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New Bitcoin Exchange Unocoin Launches In India

New Bitcoin Exchange Unocoin Launches In India

New Bitcoin Exchange Unocoin Launches in India Dec 24, 2013 at 13:00 UTC|UpdatedOct 19, 2015 at 15:58 UTC A new bitcoin exchange service has launched in India, amid a growing wave of digital currency interest in the world's second largest country. Unocoin launched at the well-attended Global Bitcoin Conference , India's first, in Bangalore on 15th December. It is currently running on a 'trial basis' and new verified users are limited to buying/selling 10 BTC per day. Vikram Nikkam, a director of parent company Unobit Solutions Pvt. Ltd, said full cooperation with financial regulations was a key point in gaining acceptance. Local banks were receiving client monies and making payments without issue. He said: "It is an extra special project as it is built to facilitate the value transfer of bitcoins between individuals online in compliance with the KYC and AML policies in India. It is a platform giving every Indian the opportunity to have some bitcoins in their possession and thereby India does not miss out on this technology like we did in the case of the Internet." To become verified, users need to have an Indian PAN (Personal Account Number) and card, which are required for all all documents pertaining to financial transactions in India. They must also supply a full name and contact details with proof of address, and an optional photo. Transfers are handled via linked bank accounts. Users can send and receive bitcoins without limits, and users who trade local currency for bitcoins regularly for 60 days or more are elevated to Gold User status, with higher limits. It's also possible to send bitcoins to a friend via email whether the recipient has an existing bitcoin wallet with Unocoin or not. If not, they would be invited to sign up with Unocoin to claim the amount. Un Continue reading >>

Top 50 Bitcoin Services In Bhayandar West - Best Bit Coin Services Mumbai - Justdial

Top 50 Bitcoin Services In Bhayandar West - Best Bit Coin Services Mumbai - Justdial

"Just Dial/JD verified" means, the information related to name, address, contact details of the business establishments have been verified as existing at the time of registering any advertiser with Just Dial. This verification is solely based on the documents as supplied by an advertiser/s or as per the details contained in Customer Registration Form. We strongly recommend our Users/callers to exercise their discretion & due diligence about all relevant aspects prior to availing any products/services. Please note that Just Dial does not implicitly or explicitly endorse any product/s or services provided by advertisers/service providers. For more details please refer to terms and conditions. Your requirement is sent to the selected relevant businesses Businesses compete with each other to get you the Best Deal Your number is in NDNC (National Do Not Call Registry), we have sent verification code via SMS. Please enter the verification code in the box below and click SUBMIT. Your requirement is sent to the selected relevant businesses Businesses compete with each other to get you the Best Deal You have reached your maximum limit of attempts for the day. We are therefore unable to send any SMS on the mobile number provided by you. Your details have also been forwarded to concerned Listings. The information shall be reviewed and processed by our team. Continue reading >>

Mumbai's First Bitcoin Millionaire Breaks Down The Latest Cryptocurrency

Mumbai's First Bitcoin Millionaire Breaks Down The Latest Cryptocurrency

Mumbai's first bitcoin millionaire breaks down the latest cryptocurrency Jul 07, 2017, 11:03 IST | Gaurav Sarkar Now, it is possible to-quite literally-put your money to work for you. Well, in theory at least, thanks to the Ethereum network Bitcoin remains limited in terms of functionality. Ethereum is a decentralised platform that runs Smart Contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Now, it is possible to-quite literally-put your money to work for you. Well, in theory at least, thanks to the Ethereum network. Over the past eight months, investors and analysts have noticed the rocketing rise of Ether, the three-year-old cryptocurrency associated with Ethereum, a network based on the blockchain technology, exactly like the Bitcoin. For those who are new to the world of cryptocurrencies such as Bitcoin and Ether, these are digital forms of money that live online, whose movements are recorded in embedded algorithms. Bitcoin was the world's first major cryptocurrency. We reached out to one of Mumbai's first Bitcoin (BTC) millionaires, Akshay Gautam Haldipur. He made his first crore last year. At the time, Akshay had picked up four Bitcoins for $20-25 each. Today, Bitcoins are valued at roughly $2,300 each. "Ethereum is the new technology that people have jumped onto, as the network provides flexibility for products if you're implementing it at a company. My projection for Ether is that it should touch close to around $700-800 by the end of the year if everything sails smoothly. It definitely has a faster growth rate than BTC, which, predictably should touch close to between $4,500 and $5,500 by December 2017 and between $11,500 and $13,000 by early next year if all goes well." Continue reading >>

