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Ended: Trading Competition: TRX Giveaway upto INR 30000

Tron is by far the most traded coin in India. The volumes goes into millions on Zebpay and Koinex. Sometimes even on WazirX – on days of Highest trader competitions. So it must have been in the minds of the team at CoinDCX exchange as they have launched a trading competition for TRX. Winners get Trader who trades (Buy/Sell) for maximum volume of Tron coins during the course of competition…

GST on Crypto: Gaon Basa Nahi, Lutere pehle hi aa Gaye

Chances are you have already received that “one important message” from someone, an article about GST on Cryptocurrency. Goods and Services Tax on Cryptocurrency According to the report, a proposal to apply GST on Cryptocurrency is being considered by Central Board of Indirect Taxes and Customs. It will be tabled before the GST Council after it’s finalised. Crypto assets will be considered on par with the likes of other intangible…

Move your TRX tokens to an Exchange for a Successful Token Swap

Tron (TRX) is a cryptocurrency that has its fair share of supporters and critics. Almost every time TRX does something, the two sides jump to prove them right or wrong. But one thing everyone can agree on is that for any blockchain project, the launch of mainnet is a really positive outcome. Tron’s mainnet is launching on May 31 and the ERC20 tokens will have to be swapped between June…

How one Exchange Changed the Game for Giveaways in India

Giveaways have become a trend these days in India. Almost all exchanges are doing giveaways or massive referrals. The giveaways though come with conditions. Conditions to trade. Trading based giveaways are not new in the cryptoverse globally. It is no longer new in India too. The biggest giveaways are happening in India and the amounts are going into lakhs of rupees. KoinOK had announced the biggest giveaway for Rs. 6…

Supreme Court Hearing Against RBI for Banking Ban Pushed by One Week

On May 1, a writ petition against the Reserve Bank of India and Union of India was to be listed in court for a hearing. The Petition was filed by four exchanges and two individuals for an interim relief from RBI’s decision on Banking ban. The case was tagged with another petition that hit the news last year, filed by lawyer Dwaipayan Bhowmick. The 43 page petition by Bhowmick is to have…

It is Raining Giveaways on Indian Exchanges

It is about time we take note of some exchanges that are air dropping or giving away cryptocurrency as part of some innovative programs. 1. Chance to Win XRP worth INR 50000 CoinDCX is listing XRP today on May 8. With the listing comes great offers for traders. Competition Timeline: May 8, 2018 to May 11, 2018 (11 PM) First 100 XRP depositors will receive Rs. 100 worth of XRP…

Four more Indian Exchanges move to Supreme Court against the RBI

Four Indian Crypto Exchanges Jointly Assail RBI Banking Siege in the Supreme Court of India. In the third in sequence yet the fiercest attempt of downing the Reserve Bank of India’s circular blocking off banking services to Cryptocurrency exchanges, four Indian Cryptocurrency exchanges have jointly filed a Writ Petition (Civil) no. 373 of 2018 under Article 32 of the Constitution challenging the constitutional validity of the Central Bank’s Circular. The…

A New Indian Exchange With Only Crypto-Crypto Pairing Launches Today

Amid the chaos surrounding RBI’s move to ring fence the banks and payment services from dealing with Crypto exchanges, a new exchange goes live for trading today. CoinDCX, India’s first ‘only crypto-crypto’ trading exchange will allow users to begin trading at 6:00 PM today. CoinDCX is an abbreviation for Coin Digital Cryptocurrency Exchange. The exchange offers several BTC/ETH pairs like Tron (TRX), Monaco (MCO), Litecoin (LTC), Basic attention token (BAT)…

Responses From Exchanges about RBI’s Move to Stop banks from Serving Crypto Businesses

The Reserve bank of India today in a Press Release demanded the agencies that are regulated by them to stop catering to businesses dealing in cryptocurrencies. This means no banks, payment gateways, mobile wallets can cater to Crypto currency exchanges such as Koinex, Zebpay, Pocketbits, etc We will update the official responses from the exchanges to this announcement here: Pocketbits: One of India’s few closed Orderbook exchange Pocketsbits was the…

You can Buy Bitcoin for Cash or NEFT/IMPS at these Exchanges

Despite the RBI’s banking restrictions, buying and selling cryptocurrency in India is now easier than ever. The exchanges in India have found innovative solutions to keep providing incredible services for trading cryptocurrencies in India. Note: The article was published in January when INR deposits and withdrawals were delayed on exchanges, we are updating the article with latest developments in October 2018. By now everyone has heard the news about the INR…