ZIL deposits and withdrawals are live from 2 days. The fork is completed and we have successfully migrated to main net.
We understand that tip has been rising recently due to various factors but people should stop worrying about the tips as Bitbns has provided bountiful of awesome innovative features which can make trading very much easier and convenient for Indian traders even after the RBI blanket ban so make best use of them.
One of those awesome features is our three-way P2P system for processing FIAT transactions, You can deposit/withdraw FIAT via three amazing P2P options.
1] UPI/IMPS P2P
2] USDT P2P
3] Vouchers P2P
We noticed that few bad players were manipulating the tip system and were making it hard for genuine traders to deposit/withdraw FIAT hassle-free so we have done a few major changes in it like:
- Tips are capped at market price in grids which means that users cannot place tip higher than the current highest tip until grid requirement is fulfilled by other withdrawers, Which results in no manipulation/over-inflation of tip and withdrawal list
- Tips also have an upper cap to avoid manipulation/over-inflation.
Most of the people who are doing withdrawal right now are doing arbitrage and they are still in profit after giving tips in UPI/IMPS P2P because the price difference between International and Indian exchange is around that much only.
Now as soon as we noticed that major traffic on UPI/IMPS P2P comes from the arbitragers which results in tip percentage to be around the price difference in our native and international market then we introduced USDT market and USDT P2P
- Worried about how to withdrawal without tips?
Read this article -> https://telegra.ph/Want-to-withdraw-without-TIPS-Absolutely-0-tips-Here-are-the-steps-07-13
And these are the benefits of using USDT P2P and USDT market:
https://telegra.ph/Benefits-of-USDT-market-and-P2P-on-bitbns-07-29
One of those awesome features is our three-way P2P system for processing FIAT transactions, You can deposit/withdraw FIAT via three amazing P2P options.
1] UPI/IMPS P2P
2] USDT P2P
3] Vouchers P2P
We noticed that few bad players were manipulating the tip system and were making it hard for genuine traders to deposit/withdraw FIAT hassle-free so we have done a few major changes in it like:
- Tips are capped at market price in grids which means that users cannot place tip higher than the current highest tip until grid requirement is fulfilled by other withdrawers, Which results in no manipulation/over-inflation of tip and withdrawal list
- Tips also have an upper cap to avoid manipulation/over-inflation.
Most of the people who are doing withdrawal right now are doing arbitrage and they are still in profit after giving tips in UPI/IMPS P2P because the price difference between International and Indian exchange is around that much only.
Now as soon as we noticed that major traffic on UPI/IMPS P2P comes from the arbitragers which results in tip percentage to be around the price difference in our native and international market then we introduced USDT market and USDT P2P
- Worried about how to withdrawal without tips?
Read this article -> https://telegra.ph/Want-to-withdraw-without-TIPS-Absolutely-0-tips-Here-are-the-steps-07-13
And these are the benefits of using USDT P2P and USDT market:
https://telegra.ph/Benefits-of-USDT-market-and-P2P-on-bitbns-07-29
Hey there,
July is over, so let’s welcome August with good news, shall we? You have got another coin to trade!
Read more 👉🏻 http://bit.ly/2Kbp7yj
PART Deposits are live Now, Deposit Address - http://bit.ly/2T0nNB4
July is over, so let’s welcome August with good news, shall we? You have got another coin to trade!
Read more 👉🏻 http://bit.ly/2Kbp7yj
PART Deposits are live Now, Deposit Address - http://bit.ly/2T0nNB4
Medium
Particl (PART) Get Listed on Bitbns
Hey there,
Flipkart has teamed up with ICICI Bank to offer 10 percent instant discount to the bank's credit and debit card users during the National Shopping Days 2019 sale. 😍
https://www.flipkart.com/the-bigfreedomsale-store?otracker=hp_bannerads_1_1.bannerAdCard.BANNERADS_Sale_G7REARLUIBAM&affid=buyhatkegm
Amazon Freedom Sale 2019 has just started for Prime members. The sale will open up for everyone else at midnight, August 8. SBI credit card holders will get an instant 10% additional discount across all products.
https://www.amazon.in/Amazon-Great-Indian-Sale/b?ie=UTF8&node=5731634031
👉 On Flipkart if you have to purchase you need ICICI cards for getting 10% instant discount.
