Launching the Coinsecure Payment Gateway for Bitcoin in India (Read 4220 times)

sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Has anyone tried exporting CSV file of the timeline from Coinsecure? The CSV exports fine but the date/time column values are not exporting as intended (see screenshot below).
Instead of proper date/time, it displays a random number which is not even manually analyzable.



Is it just me or it's like that for everyone?

Thats an epoch timestamp.
Try this..
https://www.extendoffice.com/documents/excel/2473-excel-timestamp-to-date.html

Thanks, that worked well! Saved me a lot of manual work!
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
Has anyone tried exporting CSV file of the timeline from Coinsecure? The CSV exports fine but the date/time column values are not exporting as intended (see screenshot below).
Instead of proper date/time, it displays a random number which is not even manually analyzable.



Is it just me or it's like that for everyone?

Thats an epoch timestamp.
Try this..
https://www.extendoffice.com/documents/excel/2473-excel-timestamp-to-date.html
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Has anyone tried exporting CSV file of the timeline from Coinsecure? The CSV exports fine but the date/time column values are not exporting as intended (see screenshot below).
Instead of proper date/time, it displays a random number which is not even manually analyzable.



Is it just me or it's like that for everyone?
full member
Activity: 160
Merit: 100
Good work releasing your api  Cheesy
hero member
Activity: 518
Merit: 500
I still haven't got my documents verified.This is the slowest verification process I have ever come across.
Now I wish I had not submitted my documents I am concerned about their misuse.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
Quite strange that two of you facing problem.I registered few days back and have'nt faced any such problem whenever I go to site.Although I have not traded yet because my verification process is still going on but I have checked all section of CS and the whole site working well for me

It's not a continuous problem. I am also able to use the site quite often. It happens only when there's a lot of traffic / trades going on.

Yeah, the load is what causes the slowness.
Hardware scale is at a maximum at the moment, software scaling always takes longer.
The basic UI itself is heavy on data load and we are reworking that as well to lower the data on each page.

Not gonna be anything quick, but once fixed, this should be able to scale up a lot more.
Any plan on bringing coinsecure mobile app?Not a bookmarklet app but a complete app like zebpay.
I believe mobile app is the necessity of the hour as most people prefer to use sites and services on mobile.

https://play.google.com/store/apps/details?id=com.coinsecure.bitcoinexchange&hl=en

Has been around for a while.
hero member
Activity: 518
Merit: 500
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
Quite strange that two of you facing problem.I registered few days back and have'nt faced any such problem whenever I go to site.Although I have not traded yet because my verification process is still going on but I have checked all section of CS and the whole site working well for me

It's not a continuous problem. I am also able to use the site quite often. It happens only when there's a lot of traffic / trades going on.

Yeah, the load is what causes the slowness.
Hardware scale is at a maximum at the moment, software scaling always takes longer.
The basic UI itself is heavy on data load and we are reworking that as well to lower the data on each page.

Not gonna be anything quick, but once fixed, this should be able to scale up a lot more.
Any plan on bringing coinsecure mobile app?Not a bookmarklet app but a complete app like zebpay.
I believe mobile app is the necessity of the hour as most people prefer to use sites and services on mobile.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
Quite strange that two of you facing problem.I registered few days back and have'nt faced any such problem whenever I go to site.Although I have not traded yet because my verification process is still going on but I have checked all section of CS and the whole site working well for me

It's not a continuous problem. I am also able to use the site quite often. It happens only when there's a lot of traffic / trades going on.

Yeah, the load is what causes the slowness.
Hardware scale is at a maximum at the moment, software scaling always takes longer.
The basic UI itself is heavy on data load and we are reworking that as well to lower the data on each page.

Not gonna be anything quick, but once fixed, this should be able to scale up a lot more.
hero member
Activity: 574
Merit: 502
waiting to explode
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
Quite strange that two of you facing problem.I registered few days back and have'nt faced any such problem whenever I go to site.Although I have not traded yet because my verification process is still going on but I have checked all section of CS and the whole site working well for me

It's not a continuous problem. I am also able to use the site quite often. It happens only when there's a lot of traffic / trades going on.
hero member
Activity: 518
Merit: 500
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
Quite strange that two of you facing problem.I registered few days back and have'nt faced any such problem whenever I go to site.Although I have not traded yet because my verification process is still going on but I have checked all section of CS and the whole site working well for me
hero member
Activity: 1218
Merit: 557
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.

From last couple of months CS site has being badly hit due increase in volume and increase in clients. While people are actually little irritated as every time you need to load data and sometimes its too slow. Hope this is resolved quickly.
hero member
Activity: 574
Merit: 502
waiting to explode
I'm tired of this site running sluggishly whenever there's high number of trades going on. Can't load my pending orders due to unresponsiveness of site. I hope this is addressed soon, I can't trade like this forever.
hero member
Activity: 518
Merit: 500
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.

