Indian Bitcoin Companies Are Finding Ways to Engage Their Customers
In spite of its huge potential, India is still catching up with Bitcoin. If currently has a handful of Bitcoin based companies, and the user base is small, but growing nevertheless. Due to the lack of awareness about Bitcoin, or presumed complicated nature of Bitcoin transactions, the rate of adoption is slow. Conventionally, Bitcoin transaction requires the user to manually enter the Bitcoin wallet address of the recipient or scan the QR code with wallet address and send the required amount of bitcoins. The process involves multiple steps, and for those who are not familiar with it find....
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Three companies allegedly running a large-scale cryptocurrency Ponzi scheme are being investigated by Indian police. The scheme promises extraordinary returns to investors. The police have registered a case against the alleged CEO of the companies. Large-Scale Indian Crypto Ponzi Scheme Indian police are reportedly investigating three Bengaluru-based companies over a cryptocurrency investment scheme that has lured investors from all over India. The companies are Long Reach Global, Long Reach Technologies, and Morris Trading Solutions. They are allegedly connected to “a multi-crore....
Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an executive of a crypto firm. Major Crypto Exchanges Want to Enter India Global crypto exchanges are exploring ways to enter the Indian cryptocurrency market, Reuters reported. Four sources told the publication that U.S.-based Kraken, Hong Kong-based....
Coinsecure, one of the Indian Bitcoin companies now allows the international community to trade on Indian cryptocurrency market. India has recently been in the news for all the wrong reasons. The government’s move to demonetize bank notes of larger denominations viz., INR 1000 and INR 500 has created a cash crunch in the economy, renewing interest among the countrymen in Bitcoin. Since the news of demonetization was announced, the Indian “Big Four” Bitcoin companies — BTCX India, Coinsecure, Unocoin and ZebPay have been fielding hundreds of inquiries about the digital currency. The Indian....
On this episode of "Meet The Taco Plebs," Indian Hodl shared his story of finding Bitcoin, opting out of the fiat system and what he'd like to work on in the future. The post Interview: Protecting Our Savings In Bitcoin With Indian Hodl appeared first on Bitcoin Magazine.