Ripple Claims A Stake On India As It Opens A Office In Mumbai

Ripple Claims A Stake On India As It Opens A Office In Mumbai

Ripple claims a stake on India as it opens a office in Mumbai Ripple claims a stake on India as it opens a office in Mumbai India is one of the more innovative regions in the world when it comes to digital finance. Various mobile payment applications are competing with one another. Cryptocurrency has also cemented its own legacy in the country as we speak. Ripple is the latest company to try and stake their claim in the country. A new Mumbai office has been opened, which will bring Ripples technology to India for the foreseeable future. This is another major step in the global expansion plans of this blockchain company. Many fintech companies look at India as the next frontier waiting to be conquered. It is certainly true the region makes a lot of waves in the financial sector as of late. It is also a region which can greatly benefit from global payment services. Remittances and money transfers play an integral role in Indias economy for quite some time now. Providing a frictionless solution is what Ripple aims to do moving forward. Their new Mumbai office has been officially opened. The company also appoints Navin Gupta as country manager for Ripple India. Indias government recently unveiled a bold plan to transform the economy into a digital-first society. That is a rather ambitious goal, even in this particular region. Despite a strong focus on digitization these past few years, the digital economy is only now gaining serious momentum. Experts predict the regions digital economy will reach $1tn by 2022, though. Being part of this mindset is of the utmost importance for companies such as Ripple. Moreover, there is a growing need for unified platforms to bring banks and payment providers into the Digital Age. CEO Brad Garlinghouse explains this decision as follows: In Continue reading >>

Bitcoin: Here Is How Indian Techies Are Minting A Fortune In Bitcoins - The Economic Times

Bitcoin: Here Is How Indian Techies Are Minting A Fortune In Bitcoins - The Economic Times

BENGALURU: When 32-year-old Harshad Gawde first invested in bitcoins in 2013, he couldn't have expected the returns from it to sponsor an all-India tour, beginning with a six-month trip through Roopkund hills in Uttarakhand. He will be living off $15 daily payouts from that investment. "I invested in bitcoin when one coin was worth Rs 28,000, one-tenth of what it is today," the Mumbai-based Gawde said. On August 30, one bitcoin was worth Rs 2,91,822its value skyrocketing since Donald Trump's election as the US president in November and spawning an industry of auxiliary services for people rushing in to find gold in the virtual currency. Bitcoin is a decentralised, paperless cryptocurrency invented by Satoshi Nakamoto, an alias for an anonymous programmer in 2009. Unlike traditional currencies, crypto coins are not produced by a central authority like a bank or a consortium. It is a mathematical formula. These coins are produced by massively souped-up computers, called 'mining rigs', that solve complex math problems to obtain these virtual currencies. A ledger records all the transactions. A typical crypto currency mining rig runs round-the-clock, its performance depending on the high-end graphic cards and cooling systems used not an inexpensive proposition at an average Rs 3 lakh a machine. Even so, several online vendors as well as individuals are investing in these machines to mine crypto currencies. A Chandigarh-based online vendor, who calls himself Letsmine, is one such 'miner.' He has built and sold 90 mining rigs through eBay at a base price of Rs 3,00,000 each. Letsmine has been selling rigs for the past one year, assuring customers that the investment can be recovered in 8-9 months. Not just building rigs, "we even host rig of others at a monthly cost. We will Continue reading >>

Bitcoin Atm Map Find Bitcoin Atm, Online Rates

Bitcoin Atm Map Find Bitcoin Atm, Online Rates

Bitcoin machine gives an easy and fast way to buy and sometimes sell bitcoins for cash. Asking yourself where is bitcoin ATM near me ? Use our map to find closest locations. Among other details provided you can find online prices, bitcoin ATM fees and limits for many bitcoin machines. Don't know how to use a bitcoin ATM? Start with our tutorials: How to use bitcoin ATM for buying bitcoins and How to sell bitcoins for cash using bitcoin ATM . If you decided to run your own bitcoin ATM check how to launch a bitcoin ATM , what are the most important steps and processes to be organized. Continue reading >>

