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Posts published in “How to”

How to Deposit and Withdraw INR on Coindelta

Recently Coindelta made INR deposits and withdrawal possible with a unique peer allocation model, different variations of those currently deployed by a couple more exchanges like CoinDCX and Giottus.  Under this model, users can now deposit and withdraw INR fiat quickly using IMPS/UPI for a small fee of 0.2%. Here’s how you can do it, and how it actually works behind the scene.  INR Deposits on Coindelta Go to Wallet,…

Types of Crypto Scams on Telegram and How to Protect Yourself

There is a CA in our telegram group. He pointed out that CoinCrunch doesn’t publish many educational articles on securing funds, precautionary measures and avoiding scams. In other news, Bitbns shut down support on their telegram group, now Bitbns users need to open support tickets on the website for any issues they are facing. when asked why did they do it, “Too many users getting scammed”, says Prashant Singh, co-founder…

Here’s How You can Donate Cryptocurrency to Kerala Relief

Kerala is witnessing the worst flooding in 100 years. Over 324 people have died, several thousands are injured and millions have been displaced or lost everything they had in the flood. In this need of the hour, the nation is coming together to help Kerala in every way possible.  From donating money directly to Kerala relief fund to sending tangible goods and non-perishable food items to site, many of our…

You can send Litecoin from Telegram Messenger, Here’s How!

The other day I came across a project that is building a system to enable transfer of Litecoin via SMS. Turns out, their project to allow transfer of Litecoin via Telegram Messenger is already live. The Zulu Republic Foundation manages Lite.IM. The service allows you to register and transfer Litecoin to anyone by entering their email address (only registered users) or their Litecoin wallet address. How Lite.IM works? First, you…

Using Decentralised Lending Apps For Crypto Loans

When I first got interested in Blockchain and cryptocurrency I was told ICO is where the money is. After buying a bit of Bitcoin on Unocoin, I thought I was ready to participate in an ICO so I went on a lookout for one. Ethlend was the one I found. Ethlend is a decentralised Lending platform. You can take a loan by putting your ERC-20 tokens as collateral. I learnt…

The Moon: Marooned Psyche of the Indian Crypto Trading Community

Indian investment options over the past two years have seen a paradigm shift from traditional investments to the Crypto space. This article aims to understand general trading psychology of us, Indians; who often trip over our own shoes, breeding high expectations of making quick profits in this space. The First Flaw All of us enter the crypto space wondering where to start and often find ourselves relying on someone else’s…

How to Register your ETH Address ahead of EOS Mainnet

EOS, the token with no fullform reached an ATH earlier this week in anticipation of the mainnet launch on June 2nd(IST). But you need to be ready for the launch as well. Within 23 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC, all EOS Tokens will become fixed (ie. frozen) and will become non-transferrable on the Ethereum blockchain. We need to make sure…

LocalMonero – No KYC, Email or Phone number required to buy and sell Monero

Monero (XMR), the privacy coin is trading on three exchanges in India – Bitbns, BuyUcoin and PocketBits. All three exchanges have been around for a while now. They are fiat based orderbook exchanges. However, they run a risk of losing their banking partner due to the RBI’s decree to prohibited banks from dealing with exchanges. The solution to such a problem, if it happens, is OTC trade. If I want…

Binance now lets you convert Small Balances of Crypto to BNB

How many times have you been pissed that Binance won’t let you sell smaller denominations of crypto currencies? Plenty, is my answer. If you have a strong referral network, you might be earning good fees but some of them will be too less  in quantity to be sold. Precisely, less than 0.001 BTC in value. But, no more. A new feature on Binance lets you sell off all your small…

Everything about Two-factor Authentication

It increasingly seems like I somehow have managed to run my life around the announcements of my favourite crypto exchanges Coindelta and Koinex. Today is Christmas and I am sitting here writing this post on Two-factor authentication. Although this actually is the need of the hour. Couple days after they made it mandatory to enable two-factor authentication, the telegram communities I help them manage are buzzing with questions about the 2FA. Let’s answer all…