Review of different Bitcoin Exchanges in India..

in bitcoin •  8 years ago  (edited)

Here is the list of Bitcoin Exchanges in India.

BitXoXo.com
Bitxoxo is started by Hesham Rehman a Bitcoin enthusiast. They are currently accepting payments via IMPS/NEFT/RTGS/Cheque Deposit to their accounts. As of now they are accepting major banks like ICICI, HDFC, Axis & YES Bank. Customers can also buy Gift cards with the value of BTC directly. The good part is Bitxoxo never charges any fees. They work on 0% Exchange fees model. They are saying they will get their profit from the difference of buying and selling price of BTC. But still there is small fee when you transfer Bitcoin and Block chain fees may also apply. I personally use this website.

Zebpay.com
• Zebpay is one of the famous platform Bitcoin exchange in India. Customers can only buy or sell Bitcoins with their Android and iPhone apps that make it easy to buy bitcoins with a connected Indian bank account. Apart from Bitcoin exchange Zebpay also offers additional services, such as purchase of mobile airtime and gift vouchers with Bitcoin.

Unocoin.com
• Unocoin In this website customers can buy Bitcoin with any Indian bank account via online banking NEFT/IMPS/RTGS. The fee per transactions is as Low as 1% and will reduced to 0.7% with sufficient trading volumes.

Coinsecure.in
• Coinsecure is another Indian Bitcoin exchange and trading platform. It offers very low fees at just 0.3% per buy and a number of deposit options; including NEFT, RTGS, IMPS and cash deposit. The major negative about this website is the UI Interface, It is geared for traders and may be very confusing for first time buyers. I still don’t know where the settings in this site :P.

Apart from this website we can also buy bitcoins from VirWoX, localbitcoins, Remitano. But the negative side of buying Bitcoins here is users need to double check are they legit or any kind of scams; always follow the rules! Harder to buy large amounts of Bitcoins compared to large exchanges
Slightly to significantly higher prices than regular exchanges;

If anyone wants to buy Bitcoins from India they need to provide their ID verification as it is must and should so it is not private. People can purchase from other sources but need to pay Premium for higher privacy.

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ZEBPAY IS THE ONLY ONE WHICH IS ACTUALLY RUNNING SUCCESSFULLY IN INDIA.

I have sold multiple times on zebpay, never had any problems. However, i would like to point out that the sell price is always highest on coinsecure and the lowest on unocoin. You can see all the price rates of all indian exchanges at http://bitcoinrates.in

Thanks for the info, is there any fee for transferring the Bitcoin to other wallets except Block chain fee ?

No, there is no fees except the blockchain fee.

You can also try out https://coinhero.in which tracks INR prices of all coins on all exchanges in India. It gave me more coins and exchanges than listed elsewhere.. so much easier to track. Than just Bitcoin prices. Regarding comparing best buy price and sell price, you can also see it in the Arbitrage section of the website.