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Posts published in “Peer to Peer”

P2P warning: Banks May Freeze Your Account Based on What you Write in Remarks

Let me clarify with a disclaimer straight away. We at Coin Crunch strongly believe that Peer to Peer trading of cryptocurrency is valid despite the RBI diktat, however we recommend that the trading be done only through reputed and KYC compliant Indian exchanges to avoid any complications.  Read about Peer to Peer Exchanges in India. After weeks of pushing from a few people who are regular traders of Cryptocurrency on Peer…

Instashift lists 10 more coins; Total 26 now offered for Peer to Peer Trade

Instashift, the Estonia based Peer to Peer Cryptocurrency exchange has listed 10 more Crypto assets on their platform. Users can now buy and sell or ‘convert’ a total of 26 cryptocurrencies on Instashift.  The new coins listed on Instashift are: Bitcoin Cash (BCC) EOS (EOS) Stellar (XLM) Tether (USDT) Cardano (ADA) Monero (XMR) Iota (IOTA) Tron (TRX) Ethereum Classic(ETC) Dash (DASH) If you notice, until now, Instashift listed BTC, XRP,…

Exclusive: Optional KYC, Zero Fee and other Features of Coindelta’s Flux 2.0

Coindelta is introducing a major update for its Peer to Peer exchange Flux. The exchange revealed the new features Flux, version 2.0 exclusively to Coin Crunch. The new Flux will be releasing this week and an official announcement should be going out anytime today.  Some New features of Flux 2.0 Optional KYC (lower limits) Zero trading fee for one month Trade limits per order increased to Rs. 10 lacs from Rs.…

Exclusive First Look: DCXinsta Guarantees Crypto Purchase with INR in 60 Seconds

Update: We have published a review of DCXinsta. Check it out.  CoinDCX generated quite the hype and equally puzzled some Crypto traders when they announced support for INR based Cryptocurrency trade. A “Faster” Peer to Peer exchange that will deliver any of the purchased 40+ coins/tokens in 60 seconds. They are calling this DCXinsta.  In the announcement, CoinDCX compares traditional P2P model to DCXinsta by pointing out the limitations of…

This Peer to Peer Exchange Offers Fraud Insurance upto One BTC

Now that many exchanges are disabling INR deposits and withdrawals, the lasers of the traders are focusing on P2P trading. Peer to peer exchanges are in the news now that many incumbents like Koinex, WazirX and Coindelta have announced their own P2P products. There are also Peer to peer exchanges in India that were launched before RBI’s announcement. Call it a boon or curse, RBI’s decree may increase trades in…

A Peer to Peer Exchange now offers 15 Crypto Assets in India

India is beginning to look towards trading on Peer to Peer exchanges. The convenience cannot be ignored, nor can the fear.What if the seller takes my money and runs.Exchanges are investing on Dispute handling, fraud prevention and support to avoid such incidents. But only when a trader has used the platform, can he or she truly trust a P2P exchange. The RBI decision in many ways is a boon to…

Flux: How will Coindelta’s Upcoming Peer to Peer Exchange Work

By now, you know the drill. The first line starts with details about April 5, then Supreme court, then Indian exchanges disabling INR deposits and withdrawals. We know it now. We don’t need to repeat it again. In other news, many exchanges announced their own Peer to Peer exchange service to keep facilitating INR based transactions after the RBI’s decree coming into effect. One of them is Coindelta. The Pune…

Indian Exchanges Gear up with ‘Plan B’ as regulatory Deadline Approaches

The atmosphere in the Crypto world of India is both optimistic and fearful. Optimistic for the Supreme Court hearing against RBI’s decision scheduled on July 3. Also, optimistic for regulations as the DEA secretary announced they are close to making a decision on cryptocurrency. Fearful because despite all of these developments, the RBI’s deadline for banks to unwind relationship with exchanges is still in place. The supposed date for the…

Best P2P Exchanges to Buy Bitcoin and Altcoins in India

Update: Multiple Exchanges have been closed. The Below Article is updated on July 09, 2019 Now that July 5 2018 is close and banks will soon be ending their relationships with crypto exchanges, people are wondering how they will trade Bitcoins and Altcoins using Indian Rupees. Some are even wondering what they will do with their holdings. We published the possible ways to keep trading or use your cryptocurrency earlier…

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…