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There are several legit companies where you can buy and sell Bitcoin officially in India such as Zebpay, Unocoin, Coinsecure,and Btcxindia. I have personally used Unocoin and Zebpay, both are good.


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If this is a true gift, that is, not part of any larger transaction and given out of the kindness of your heart, then you're probably going to have to consult a tax professional because this will depend on the precise tax treaties between the United States and India. Generally, when you give a gift to another person in the United States, you do not have to ...


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I would go to localbitcoins.com open an account and find a trusted seller with a reputation of 100% and 100plus customers to buy them from a local agent. Be smart about the price of the agent vrs others and exchanges to get the best price.. Bitcoin is not physical it is an encrypted ledger that derives it's price in the power to maintain the encryption(...


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Both Bitstamp and BTC-e are international exchanges that focus on worldwide customers. Because of that, the market is much larger and more liquid and the spreads are more narrow. However, none of these exchanges will convert rupee (INR) or provide local deposits and withdrawals. The local bitcoin exchanges do significantly less volume, so they have to ...


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can someone from India who still have the bitcoin transfer to my Coinbase account in US? At a purely Bitcoin protocol level, yes - Bitcoin does not differentiate between users, locations, individuals, companies, or any other thing. All Bitcoin transactions are equal. Is there any transfer fees or exchange fees that we need to pay in either countries You ...


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Even within a single exchange, different coins usually have very different spreads. Take a look at cryptsy: some coins have an enormous spread (10% - 20% of their value, e.g. UNOcoin, 42coin, etc.) whilst in others the sell/buy orders differ by just 1 or 2 satoshis (Dogecoin and to a lesser extent Litecoin). The reason is the same in all cases: volume. The ...


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Discrepancies in exchange rates can arise from many things, such as: how often the exchange rates are recalculated or cached by the website where the website gets the data from (e.g. there are a lot of different exchange platforms, the live price varies a bit between them all) how the rate is calculated (most exchanges only support BTC/USD as fiat currency ...


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The idea is to sell the bitcoins in India and wire him back the money from the sales proceeds in India. Translate: The idea is that he commits tax fraud because he will not report the sale as income. Which is about the only way this makes sense, given that instead of selling them in an Exchange anywhere worldwide he goes through the trouble of sending ...


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In a nutshell: If I were setting up an exchange, I would look for a back-end that already exists, with a front-end that I could "white label". Firstly, I am a developer that works with Bitshares, so my advice can be considered tainted. In my position, I know the code. I do not necessarily know the business. So take everything I say and place it in context....


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No authority in India expressly authorizes other entities to use PAN or other unique ID cards for customer verification purposes. The entity itself takes such measures since Government issued identities carries trust and uniqueness. No unique identity of any nature is required for transacting Bitcoins. Now, as for the Bitcoin exchanges and other trading ...


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Most of the Indian bitcoin businesses go by the analysis from Nisith Desai and Associates:https://www.zebpay.com/wp-content/uploads/2016/04/Bitcoins.pdf Bitcoin is unregulated in India(not illegal or legal) and only points of dealing with the sovereign currency(INR) are taxable. Rules vary depending on if you mine, earn, buy, invest, sell or spend your ...


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Btcxindia is good. For peer to peer trading you can use localbitcoins


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