Not sure. Send me your email ID via PM and I can ask compliance to check.
Hi I am still waiting for your response.It has been 3 days since I sent you my email through pm.No reply from coinsecure either.

I have sent your query to the compliance team, they will reply back as soon as they can.
Yesterday was monday, so lots of backlog to clear.
Thank you so much for your help.I have received email today asking me to send copy of PAN card and voter id.
Will be sending it tonight.Thanks Smiley
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.

Not sure. Send me your email ID via PM and I can ask compliance to check.
Hi I am still waiting for your response.It has been 3 days since I sent you my email through pm.No reply from coinsecure either.

I have sent your query to the compliance team, they will reply back as soon as they can.
Yesterday was monday, so lots of backlog to clear.
hero member
Activity: 518
Merit: 500
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.

Not sure. Send me your email ID via PM and I can ask compliance to check.
Hi I am still waiting for your response.It has been 3 days since I sent you my email through pm.No reply from coinsecure either.
hero member
Activity: 518
Merit: 500
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.

Not sure. Send me your email ID via PM and I can ask compliance to check.
Thanks Pm sent.Actually I also want to report error I am getting while uploading the zip file.
Since I was required to send front and back jpg image of voter id and multiple files are possible through zip format only,I tried it but it says invalid file type.
Because of this error I could only upload front portion image of my voter id and waiting for customer support email to ask me for back image also
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.

Not sure. Send me your email ID via PM and I can ask compliance to check.
hero member
Activity: 518
Merit: 500
I submitted my verification documents two days back on coinsecure website but still waiting for verification.
I do not have adhaar,license or passport so I uploaded my voter id.
I hope it will be okay to get verification.
hero member
Activity: 574
Merit: 502
waiting to explode
The site is sooooooooooooo.....   SLOW right now. Doesn't seem to handle the enormous traffic well. I can't even load the home page.

Yeah crazy numbers in traffic today, adding more limits, etc..
time taking task to scale up to this.

No wonder there is crazy traffic today. Price is ATH yay! Good luck and hope your site scales well. Bitcoin is becoming popular in India and your site is going to attract more and more users in future.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
The site is sooooooooooooo.....   SLOW right now. Doesn't seem to handle the enormous traffic well. I can't even load the home page.

Yeah crazy numbers in traffic today, adding more limits, etc..
time taking task to scale up to this.
hero member
Activity: 574
Merit: 502
waiting to explode
The site is sooooooooooooo.....   SLOW right now. Doesn't seem to handle the enormous traffic well. I can't even load the home page.
sr. member
Activity: 787
Merit: 276
Currency Xchanger™
Hi Benson,

I am experiencing problem with Coinsecure website.It seems to be down. Please can you look in to it asap.

Regards

I am able to login, but the balances & orders are not being loaded. Occasionally I'm redirected to a maintenance page. I think there's some kind of upgrade going on.

Site is ok and stable now Smiley
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
Hi,

I am now able to log in but the order books are not getting loaded. Think the price surge has attracted dormant traders and all are trying to log in at the same time. Coinsecure should find a way to autoscale if that is an issue. I experienced similar problem during last months price drop and could not sell bitcoins on time leading to a loss.

Regards,


Was a different issue.
We have sorted scale some time ago.. Should be able to handle a lot more now.
We did an update late last night and incapsula had cached the update page. Purged the cache and it has been cool since then.
Sorry about that.
full member
Activity: 224
Merit: 100
Hi,

I am now able to log in but the order books are not getting loaded. Think the price surge has attracted dormant traders and all are trying to log in at the same time. Coinsecure should find a way to autoscale if that is an issue. I experienced similar problem during last months price drop and could not sell bitcoins on time leading to a loss.

Regards,
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
Hi Benson,

I am experiencing problem with Coinsecure website.It seems to be down. Please can you look in to it asap.

Regards

I am able to login, but the balances & orders are not being loaded. Occasionally I'm redirected to a maintenance page. I think there's some kind of upgrade going on.
full member
Activity: 224
Merit: 100
Hi Benson,

I am experiencing problem with Coinsecure website.It seems to be down. Please can you look in to it asap.

Regards
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
How long does a fiat deposit generally take? I have my NEFT sitting unconfirmed for around 3 hours now.

Generally 15-30 mins once we receive a notification.
Am being told that neft could take 3-4 hrs for us to get a notification.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
How long does a fiat deposit generally take? I have my NEFT sitting unconfirmed for around 3 hours now.
member
Activity: 80
Merit: 10
LBC: BeingMrMerchant ~ www.pocketbits.in
https://pay.coinsecure.in

0 Confirmations for most


There has been a growing trend of Double Spends in India, although the cases have been of very small volume.

