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Posts tagged as “coindelta”

Coindelta’s ‘Exit Strategy’ Attracts Severe Criticism from the Industry ! other crypto news

This is a daily round up of important blockchain and crypto news between April 3, 2019 and April 4, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.  Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us 1.…

CoinDelta Shut Down: Users Send 2.84 lakh XRP to Binance, 2.6 lakh to Koinex followed by WazirX and Bitbns

It has been a few hours over 2 days since Indian Cryptocurrency Coindelta exchange closed operations. Users have been moving their funds to different exchanges. We followed the outgoing transactions on XRP ledger. Following the trail of XRP XRP is undoubtedly one of the easiest cryptocurrency asset to track. All exchanges have one or two addresses and all the users of the exchanges have unique tags. That makes tracking the…

As Zebpay Shuts Shop, Others Lay Out Offers to Lure users

It has been a few hours since Zebpay announced shutting down their exchange. Zebpay is one of the largest crypto exchanges in India which saw the volume dip drastically after RBI’s ring fencing on regulated entities.  Over the course of last six months since RBI’s controversial decision, Zebpay tried to pivot to various other solutions such as opening a crypto to crypto exchange, listing stable coin such as TUSD and…

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,…

CoinDelta Launches a Week-Long Trading Competition, INR 35000 up for grabs

Starting today, for the next seven days, between 12 AM and 8 PM there will be one specific coin you can trade on coindelta and win prizes if you are the highest trader.  Trading competitions have reduced in frequency but every now and then an exchange keeps us entertained with rewards for high volume traders. Coindelta has launched a new trading ‘carnival’ which is a week long competition and you…

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…

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.…

Coindelta Flux Review: Flexible Peer to Peer Trading

In December last year, I met the entire Coindelta team, wasn’t as big as it is today. Shubham Yadav, the co-founder of Coindelta exchange and I spoke about the developments at CD and the future plans, which obviously got side tracked, thanks to RBI. But ever since I started Coin Crunch, Shubham has stopped sharing what is going on at Coindelta. Needless to say, I wondered what their plan B…

Judgement Day on Cryptocurrency: SC pushes hearing to Sep 11 for Final Disposal

The Apex court of India heard limited arguments on Cryptocurrency’s validity in India from IAMAI and RBI before pushing the case to September 11 for the next and final hearing. According to sources, it was pushed because the other respondents on the case like SEBI have not filed their response yet. All the respondents must respond within 4 weeks time from now. September 11 will be the day Supreme court…

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…