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Voucher based INR Deposits on BitBns – Risky or Rewarding?

At the stroke of the midnight, err.. maybe an hour or so later, Bitbns announced a new way of depositing and withdrawing INR on their exchange using vouchers. I was reading the ‘tryst with destiny’ speech by Nehru when the announcement happened, sans the mighty opening. The Bitbns ‘Plan B’ for INR deposits now rely on a third party called BidforX. Before we get into how its done and what…

Reality Check: Is BitBns Faking Trade Volumes?

Today, an exchange Bitforex is under fire for faking trade volumes. An investigation by cryptoexchangerates have revealed that the exchange was faking volumes on huge scales and have accused CoinMarketCap (CMC) to be complicit to it. The exchange jumped from a ranking of 100 to within top 10 exchanges by volume recently, which prompted the investigation. Back on the home turf, it seems Bitbns is pulling off a similar game…

Bitbns becomes World’s First Crypto Exchange to launch EOS RAM Trading

Clive Humbly said Data is the new oil. In the rawest form, like oil, it is useless. But a refined version can be very valuable. To store the data you need space. That memory space on computers, we have come to know as RAM and ROM. There is a RAM on EOS network too. It is 64 gigabytes. RAM is the memory space on EOS network that can be used…

USDT Comes to India with BitBnS Exchange

Bitbns is without a doubt the top Indian exchange in terms of number of crypto assets offered for trading. With 54 assets and all paired with INR, Bitbns can double the number of trading pairs by just introducing BTC based trading. The exchange caught the community by surprise when announced the listing of USD tether (USDT) in their next batch of coins. PundiX (NPXS), Lisk (LSK) and Ethereum Classic (ETC)…

Ended:Trading Competition: ZIL on Bitbns

Today is the day to win a lot of crypto by trading on exchanges. Many exchanges are running trading competitions Bitbns exchange is running a trading competition for ZIL – Zilliqa today. Winners get Highest trader by volume gets 1200 ZIL Highest trader by number of trades gets 600 ZIL Date and Time The competition starts on May 23, 9 PM – May 23, 11 PM Contingency Minimum traded volume…

What is Zilliqa? The new coin Just launched on Coindelta and BitBns

It’s raining Crypto in India. Nope I am not talking about Airdrops. I am talking about exchange listings. With a new listing in the Indian market almost everyday, today is no different. Indian crypto exchanges are listing Zilliqa (ZIL), Ontology (ONT) and 0x Project (ZRX) today. Although ZRX has been trading on Koinex and Oxybit already, ZIL and ONT are making a debut. Zilliqa is launching simultaneously on Coindelta and…

Ex-Bitbns Admin accused of scamming hacked user Account, Stole 4962 XRP

Earlier we reported that a user Ashish (name changed) was a victim of an email scam. He received an email from an account koinex.in@gmail.com to transfer 6900 XRP tokens. Of which he transferred 4962 XRP tokens. We determined that the scammer is an employee of Bitbns exchange and promptly informed the team. Bitbns clarified that scammer Arijit Dey who also goes by @dCryptoMania on Telegram was just an administrator of…

Deposits Not Credited to BitBnS as Unocoin Transfers ETH Using Smart Contract

Dr. Who, a telegram user shared his agony on various telegram groups. He transferred 0.879 ETH from his Unocoin wallet to his BitBns wallet 3 days ago. The ETH never reached his wallet even after several confirmations. BitBns support eventually revealed the reason, it was sent from a smart contract.  Bitbns did recover the user’s ETH but charged a hefty fee of 0.1 ETH. But Dr Who is the lucky one.…

Neo Based RedPulse (RPX) and DeepBrain Chain (DBC) Launched on BitBnS

The Altcoin market in India seems to be on a rise and particularly for the cheap coins. Altcoins newly available on Indian exchanges can be bought for as low as Rs. 2 per unit. Joining the party now is BitBnS Cryptocurrency exchange. The Buyhatke’s ‘hatke’ venture just announced RPX and DBC trade on their exchange. In the past few days we have witnessed launch of DGB, REQ, RPX, DBC, Zcash…

Bitbns Android App Review – Focusing on Ease of Use but it isn’t Perfect

Alright, something we all have been waiting for. Although there were people who helped Beta test BitBns’s Android app, I had decided to get my hands on the official version only, whenever it launches. The time is now. BitBns App is in my Oneplus 5, let’s have a look. By the way, I am their second downloader. Oh I know the statistics take time to update, but let me be…