Hey Reddit! I am Sandeep Goenka, co-founder of Zebpay India Bitcoin Exchange. Ask me anything!
Hi /India, I am Sandeep Goenka, co-founder of Zebpay, an app-enabled bitcoin wallet and exchange. About Bitcoin Bitcoin is a digital asset and a payment system. It is commonly called a decentralized digital currency. It was invented in 2009. It is an open source software. This means, that no person, company or country owns this network just like no one owns the Internet. The system is peer-to-peer, that is, users can transact directly without an intermediary like a bank, a credit card company or a clearing house. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. Short explanation on what is bitcoin: https://youtu.be/jiEllBFNaMA A longer version - https://www.youtube.com/watch?v=pmU28mgihB4 About Zebpay & Sandeep Goenka Zebpay is a bitcoin app available for Android and iPhones. It is the most popular bitcoin exchange in India. Users can buy / sell bitcoins, top up airtime and buy vouchers of Flipkart, Amazon and more. Zebpay is the first in the industry to launch bitcoin wallet app that enables bitcoin transactions using a mobile number without any complexities to understand bitcoin addresses, taking backups or fear of losing bitcoins. In just a year, Zebpay app has clocked 150,000 downloads and crossed a turnover of Rs 450 crores. After early adopters, bitcoins are attracting a new class of users like young professionals and HNIs. Users are now using bitcoin as an alternative investment. They are also using it for online shopping, airtime top up, paying bills and buying gift vouchers. We believe India will see an explosion of digital assets like bitcoins in next 2 years. Zebpay is on a mission to spread digital assets and bitcoins in India. Verification Tweet:https://twitter.com/GoenkaSandeep/status/798907303739072512 Verification Image:http://i.imgur.com/qCpIqQU.jpg Date & Time: 21st Nov 2016, Monday, 5PM IST
Edit: Hi everyone! I am live now for the AMA.
Edit: Thank you guys for participating. You can continue to post questions and I will respond to them tomorrow. Edit: I will keep monitoring this post and will reply if there are any more questions. Thanks once again for the additional questions.
Coinbase sets eyes on India, makes bitcoin wallet available. Also India's Bitcoin exchange Coinsecure recently joined Nasscom to connect India to bitcoin, and bring it into mainstream usage across the country.
History of Bitcoin and Crypto in India. Ever since the dawn of crypto back in 2011, the people of India were among the early adopters of cryptocurrencies. Some even became major contributors to various blockchains! However, for a long time, its status in India remained uncertain. Operating from Mumbai, CoinDCX is another safest and trusted Bitcoin exchange in India, known mostly for its future and margin trading. It provides its user’s freedom to buy, sell and trade cryptocurrencies in 100-plus available pairs. CoinDCX platform is available on the web as well as on mobile. The trading fee at this platform is 0.20% only. Flitpay is secure bitcoin exchange wallet to buy, sell, and trade Cryptocurrencies in INR, USD like Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), Tron (TRX) and more crypto assets in India. Start trading now! Bitcoin India™ Software Services Pvt. Ltd. is the one-and-only startup from India providing these types of products and services under one umbrella, the types of tools that every person requires in the crypto space, such as a full-stack digital asset exchange and trade platform, digital asset wallet services, a merchant payment gateway, club The Bitcoin industry in India was once growing at a terrific rate as users were flocking to this digital currency to take advantage of its rapid price appreciation. Meanwhile, the demonetization of the Indian rupee by the country’s government a couple of years ago had led to an increase in demand for Bitcoin, but the sad news is that
Legal status in India: Its not leagal tender. But you can sell or purchase bitcoins and do transaction using it. In 2018 RBI had banned sell or purchase bitcoin for entities regulated by RBI in India. For this tutorial, we are using WazirX which is India’s largest Bitcoin exchange and most trusted one. WazirX has made the process of buying/selling Bitcoin easy, and this is a detailed tutorial ... WazirX is a cryptocurrency exchange, currently in development, that aims to be the most trusted Bitcoin exchange operating within India. In addition to its plans to launch a full crypto exchange ... Cameron and Tyler Winklevoss Gemini brothers: Exchange, Finance, Bitcoin, BTC, Investments 2020 Euro News 74,512 watching Live now The most important lesson from 83,000 brain scans Daniel Amen ... To trade crypto in India, you have to research crypto exchanges to generate meaningful profits. ... 'Fake Bitcoin' - How this Woman Scammed the World, then Vanished - Duration: 17:50.