By skipping the verification process Coinsecure hopes to capture new Bitcoin clients.
Coinsecure, the Indian Bitcoin exchange, merchant services and Blockchain developer, announced today the launch of entry level trading for international users as well as for the Indian market.
Last week the Indian Prime Minister Narendra Modi announced without prior warning that high-denomination rupee notes are to be taken out of circulation. After the shocking demonetization announcement, there have been reports of people turning to Bitcoin.
Exchanges across the giant Asian country have reported a jump in their volumes and user base. Liquidity has been a challenge within the Indian market, causing prices of Bitcoin to soar up in India compared to the international markets.
This move from Coinsecure is meant to allow traders to leverage arbitrage across borders and provide an easy entry point for individuals wanting to explore this space within the Indian market as well.
''This move will definitely increase liquidity in India and will also give international users an opportunity to arbitrage from the Indian market. This is a trend we've seen over other global exchanges as well” said Mohit Kalra, CEO and founder of Coinsecure.
New users will now be able to simply sign up, deposit BTC and start trading, without having to complete the verification process unless they need to withdraw or deposit fiat (INR).
CTO and co-founder Benson Samuel said: “This change will be crucial in driving Bitcoin further. Coinsecure has always been committed to providing excellent service and getting more people on board with Bitcoin. This is a decision made to keep moving in that direction.”
Coinsecure also added a new a provision to increase the network fee based on the priority of transactions. Customers will now be able to manually change the default network fee of 0.0001 BTC to anything up to 0.001 BTC.
Last month Coinsecure launched its mobile app for real-time Bitcoin trading on the Android operating system. It aims to target India’s huge and ever growing smartphone user base.
Coinsecure, the Indian Bitcoin exchange, merchant services and Blockchain developer, announced today the launch of entry level trading for international users as well as for the Indian market.
Last week the Indian Prime Minister Narendra Modi announced without prior warning that high-denomination rupee notes are to be taken out of circulation. After the shocking demonetization announcement, there have been reports of people turning to Bitcoin.
Exchanges across the giant Asian country have reported a jump in their volumes and user base. Liquidity has been a challenge within the Indian market, causing prices of Bitcoin to soar up in India compared to the international markets.
This move from Coinsecure is meant to allow traders to leverage arbitrage across borders and provide an easy entry point for individuals wanting to explore this space within the Indian market as well.
''This move will definitely increase liquidity in India and will also give international users an opportunity to arbitrage from the Indian market. This is a trend we've seen over other global exchanges as well” said Mohit Kalra, CEO and founder of Coinsecure.
New users will now be able to simply sign up, deposit BTC and start trading, without having to complete the verification process unless they need to withdraw or deposit fiat (INR).
CTO and co-founder Benson Samuel said: “This change will be crucial in driving Bitcoin further. Coinsecure has always been committed to providing excellent service and getting more people on board with Bitcoin. This is a decision made to keep moving in that direction.”
Coinsecure also added a new a provision to increase the network fee based on the priority of transactions. Customers will now be able to manually change the default network fee of 0.0001 BTC to anything up to 0.001 BTC.
Last month Coinsecure launched its mobile app for real-time Bitcoin trading on the Android operating system. It aims to target India’s huge and ever growing smartphone user base.
Strike's Expansion into Europe Accelerates Bitcoin Adoption
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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