Coinsecure’s Benson Samuel: ‘India’s Bitcoin Interest Spiking’
Over the course of the past few months, bitcoin use in India has been on the rise. During the first week of November Prime Minister Narendra Modi began a demonetization process removing high denomination rupee notes out of circulation. Since then the country has experienced a cash crisis and demand for bitcoin has grown exponentially. A Discussion With....
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Benson Samuel is the CTO & Co-Founder of Coinsecure, a start-up focusing on solving the liquidity problem of bitcoin in India. Following a career in the payments space, Samuel realized that cryptocurrency could solve many of the issues that plagued the industry and took an instant liking to bitcoin. With his newfound passion for bitcoin, Samuel found a critical problem early on, which was the lack of liquidity for bitcoin in the Indian market. This eventually led to the founding of Coinsecure- a bitcoin exchange which hopes to make bitcoin a part of every Indian’s wallet. CoinTelegraph:....
Indian exchange Coinsecure has announced the release of India’s first simultaneous mobile trading app. It’s a bid to tap into the country’s almost 2 million smartphone users. Coinsecure: Mobile ‘Next Step’ In Indian Bitcoin Transition. The app, hot on the heels of rival exchange Unocoin’s offering in August, seeks to woo more experienced traders. It....
The recent DDoS attack faced by Coinsecure led to a temporary disruption of services. Cryptocurrency platforms across the world are constantly under the threat of various forms of cyberattacks. While the attackers’ intentions may be several, they are generally of no good. Yesterday, Coinsecure — a leading Indian Bitcoin trading and blockchain services company became a target of one such attack. According to the company’s communication to its customers, the platform came under a DDoS attack which forced them to disable most of its services for few hours. The attack on Coinsecure seems to be....
India’s Bitcoin Industry is growing at a full pace. As the second most populated country in the world, India is now one of the biggest cryptocurrency consumer industries around the globe. The country financial landscape is teeming with business opportunities and many entrepreneurs are becoming aware of the incredible potential this new technology has to offer. With the rising interest in the bitcoin technology, along came a big wave of funding and investment made into the crypto Industry. A lot of startups have been opening its doors and up until now the government and the country banks....
Bitcoin and digital currency are developing powerful reputations in India. Recently, UnoCoin took the world by storm when it completed a pre-series A funding round that garnered an impressive $1.5 million in funds, setting records within the cryptocurrency arena. Now, Indian bitcoin exchange Coinsecure has launched a new mobile app accessible to nearly 200 million smartphone users that allows real-time bitcoin trading on the go. The app also checks pending orders, withdraws and deposit funds accordingly, and features live order books for user access. Touted as perfect for “bitcoin....