Despite Rbi Warning, 2,500 Indians Investing In Bitcoins Daily. Here Is All You Should Know About Its Usage & Dangers

Despite Rbi Warning, 2,500 Indians Investing In Bitcoins Daily. Here Is All You Should Know About Its Usage & Dangers

Despite RBI warning, 2,500 Indians investing in Bitcoins daily. Here is all you should know about its usage & dangers Bitcoin is a digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. MUMBAI: Despite the Reserve Bank's call for caution to people against the use of virtual currencies, a domestic Bitcoin exchange today said it is adding over 2,500 users a day and has reached five lakh downloads. Zebpay, an app-absed Bitcoin exchange, said it has had five lakh downloads on the Android operating system and is adding more than 2,500 users every day. The company, launched in 2015, said, the increasing downloads highlight the "growing acceptance of Bitcoins as one of the most popular emerging asset class." RBI has been repeatedly flagging concerns on virtual currencies like Bitcoins, stating that they pose potential financial, legal, customer protection and security-related risks. In recent cyber attacks, " ransomware '' hackers held victims hostage by encrypting their data and demanding them to send payments in bitcoins to regain access to their computers. Bitcoin is a digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. Bitcoin is not tied to a bank or government and allows users to spend money anonymously. The coins are created by users who 'mine' them by lending computing power to verify other users' transactions. They receive bitcoins in exchange. The coins also can be bought and sold on exchanges with US dollars and other currencies. One bitcoin recently traded for $1,734.65, according to Coinbase, a company that helps users exchange bitcoins. That makes it more valuable than an Continue reading >>

Bitcoin India's Mobile Digital Money Wallet

Bitcoin India's Mobile Digital Money Wallet

Bitcoin India is the worlds most secure Digital Mobile Wallet provider in the Industry. Your mobile is your Digital Money Wallet now, easy to carry your money. Bitcoin Indias Digital Mobile Wallet - A single mobile wallet where you can keep all your Money (INR - Indian Rupees) together with other virtual secure payment tokens like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). It's Free to deposit funds to your Bitcoin India digital mobile wallet from your bank account. Bitcoin India Wallet is an all-in-one Mobile e-Wallet that lets you securely complete payments via digital tokens, such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Dashcoin (DASH). We accept INR, on both the web and mobile applications. Now, merchants can accept Bitcoin through our app and receive INR deposits daily. A SEAMLESS WAY TO BUY/SELL BITCOINS; We've developed a new feature that allows you to buy bitcoins by transferring funds online from your internet banking. Now, you can secure, transact and buy bitcoins directly from our wallet or from the exchange/trading platform. It's a new standard of bitcoin security and fully insure your assets in the Vault in cold wallets, so that you can assured your money is highly safe and sound. Continue reading >>

The Secret To Buying Bitcoin With Cash

The Secret To Buying Bitcoin With Cash

Lets face it getting ahold of your first bitcoin isnt easy. It may seem like buying a digital currency should be as simple as entering a payment amount and a credit card number into a website form. But if youre like thousands of beginners, youve discovered the surprising, disappointing truth: it doesnt work that way. Worse, buying bitcoin seems to either involve the digital equivalent of root canal or a shady cash deal with a total stranger. Fortunately, US residents can take advantage of another option. It does away with the need for credit cards, bank accounts, picture IDs, and biometric scans. It can work with as little as $5 cash. Best of all, this option eliminates the need for awkward meetups with total strangers. Localbitcoins helps match bitcoin buyers with sellers. Since 2012, this international service has earned the reputation as a top marketplace for in-person bitcoin trades. Localbitcoins counts over 110,000 active traders exchanging 1,400-3,000 bitcoins in daily volume . In-person meetings are only needed during the actual transfer of cash. Localbitcoins handles the rest of the transaction online. Fortunately, Localbitcoins supports a variety of payment methods. The one Ill show you here is called Cash Deposit. Cash Deposit offers a legal, effective, and reliable way to get your payment to a Localbitcoins seller without an in-person meeting. You may have previously deposited cash into your own bank account by filling in a deposit slip and handing both cash and the slip to a teller at a local branch. It turns out that anyone who knows your bank account number can give you money by doing the same thing. Banks generally dont care whether you own the account. Cash can be deposited in any branch nationwide - not just the one the account owner normally uses. Lo Continue reading >>

