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Coin Crunch India

RTI Reply: RBI silent on SC Judgment, CBDC and policy on Virtual currencies

Reserve Bank of India’s circular restricting banks from serving crypto exchanges and traders was quashed by the Supreme Court of India on March 04, 2020. However, RBI has not revised its circular nor has it redacted it from the site. RBI refused to provide any information on the RTI request raised by Coin Crunch India including that of their policy on Virtual Currencies and on Central Bank Digital Currency (CBDC).…

Event: Let’s Talk Crypto with Naimish Sanghvi on Saturday, April 25

Coin Crunch India’s founder Naimish Sanghvi will be speaking about Cryptocurrencies on a Youtube Live session with BChain Dynamics on April 25, 2020. BChain Dynamics, a community of Tech Enthusiasts regularly conducts events and sessions with experts speaking about several topics. Coin Crunch’s founder will be talking about Cryptocurrencies, the need for it, how to trade them in their next session. Date: Saturday, April 25Time: 07:00-08:00 PM The event will…

Event: Impact of Coronavirus Pandemic on Crypto Industry, Thursday April 23

The next event by TradeFest 2020 is an online panel discussion on what is the impact of Covid19 on the crypto industry, whether it is a threat or a blessing! TradeFest has conducted several events since its inception in 2018, in a bid to educate and bring the crypto community together. It is organised by Koinfox Trading Platform and have been conducted not just in India but also in other…

Giottus Exchange Launches Support for Multiple Bank Accounts for INR Deposits and Withdrawals

In a bid to ease Crypto trading for users, Indian Cryptocurrency exchange Giottus announced its support for adding multiple bank accounts for INR deposits and withdrawals last week. Indian cryptocurrency exchanges follow varied rules and protocols for self regulation, some exchanges put extra effort to ensure bank accounts of users are verified and cannot be misused. However, many exchanges only support INR deposits and withdrawals to and from the exchange…

How is Kraken and WazirX preparing for Bitcoin Halving, find out this Thursday

Update: The event has been postponed. We will update the page with new dates soon. On Thursday, April 23 6:00 PM – HumanStar is conducting a webinar with Kraken’s Raheel Ahmed and WazirX’s Nischal Shetty to discuss Indian & Global perspectives on BITCOIN HALVING challenges. First of the many websinars in the Knowledge series by HumanStar will be focusing on what exchanges are doing globally for a possible storm coming…

Making Bitcoin Anonymous Again – With CoinJoin Using Samurai Wallet and Whirlpool

April 5 was Coinjoin day, to celebrate, we tried the Samourai Whirlpool mobile mixing on testnet and spoiler alert it worked. The article is about the what it is and the importance of CoinJoin, the ability to do so using several tools, and how to do it yourself. Coinjoin is a kind of bitcoin transaction in which few peers participate using their UTXOs (Unspent outputs from Bitcoin transactions OR just…

CoinDCX lists Crypto.com’s MCO token paired with INR and BTC

Hong-Kong based popular payments and cryptocurrency platform crypto.com makes its way to India with a listing on Mumbai based CoinDCX exchange. Some of you may recognise crypto.com from the “Time for plan Bitcoin” ads on bill boards, buses and trains. Launched in 2016, boasting over a million users, Crypto.com provides several services like a steel crypto debit card in certain countries, the ability to earn interest on crypto holdings, a…

Indian Bitcoin Trading Volumes Accelerate post SC Judgment on Local and International Exchanges

Most local exchanges have fully functional INR markets but haven’t toppled the volumes of international Peer to Peer Exchanges like Paxful and LBC. Infact there is a sizeable increase in Volumes on P2P exchanges as well. It is close to a month since the honourable Supreme Court of India quashed Reserve Bank of India’s “Banking Ban” that prohibited Banking support to exchanges. Many exchanges rushed to on-ramp INR deposits and…

Colodax Exchange Review: Good liquidity, low fee, Cards, UPI Deposit via Mobikwik and more

Colodax Crypto exchange offers zero fee INR deposits and withdrawals, payment gateway for credit cards and free deposits with Rupay cards. The BTCINR market has good liquidity. The exchange offers both Android and iOS apps. The team behind Mumbai based Colodax exchange is the same that launched Crypdates, an arbitrage indicator app back in 2018. Even before the RBI banking ban was quashed by the Supreme Court, Colodax was guaranteeing…

Indian Crypto Exchange Withdrawal Fee – May 2018 Vs Apr 2020

BTC Withdrawal fee remains almost similar, yet ETH withdrawal fees are up 3-10x. Back in May 2018, none of the Indian Exchanges actually had USDT or any stable coin listed on their exchanges. For those of you who follow me on twitter, know that I worked 22 hours to prepare a Google Sheet with Crypto Withdrawal Fees on Indian Exchanges. It would have taken me just 4-5 hours to copy…