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Posts tagged as “coinome”

Coinome Reopens as a Blockchain & Crypto Enterprise Service Provider

Indian Crypto Exchange Coinome completely shut down last month, only to relaunch as a technology service provider in the Blockchain Space for Enterprises. Coinome, once India’s prominent exchange had to shut down due to lack of clarity in regulations and the central bank’s diktat forbidding banks to do business with Crypto exchanges. But, it is not a setting sun as many had presumed. Coinome moving from a B2C to a…

Ended: Trading competition: Top Ten High Volume Traders in XRP wins Prizes

Coinome Exchange is running a trading competition of their newly listed XRP asset. Trading Reward Prizes for top 10 traders in terms of trading volumes: Top Trader – INR 50000/- Second Top Trader – INR 25000/- Third Top Trader – INR 10000/- Fourth and Fifth Top Trader – INR 5000/- Sixth to Tenth Top Trader – INR 1000/- Date and Time of Competition May 20, 6 PM to June 6, 6 PM Visit Coinome Will…

Coinome Promo Leaked – New UI, XRP & ETH listing, Trading app and more

Everyday we have atleast one update from atleast one Indian cryptocurrency exchange. It is either a new listing, a new feature or a new bank account for INR deposits. But the last time we heard from Coinome, was 7 weeks ago when they launched a crypto-to-crypto market. However, Coin Crunch India has acquired the promo image for a future release of Coinome. The leaked promo is exclusively available on Coin…

INR Deposits and Withdrawals on Indian Exchange Becomes Difficult, Expensive

Cryptocurrency Exchanges are already working hard on ensuring their business stays afloat in India despite the RBI Prohibition on Banks. But, the negative effects of RBI’s decision has begun to show. Expensive Instant Withdrawals Between day before yesterday and today, two exchanges namely Coindelta and WazirX increased their Instant withdrawal fees from 0-30 INR to a whopping 1.18%. It means the withdrawal fee is 1% while the GST on it…

A day after RBI declares War, Coinome launches Five BTC trading Pairs

As pandemonium of anger, confusion, panic and humour brews inside the Indian Cryptocurrency trading community over RBI’s dictatorial mandate on Banks to wind up business relationships with Crypto exchanges, Coinome, an Indian exchange launched a counter measure – Crypto to Crypto trading market. Coinome’s move comes within hours of RBI’s press conference. The exchange launched 5 new trading pairs reportedly BCH/BTC, ZEC/BTC, DASH/BTC, BTG/BTC and LTC/BTC. Only Major Indian Exchange…

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…

UPI Deposits: The Free & Fast Alternative to Payment Gateways

For instant deposits, exchanges offer Payment Gateways. Payment gateways do not support some major banks and charge 2-4% fees for deposits. NEFT/IMPS based deposits take too much time. Exchanges have started using UPI for Deposits to cater to the demand of “Quick” Deposits. But are the people aware of it? One user of an exchange travelled over 1000 Kms to visit their office. Why? To ask how UPI works. Markets…

A Brief Introduction to Zcash (ZEC), the new entry to India’s Crypto Market

Zcash (ZEC) is coming to Indian Cryptomarket soon. Coinome seems to be playing and winning the race to introducing new coins in India. ZEC will be the third coin currently unavailable on any other Open Order book trading exchange in India besides Coinome. The first two being Digibyte and Dash. Trading at a little above Rs. 28000/- with a market cap of Rs 94 Billion and ranking 23rd in the…

Coinome’s new addition Digibyte (DGB) can be India’s next Favourite Coin

A brand for a company is like reputation for a person. You earn reputation by trying to do hard things well – Jeff Bezos That looks like the story of Indian cryptocurrency exchange Coinome. Coinome, one of India’s largest Cryptocurrency exchange is earning reputation for being ahead of the curve and doing hard things well. For example, while many other exchanges still struggle to enable faster INR deposits, Billdesk backed…

A Comparison of All Indian Cryptocurrency Exchanges

The Cryptocurrency space in India is booming at an exponential rate. More and more people are becoming Crypto Traders, Investors and Hodlers; the demand for cryptocurrency is ever-increasing. Several times the exchanges are forced to close down new registrations due to the surge leaving new users in a limbo. Perhaps the exchanges on your radar are not accepting new registrations, have Deposits and Withdrawal Issues or maybe you just want…