Best Buy Sell Bitcoin In India, Bitcoin Exchange Trading Bangalore, Kolkata

Best Buy Sell Bitcoin In India, Bitcoin Exchange Trading Bangalore, Kolkata

1.Register and Create a free Bitcoin Wallet To create a free account with us, follow the simple instructions. Create a username and password and your account is live within seconds. Once your account is created, you can put the funds into the account via bank transfer, cash deposits and other payment modes. You can add your preferred bank account to receive payments and before sending in any payments, we will verify your account. Once your preferred bank account has been added and you have the funds in your Bitcoin wallet, you can start trading with Bitcoins.We help keep you updated about the price fluctuations in the market and intimate you on the current rates at times of trading. You can receive direct payments to your verified bank account. We provide a platform for individuals to trade in bitcoins and an opportunity for those interested in trading in bitcoins. We offer a bullet proof crypto-currency wallet with an automatic deep freeze storage that is rare and extremely safe, leaving the individual well equipped to trade with bitcoins. With Belfrics secure payment gateway, you will be ready to sell your product to any bitcoin user, irrespective of where he is located.Our platform provides a market place for individuals looking to buy and sell bitcoins. Our powerful API interface enables you to execute automated trading with great efficiency and permits you to have a smooth trading experience. Continue reading >>

Koenig Rolls Out Training Course On Bitcoin In India

Koenig Rolls Out Training Course On Bitcoin In India

Koenig rolls out training course on Bitcoin in India Koenig rolls out training course on Bitcoin in India Upon completion, students the learn use of Bitcoin for transactions in an easy hassle free manner Article saved successfully to my page. You must be Logged in to save article. A+ a- 0 Open FREE Demat Account and get access to indepth research on 500 stocks By clicking on submit button, you authorize IIFL & its representatives & agents to provide information about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters etc. . you confirm that laws in relation to unsolicited communication referred in National Do Not Call Registry as laid down by Telecom Regulatory Authority of India will not be applicable for such information/ communication. Koenig Solutions Ltd., global leaders in offshore IT Training, announced the launch of a course on Bitcoin, the digital currency based on an open source peer to peer software. The latest rage in the online world, Bitcoin is the new financial language of netizens who prefer paying online for goods and services. Designed as a four day programme, the course will be offered from all Koenig centres in India. In layman terms, Bitcoin is a form of digital currency which is controlled and stored electronically on computers and mobile phones spread across the internet. It's not merely a simple currency but also a means to circulate, share and transact, just like PayPal or VISA. Bitcoin lets you hold money, spend and trade it too, very easily and cheaply. The open source software controlling it operates on a set of mathematical equations and laws and also by those who collectively manage this service. Commenting on the new launch, Mr. RohitAggarwal, CEO and Founder, Koenig Solutions L Continue reading >>

Bitcoin Billionaires

Bitcoin Billionaires

We have noticed that you have an ad blocker enabled which restricts ads served on the site. Please disable it to continue reading Mumbai Mirror Napeansea Road-resident Ankesh Kothari has invested in a China-based firm, ASIC Miner, which uses powerful servers to mine Bitcoins through the day. He hopes that in 10 years, one Bitcoin will be worth $10,000 Stock market is pass. Mumbais youngsters are investing in an avant garde currency, even as the RBI keeps a close watch. Since graduating in mechanical engineering this June, Sanket Shah hasnt bothered hunting for a job. But that hasnt thrown a spanner in his lifestyle. The 21-year-old resident of Ghatkopar (E) spends his days watching movies, hanging out at coffee joints and partying with his friends. The bills arent footed by his printing press owner dad and banker mum. When you hit a certain age, its awkward to ask your parents for money. Since I graduated, I havent taken a single penny from them, he says, with pride. The secret to Sankets self-sustenance lies in Bitcoins - a digital currency launched in 2008 by someone who called himself Satoshi Nakamato. While Nakamato has disappeared since, the Bitcoin has gained in popularity - when it was launched it was worth a quarter of an American dollar and stands at $138 (Rs 8,625) now. Since the Bitcoin is not a regular currency - no stacks of gold or government income govern its value - its rate is governed by demand against limited supply. The algorithm that Nakamato (see box) created allows only a limited number of Bitcoins to be generated. It is estimated that no more than 21 million Bitcoins can be mined over a period of 140 years. According to the programme, the last Bitcoin will be produced in 2140. One of the easier ways of acquiring Bitcoins is much like making any Continue reading >>

