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Posts tagged as “INR”

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…

Ten Really Basic Questions For Cryptocurrency Newcomers Answered

Slowly and steadily exchanges are pulling the plug on INR based trading. This was expected. What I did not expect was the sheer level of FUD this can cause. The markets on Koinex went down by over 50%, we reported when it was 33% down. It appears that the underlying problem here is the lack of Crypto education or understanding. Hence, this article is aimed at answering some of the…

Exclusive: Indian Exchanges To Create A New Token Backed by INR

A new year (fiscal), a new announcement. We have received information from reliable sources who work in prominent exchanges, the Indian exchanges are coming together to create an INR backed Cryptocurrency like the USD Tether. The move is aimed at reducing banking transactions as users can easily trade on multiple exchanges by just converting their crypto to the INR backed currency currently codenamed “INRUPEE”. A central body to overlook the…