👉 On Amazon if you have to purchase you need SBI credit cards for getting 10% instant discount.
What if you don't have these cards? 😱
Worry not, Introducing the world's first P2P card sharing platform https://usemycards.com 😎
You can as a buyer place your request and someone would fulfill the request for you. You just have to put your request and top up the money. You would easily save 5-7% off on every transaction.
As a cardholder you can make good amount of money. You just need to list your card fulfill the order and make money. Card holders stand a chance to make upto 30K a month during sale time.
Join t.me/usemycards to discuss about it. 😄👌
https://www.flipkart.com/the-bigfreedomsale-store?otracker=hp_bannerads_1_1.bannerAdCard.BANNERADS_Sale_G7REARLUIBAM&affid=buyhatkegm
Amazon Freedom Sale 2019 has just started for Prime members. The sale will open up for everyone else at midnight, August 8. SBI credit card holders will get an instant 10% additional discount across all products.
https://www.amazon.in/Amazon-Great-Indian-Sale/b?ie=UTF8&node=5731634031
👉 On Flipkart if you have to purchase you need ICICI cards for getting 10% instant discount.
👉 On Amazon if you have to purchase you need SBI credit cards for getting 10% instant discount.
What if you don't have these cards? 😱
Worry not, Introducing the world's first P2P card sharing platform https://usemycards.com 😎
You can as a buyer place your request and someone would fulfill the request for you. You just have to put your request and top up the money. You would easily save 5-7% off on every transaction.
As a cardholder you can make good amount of money. You just need to list your card fulfill the order and make money. Card holders stand a chance to make upto 30K a month during sale time.
Join t.me/usemycards to discuss about it. 😄👌
Flipkart.com
National Shopping Days Sale 8th -10th August 2019 - National Shopping Days Offers | Top Deals & Discounts
Shop for electronics, apparels & more using our Flipkart app Free shipping & COD.
Court update
1) Petition vs UNION OF INDIA AND ORS. regarding implementing regulation - This one was heard today and adjoured till Jan 2020
2) Merged Petitions vs RBI Bank BAN - This one is ongoing and is getting heard
1) Petition vs UNION OF INDIA AND ORS. regarding implementing regulation - This one was heard today and adjoured till Jan 2020
2) Merged Petitions vs RBI Bank BAN - This one is ongoing and is getting heard
Forwarded from Coin Crunch News Channel
Live updates from court courtesy of CryptoKanoon:
Lawyers representing IAMAI and exchanges are arguing:
-> counsel for exchanges is arguing that RBI restricting banks from providing services to Crypto is a colorable exercise in the guise of consumer interest. It can exercise power in public interest only to the extent as provided under law such as interest of depositors,borrowers etc
-> RBI is its cautionaries gave impression as if some authorization was required for exchanges to run, however no such authorization was required under law.
- > If Crypto was a commodity then SEBI could have stepped in but RBI has nothing to do with it.
- > RBI is only a delegatee of power which cannot exercise same powers as parliament which has a direct impact on legitimate businesses.
-> Court asked Why cant you work without bank?
Counsel answered Any settlement taking place will be converted into cash. users r owners of bitcoin kept in my wallet, when they wish to sell, they sell their bitcoin through my bank account.
-> Court asked show us from your pleadings that any of the company/ business has got shut down due to banking ban effect since this averment is compulsory for making case under article 19(1)g
Counsel showed from page 39 of their writ petition that they have suffered losses.
also showed page 199 stating that exchange has lost users due to banking ban.
-> Manner in which other countries have treated Cryptos has been discussed. Justice Nariman Asked for a detailed chart on that.
-> Technology underlying the Blockchain and Crypto is being explained to the Hon'ble judges.
- > Counsel argues that Cryptos must not be equated to Sovereign Currency i.e., rupee etc.
One is commodity, other is currency.
In support, judgement of Brazilian Supreme Court is being read.
Court hearing ends here. Case will resume on coming Wednesday 14th August 2019.
Thank you!
Lawyers representing IAMAI and exchanges are arguing:
-> counsel for exchanges is arguing that RBI restricting banks from providing services to Crypto is a colorable exercise in the guise of consumer interest. It can exercise power in public interest only to the extent as provided under law such as interest of depositors,borrowers etc
-> RBI is its cautionaries gave impression as if some authorization was required for exchanges to run, however no such authorization was required under law.