Any solutions in place to secure the Merchant if by any chance a notorious customer double spends before 1 confirm?

PS: Thank You for all that you have done for Bitcoin Adoption in India, IMO Bitcoin payments will soon pickup if there are more platforms for Implementation and more Use Cases are introduced.

legendary
Activity: 1302
Merit: 1027
Almost 7 months have passed.How many merchants have used coinsecure to accept bitcoin?
I hope if some reputed online merchant add bitcoin payment, it will give a great boost to bitcoin adoption in India.

Barely 3 or 4 have active payment buttons.
More seem to be interested in just showing a basic QR from wallet for payments.

Guess we have not really done much BD/ PR on the gateway as yet.

1 mistake that might be the case is that the entire module is not a straight forward integration. The complexity itself will switch off half the merchants.

Lets see what we can do with this piece in 2017. We constantly evolving and merchant is an important piece for us.

If i wanted to add bitcoin as payment option for my business , then what should i have to show in the tax law as i also wanted to setup my business with bitcoin payment but as i am not aware of the tax law i am using it in personal way.

You would enter it in your books at the rate at which it was accepted.
While this is not absolute or written by law, this is practiced by many companies.

You mean to say that we have to show as trading in the books as like stock exchange trading , Then the profit will be shown as short term profit. But i am not doing trading but i am just earning through signature campaign, doing social bounty for altcoins and just sell the coins and convert them to bitcoin and sell them to fiat currency and use it in my daily life expenses. Then how come this will come in trading option.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
Almost 7 months have passed.How many merchants have used coinsecure to accept bitcoin?
I hope if some reputed online merchant add bitcoin payment, it will give a great boost to bitcoin adoption in India.

Barely 3 or 4 have active payment buttons.
More seem to be interested in just showing a basic QR from wallet for payments.

Guess we have not really done much BD/ PR on the gateway as yet.

1 mistake that might be the case is that the entire module is not a straight forward integration. The complexity itself will switch off half the merchants.

Lets see what we can do with this piece in 2017. We constantly evolving and merchant is an important piece for us.

If i wanted to add bitcoin as payment option for my business , then what should i have to show in the tax law as i also wanted to setup my business with bitcoin payment but as i am not aware of the tax law i am using it in personal way.

You would enter it in your books at the rate at which it was accepted.
While this is not absolute or written by law, this is practiced by many companies.
legendary
Activity: 1302
Merit: 1027
Almost 7 months have passed.How many merchants have used coinsecure to accept bitcoin?
I hope if some reputed online merchant add bitcoin payment, it will give a great boost to bitcoin adoption in India.

Barely 3 or 4 have active payment buttons.
More seem to be interested in just showing a basic QR from wallet for payments.

Guess we have not really done much BD/ PR on the gateway as yet.

1 mistake that might be the case is that the entire module is not a straight forward integration. The complexity itself will switch off half the merchants.

Lets see what we can do with this piece in 2017. We constantly evolving and merchant is an important piece for us.

If i wanted to add bitcoin as payment option for my business , then what should i have to show in the tax law as i also wanted to setup my business with bitcoin payment but as i am not aware of the tax law i am using it in personal way.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
Almost 7 months have passed.How many merchants have used coinsecure to accept bitcoin?
I hope if some reputed online merchant add bitcoin payment, it will give a great boost to bitcoin adoption in India.

Barely 3 or 4 have active payment buttons.
More seem to be interested in just showing a basic QR from wallet for payments.

Guess we have not really done much BD/ PR on the gateway as yet.

1 mistake that might be the case is that the entire module is not a straight forward integration. The complexity itself will switch off half the merchants.

Lets see what we can do with this piece in 2017. We constantly evolving and merchant is an important piece for us.
hero member
Activity: 602
Merit: 500
Almost 7 months have passed.How many merchants have used coinsecure to accept bitcoin?
I hope if some reputed online merchant add bitcoin payment, it will give a great boost to bitcoin adoption in India.
sr. member
Activity: 770
Merit: 268
Congratulations for venturing into this payment gateway. This move may be the game changer for bitcoin being used currently in India. Businesses who are bitcoin-literate will be more than happy to user this.
Best wishes for your venture.
hero member
Activity: 574
Merit: 502
waiting to explode
I have been using Coinsecure and I like most of it. The experience has been good so far.

However the daily chart can use some improvement. Currently when I look at the daily chart, it shows me quite old data, till 3rd Jan. Today is 18th Jan. How can I see daily chart data between 3rd & 18th? Just a small observation.


Looks more like a label bug.
The data is always going to be accurate and up to date, will fix the labels.

