Buy and Sell Bitcoin in India – Bitbns

Bitbns (think ‘BITcoin Buy N Sell’) is the fastest and easiest way to trade any digital coin in India.

bitbns_flashsaleBitbns is a young company with a colossal vision of creating the best digital assets exchange. Made first appearance as a digital assets trading platform with Bitcoin flash sale on 19th December, 2017. Since then, they have launched more than 15 digital assets.

How it works: Sign up Free and Get Rs.100

  1. Rs. 100 would be credited to Bitbns wallet, when the invited user does the trading of worth Rs.1500.
  2. The balance earned via this program can be used only against the trading fee on Bitbns transactions
  3. The Trading fee will be automatically deducted from the Bitbns wallet on successful transactions, from the remaining wallet balance.
  4. The referral program is limited to desktop and mobile browser only. i.e. if you refer a user via Mobile apps, it will not be considered as eligible referral.

Why Bitbns? Sign up Free

Safe and Secure – High grade security for all your transactions.

No Account charges – No charge for creating and holding money (or currencies) in your account.

Automated Buy and Sell – You can specify the price of Bitcoin to buy or sell. The trade happens whenever there is a seller/buyer who wants to trade at that price.

UPI for instant deposits – Deposit your money within minutes using your favourite UPI app—Tez, PhonePe, Bhim or Paytm. No more waiting for hours or days using NEFT.

Trustworthy and Verified Network – All our members go through KYC, PAN card and rigorous ID proof verification on sign up

Reliable Customer Support  –If things go wrong, contact our team in any channel—from Telegram to Reddit. We’ll respond to your issues immediately.

Sign up Free and Get Rs.100

 

Disclaimer: Trading in cryptocurrencies are subject to market, technical and legal risks. The prices fluctuate based on local demand and supply.

Is the XRP Ledger centralized?

This is a common misconception about the XRP Ledger. While Ripple contributes to the open-source code of the XRP Ledger, no single entity owns, controls, or administers the XRP Ledger. It is decentralized. If Ripple ceased to exist, the Ledger would continue on.

Similarly, no single entity centrally controls XRP. A fixed quantity of 100 billion units of XRP were created before Ripple (the company) was formed, and then a portion was gifted to Ripple. Today, Ripple still owns a little more than 60% of the total supply of XRP. In 2017, Ripple placed 55 billion XRP in cryptographically-secured escrow accounts on the XRP Ledger to create certainty of XRP supply at any given time. Each month, one (1) billion XRP is released to Ripple, which it can use to help build a robust and vibrant XRP ecosystem and long-term utility.