Top 50 Bitcoin Services In Kalyan - Best Bit Coin Services Mumbai - Justdial

Top 50 Bitcoin Services In Kalyan - Best Bit Coin Services Mumbai - Justdial

"Just Dial/JD verified" means, the information related to name, address, contact details of the business establishments have been verified as existing at the time of registering any advertiser with Just Dial. This verification is solely based on the documents as supplied by an advertiser/s or as per the details contained in Customer Registration Form. We strongly recommend our Users/callers to exercise their discretion & due diligence about all relevant aspects prior to availing any products/services. Please note that Just Dial does not implicitly or explicitly endorse any product/s or services provided by advertisers/service providers. For more details please refer to terms and conditions. Your requirement is sent to the selected relevant businesses Businesses compete with each other to get you the Best Deal Your number is in NDNC (National Do Not Call Registry), we have sent verification code via SMS. Please enter the verification code in the box below and click SUBMIT. Your requirement is sent to the selected relevant businesses Businesses compete with each other to get you the Best Deal You have reached your maximum limit of attempts for the day. We are therefore unable to send any SMS on the mobile number provided by you. Your details have also been forwarded to concerned Listings. The information shall be reviewed and processed by our team. Continue reading >>

A Booming Bitcoin Community In India

A Booming Bitcoin Community In India

Bitcoin is taking off around the world. Specifically, there is much potential for growth in Southeast Asia, in particular in a nation with the second largest population in the world: India. I had the privilege of speaking with Sunny Ray who is active in the Bitcoin community in Bangalore, India, Nilam Doctor, CEO of Real Bitcoins, and Harsh Patel, proactive member of the Bitcoin Foundation Education Committee who is located in Mumbai. The Bitcoin community in India is continuing to expand. Sunny Ray is currently involved in the unocoin project and serves as an integration partner with US-based Bitcoin payment processor, BitPay. There are over 150 members of the Bitcoin Meetup group in Bangalore alone. India has a climate ripe for the growth and embrace of Bitcoin. India is a top importer of gold and one in seven people in the world live in India. Bangalore in particular is an IT hub in India and many seeking decentralization see potential in the Bitcoin space in the IT community in India. In addition to Sunny Ray, I had the privilege of communicating with Nilam Doctor, another leader in the Indian Bitcoin ecosystem, on his involvement in the Bitcoin space in India. Nilam shared of his activity in Ahmedabad of hosting Bitcoin meetups since January of this year. Nilam has taken his involvement in the Bitcoin space a step further by working to establish a Bitcoin exchange in India by December of this year. I learned from Harsh Patel of the potential for Bitcoin in India. According to Harsh, there are various security communities in India such as ISRA, Null, Clubhack, Team Matrix and the Cyber Security Alliance are interested in knowing and exploring possibilities about Bitcoin. Some members of Indias security community have extended a helping hand for developing Bitcoin i Continue reading >>

Coinsecure | India's Bitcoin Exchange

Coinsecure | India's Bitcoin Exchange

Trade Engine is the Fastest Realtime Bitcoin Exchange in India. We use highly secure and robust technologies to bring you a fast, efficient and easy to understand platform. Trade Engine uses a hybrid wallet solution to store your funds safely in Cold Storage with a small percentage of funds in the hot wallet for immediate withdrawals. The Coinsecure Wallet is our solution for an easy to use, fast and effective way to hold your Bitcoin. Get started without any Verification on India's Best Bitcoin Wallet. Continue reading >>

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