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Posts tagged as “INR deposits and withdrawals”

First Impression: Coinswitch Kuber Might just be the Fastest Way to Buy Many Crypto Assets

With KYC completion in Five minutes, UPI for instant INR deposits and two click crypto trading, Coinswitch Kuber may be the fastest way to buy or sell Crypto. But there are few corners that need to be smoothened. Coinswitch Kuber officially launched today and we are here with the first impression of the mobile app that promised 100+ Crypto asset trading on your phone. Registration and KYC User can register…

BitBns Instant Withdrawals for INR are Live, Here are our Test Results

Last night a notification went out to all Bitbns App users, “Instant Withdrawals are now Live”. So we attempted it to see if they are actually instant or is there a Caveat. Late Comers Bitbns is one of the few exchanges in the list which does did not offer instant or fast withdrawal. In fact, on certain occasions it took over three days to receive INR in bank accounts. They…

Pocketbits Open 24 Hour instant INR Deposits, Free until May 3

After the favourable judgment by the Supreme Court quashing RBI’s Banking Ban, the crypto exchanges in India are leaving no stone unturned to improve the services for their users. Pocketbits, one of India’s only closed order-book exchange currently operational, announced last week a feature that satisfies the ever growing need of Instant gratification. The exchange now offers instant INR deposits. Although the withdrawals are currently being processed within 24 hours,…

INR Deposits and Withdrawals Status on Crypto Exchanges

In light of the quashing of Banking Ban by the Supreme Court, many exchanges are opening their their INR Deposits and Withdrawal services. The below table will be updated regularly for the current status of INR across exchanges. If we have missed out on an update, do hit us up on Twitter DM. The Status of INR on Crypto Exchanges Read: Crypto Withdrawal Fees in April 2020 Last Updated –…

Testing Giottus Exchange Zero Fee Instant INR Deposits and Withdrawals

Giottus Crypto exchange announced free INR Deposits and withdrawals with a guarantee of withdrawal in 10 minutes. In this article we will test the same. Now that the Banking Ban from RBI has been quashed by the Supreme Court, crypto exchanges will be free to open bank accounts and provide INR deposits and withdrawal services to their users. Earlier today Giottus exchange made such an announcement. The exchange is offering…

Bitbns Introduces ‘Super Peer’ for Quick High Volume INR Deposits & Withdrawals

Super Peers are high volume traders on the USDT/INR peer to peer market. This will reduce number of transactions that traders have to do to deposit or withdraw high volumes of INR. Bitbns, one of India’s prominent crypto exchange launched a new feature on their platform on Friday. Any user depositing or withdrawing more than 500 USDT using their USDT-INR P2P platform can now become a “Super Peer”. USDT to…

How to Deposit and Withdraw INR on Koinex

Update: Koinex exchange has shut down its services. Hence no one can deposit of withdraw INR from the exchange. Read more about it here: Two days after we make our list of exchanges that allow INR deposits and withdrawals, Koinex decides to start their own. The new Peer to Peer INR deposit and withdrawal of Koinex looks largely inspired from Bitbns. Under this model, users can now deposit and withdraw…

Which Crypto Exchanges Still Support INR Deposits & Withdrawals and How?

It has been five months since RBI put a ban on regulated entities from dealing with those who deal in cryptocurrencies. The banks had three months to end their relationship with cryptocurrency exchanges. Shortly after July 5 deadline, exchanges stopped INR deposits and withdrawals aligning with the RBI diktat. But, being jugaadu at heart, Indian exchanges went a step further to develop multiple innovative ways to keep providing cryptocurrency trading services…

How to Deposit and Withdraw INR on Giottus

Before any other exchange did it, Giottus announced INR deposits and withdrawals using a hybrid P2P model.  Under this model, users can deposit and withdraw INR fiat quickly using IMPS/NEFT/RTGS/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 Giottus Go to Dashboard, click INR Deposit. Enter the amount and choose the payment method IMPS/UPI/RTGS/NEFT, click…

How to Deposit and Withdraw INR on BitBns Exchange

Update: Bitbns has introduced a USDT-INR peer to peer trading system to facilitate INR deposits and withdrawals. They have also introduced Super Peer system for high volume transactions. Bitbns has kept INR trading active despite the RBI diktat. They haven’t even launched a P2P exchange or a crypto to crypto exchange. Their resilience have to be applauded and their walking dangerously close to the regulatory line while being so, should…