BTC-BTC markets are all open in India.
Work is underway, getting an INR market involved.
Topic: Successful trade London <-> Dehli (Read 1552 times)
India is quite big in regards to IT. And as I understand it, lot's of work is outsources to India. What about using bitcoins more, what about a bitcoin exchange there ?
What is the current status?
What is the current status?
Working on it.
Ripple seems to allow INR - BTC/XRP.
It's in a closed beta for now, but this seems to be the best thing for an Indian exchange so far.
Quite a few will be announced in the 1st half of 2013.
It's in a closed beta for now, but this seems to be the best thing for an Indian exchange so far.
Quite a few will be announced in the 1st half of 2013.
I believe it is only a matter of time before an exchange is set up in India for Bitcoin trading.
I think there was one last year, as of now I see one exchange dealing with INR-BTC:
http://www.ecurrencyzone.net/
Haven't used them myself though.
Herodes,
I believe it is only a matter of time before an exchange is set up in India for Bitcoin trading.
Right now people like myself are providing/creating some liquidity for India by buying / selling to/from Indian bitcoiners, but out of necessity we have to charge a larger spread and also cover fees from WU / MoneyGram etc.
If there was an Indian exchange system then bitcoiners in India could trade directly. I do believe there is scope for a localbitcoins kind of service in India - I do see that the profile of Bitcoin has been rising steadily in the past 4/5 months (which is also the time of my personal involvement in Bitcoin).
India Bitcoin ke liye tayyaar hai. :-)
I believe it is only a matter of time before an exchange is set up in India for Bitcoin trading.
Right now people like myself are providing/creating some liquidity for India by buying / selling to/from Indian bitcoiners, but out of necessity we have to charge a larger spread and also cover fees from WU / MoneyGram etc.
If there was an Indian exchange system then bitcoiners in India could trade directly. I do believe there is scope for a localbitcoins kind of service in India - I do see that the profile of Bitcoin has been rising steadily in the past 4/5 months (which is also the time of my personal involvement in Bitcoin).
India Bitcoin ke liye tayyaar hai. :-)
Hi Benson Samuel,
absolutely would love to do an article on this. The more exposure we give Bitcoin in India/UK and indeed the whole world the better.
I have PM'd you my contact email so we can discuss further.
I look forward to hearing from you soon.
Best regards
Tenakha
absolutely would love to do an article on this. The more exposure we give Bitcoin in India/UK and indeed the whole world the better.
I have PM'd you my contact email so we can discuss further.
I look forward to hearing from you soon.
Best regards
Tenakha
India is quite big in regards to IT. And as I understand it, lot's of work is outsources to India. What about using bitcoins more, what about a bitcoin exchange there ?
What is the current status?
What is the current status?
Very nice tenakha.
would be nice to do an article on this.
lemme know if you are up for it.
would be nice to do an article on this.
lemme know if you are up for it.
Good story.
Hi,
just wanted to advise - I have successfully traded with a gentleman based in India.
I bought BTC from him and was able to make payment to him via MoneyGram.
I sent pounds GBP - which were converted to INR. He was very easily able to receive the money in Dehli.
I bought the BTC at a discount and he kindly paid the transfer fee also - which was only 9.95 GBP.
I am very much looking forward to buying more BTC from Indian bitcoiners.
Thanks.
just wanted to advise - I have successfully traded with a gentleman based in India.
I bought BTC from him and was able to make payment to him via MoneyGram.
I sent pounds GBP - which were converted to INR. He was very easily able to receive the money in Dehli.
I bought the BTC at a discount and he kindly paid the transfer fee also - which was only 9.95 GBP.
I am very much looking forward to buying more BTC from Indian bitcoiners.
Thanks.
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