This is what I'm talking about:

Daily chart:
http://i.imgur.com/foJtzbE.png
^^ It shows data till 3rd Jan only

even Monthly chart:
http://i.imgur.com/rOyJCkY.png
^^ Shows data till 4th Jan only

And one can tally that the data is actually old, because current trades are in ~Rs.64000 range, not ~Rs.70000
hero member
Activity: 1218
Merit: 557
Hey what do you mean by 0 confirmation. Are you referring to if transferred from other wallet to CS wallet it gets immediately transferred without waiting for any confirmations. Correct me if I am wrong.
sr. member
Activity: 602
Merit: 252
This is looking great. Best thing about this is probably the 0 confirmation one. Congrats Benson and CS!
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I have been using Coinsecure and I like most of it. The experience has been good so far.

However the daily chart can use some improvement. Currently when I look at the daily chart, it shows me quite old data, till 3rd Jan. Today is 18th Jan. How can I see daily chart data between 3rd & 18th? Just a small observation.


Looks more like a label bug.
The data is always going to be accurate and up to date, will fix the labels.
hero member
Activity: 574
Merit: 502
waiting to explode
I have been using Coinsecure and I like most of it. The experience has been good so far.

However the daily chart can use some improvement. Currently when I look at the daily chart, it shows me quite old data, till 3rd Jan. Today is 18th Jan. How can I see daily chart data between 3rd & 18th? Just a small observation.
hero member
Activity: 1568
Merit: 502
Great to hear...

Already India's major private bank ICICI already in mood of testing blockchain possibilities for indian economy.


 
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
just wonder would you took some fee for every payments made or from merchant themselves?

We have a tiny part set aside for service costs within our terms with Bitpay.
Every payment will not be charged, the charges occur only when settling to the end merchants account.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
Plus what is the BTC-INR exchange rate used for conversion into INR.
Is it the last traded price at Coinsecure or is it some other benchmark?

Bitpays rates being used for this.
From what I have seen, they have been steadily lower than Coinsecure prices and a lot more liquid as well.
Based on the charges of final settlements, we may add that cost at a later stage within the accepted percentages itself.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
good work,now can't waiting big store in india such as flipkart enabling bitcoin as payment gateway,just wonder would you took some fee for every payments made or from merchant themselves?
legendary
Activity: 1358
Merit: 1000
Plus what is the BTC-INR exchange rate used for conversion into INR?
Is it the last traded price at Coinsecure or is it some other benchmark?
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
I had a look at the fee structure.
Isn't the fee of up to 2.5% too high for BTC-INR?
The selling point of using Bitcoin over credit cards is that the middle man is removed, lowering transaction fees.  Undecided


Plus, it does seem to be counterintuitive that you charge higher fees (in percentage terms) when volumes increase? Most large players expect discount in fees because of the larger volumes. You might actually have a company split its volumes into Delhi Branch, Mumbai Branch, etc and benefit from lower fees.  Tongue


1.5% BTC to INR up to 15L a day
2.0% BTC to INR UPTO 30L a day
2.5% BTC to INR UPTO 50L a day


This is not our internal best for sure.
More aligned to terms with BitPay.
As volumes, partnerships and markets grow, we should see this drop as we start using our own liquidity.
legendary
Activity: 1358
Merit: 1000
I had a look at the fee structure.
Isn't the fee of up to 2.5% too high for BTC-INR?
The selling point of using Bitcoin over credit cards is that the middle man is removed, lowering transaction fees.  Undecided


Plus, it does seem to be counterintuitive that you charge higher fees (in percentage terms) when volumes increase? Most large players expect discount in fees because of the larger volumes. You might actually have a company split its volumes into Delhi Branch, Mumbai Branch, etc and benefit from lower fees.  Tongue


1.5% BTC to INR up to 15L a day
2.0% BTC to INR UPTO 30L a day
2.5% BTC to INR UPTO 50L a day
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
wow congrats!
coinsecure is high scale and stock exchange and doing great for landscaping bitcoin in india.this is great thing for Indian.
but why coinsecure don't think to make an app like zebpay to attract users and for also making everything easy?

Now that merchant is done, App will be released as our next piece.
sr. member
Activity: 322
Merit: 250
i am don(ripper's big daddy).i clean scammers.
wow congrats!
coinsecure is high scale and stock exchange and doing great for landscaping bitcoin in india.this is great thing for Indian.
but why coinsecure don't think to make an app like zebpay to attract users and for also making everything easy?
sr. member
Activity: 499
Merit: 250
congrats Benson & coinsecure...
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
https://pay.coinsecure.in

0 Confirmations for most
Invoices
Simple HTML Payment Buttons
POS Billing
Dashboard
Api
Programming Libraries

So far..
Many more merchant tools coming up soon!

http://blog.coinsecure.in/post/146551410925/coinsecure-partners-with-bitpay-to-provide-payment
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