comparative analysis with similar exchanges. On the whole, Bitcoins legal status in India is not too positive. Indacoin is very similar to, coinmama exchange because it also offers credit or debit cards only as payment methods. Recommended to everybody who deal with buying crypto currency. The platform is a peer-to-peer (P2P) marketplace where traders like you post ads and buy/sell coins between each bitcoin fees other.
Founded in 2013 with its headquarters in London, this cryptocurrency exchange allows users to buy and sell Bitcoin as well as a selection of altcoins. If you already bought Bitcoins with your card, no additional verification will be required. Considering the size and population of India, it has the potential to be a huge market for Bitcoin. More, what Are Exchanges Buying Limits?
Among others service, honestly this is the only service I use to buy crypto currency. Although i had some troubles and questions, I was almost instantly helped by their support team. Read our tutorial about the exchange as we list out its fees, payment methods, supported countries, verification requirements and much more.
You need to wait for 4 days to get that second limit and additional 7 for 500. LocalBitcoins provide the facility juriste monnaie to trade in various ways depending upon the buyer and seller that can be either cash or bank transfer. It increases security of your assets, especially since Indacoin is a legitimate company. Elior Moore As I'm only starting to taste everything that surrounds the cryptocurrency world, making an exchange at their website is more than simple. The service and platform I've been looking for! Its awesome they have alt coins to buy direct as well. You can also purchase coins with credit cards expressed in other currencies but you should then take into consideration exchange rate as well, which can add more costs to your transactions. Then, simply click Withdraw and wait for up to a day for coins to be transferred to your external wallet. Conclusion As can be seen, Bitcoins status in India is a bit on the downside. Is It Legal to Work with Indacoin? Really recommend this to all after my first positive experience. Exchange offers a secure environment for BTC purchase, with no large incidents.