- > If Crypto was a commodity then SEBI could have stepped in but RBI has nothing to do with it.
- > RBI is only a delegatee of power which cannot exercise same powers as parliament which has a direct impact on legitimate businesses.
-> Court asked Why cant you work without bank?
Counsel answered Any settlement taking place will be converted into cash. users r owners of bitcoin kept in my wallet, when they wish to sell, they sell their bitcoin through my bank account.
-> Court asked show us from your pleadings that any of the company/ business has got shut down due to banking ban effect since this averment is compulsory for making case under article 19(1)g
Counsel showed from page 39 of their writ petition that they have suffered losses.
also showed page 199 stating that exchange has lost users due to banking ban.
-> Manner in which other countries have treated Cryptos has been discussed. Justice Nariman Asked for a detailed chart on that.
-> Technology underlying the Blockchain and Crypto is being explained to the Hon'ble judges.
- > Counsel argues that Cryptos must not be equated to Sovereign Currency i.e., rupee etc.
One is commodity, other is currency.
In support, judgement of Brazilian Supreme Court is being read.
Court hearing ends here. Case will resume on coming Wednesday 14th August 2019.
Thank you!
(PART) Open Orders are live now. 🚀
Place Your Order Now 👉 (link: http://bit.ly/31C4q4b) bit.ly/31C4q4b
Trading Starts at 7pm (IST)
Place Your Order Now 👉 (link: http://bit.ly/31C4q4b) bit.ly/31C4q4b
Trading Starts at 7pm (IST)
.@ParticlProject - The New Member in our Crypto Family. 🚀👇
Buy and Sell PART with INR only on Bitbns 👉 https://t.co/RuGkwfc89R
#Blockchain #Cryptocurrency https://t.co/g40hx0KZcG
Buy and Sell PART with INR only on Bitbns 👉 https://t.co/RuGkwfc89R
#Blockchain #Cryptocurrency https://t.co/g40hx0KZcG
Live updates on the court case by cryptokanoon
https://twitter.com/cryptokanoon/status/1161503291584536576?s=09
https://twitter.com/cryptokanoon/status/1161503291584536576?s=09
Twitter
Crypto Kanoon
#Crypto v.#RBI Case is listed in Court no 4 as item no. 1 today. Court about to be resumed in few minutes. After the Court starts, few minutes will go in dealing with "urgent mentioning" matters. Stay tuned..
Thread by @cryptokanoon: everything that happened at court in today's hearing on IAMAI vs RBI #Crypto #RBI
https://threadreaderapp.com/thread/1161503291584536576.html
https://threadreaderapp.com/thread/1161503291584536576.html
Threadreaderapp
Thread by @cryptokanoon: " v. Case is listed in Court no 4 as item no. 1 today. Court about to be resumed in few minutes. After…
Thread by @cryptokanoon: " v. Case is listed in Court no 4 as item no. 1 today. Court about to be resumed in few minutes. After the Court staill go in dealing with "urgent mentioning" matters. Stay tuned.. The Court resumed. Urgent Menti […]" #Crypto #RBI
Tell us what Financial Freedom is to you with the most amazing gifs below & we will give 73 lucky winners from Facebook, Twitter & Instagram a voucher of Rs. 200 each from Flipkart! Lets celebrate Financial Freedom this #IndependenceWeek
**T&C
1. Winners will be chosen randomly.
2. Contest ends on 22nd August 2019 at 11:55 PM IST.
Links to the FB, Twitter and Instagram contests are below and also follow us on facebook, Instagram and Twitter!
3. On instagram, you need to send us the gif/meme on topic #FinancialFreedom or #FinancialFreedomViaCrypto through DM.
👉
👉
👉
https://bit.ly/3054zwF
#Bitbns #Contest #TheFutureOfFinanceIsHere
**T&C
1. Winners will be chosen randomly.
2. Contest ends on 22nd August 2019 at 11:55 PM IST.
Links to the FB, Twitter and Instagram contests are below and also follow us on facebook, Instagram and Twitter!
3. On instagram, you need to send us the gif/meme on topic #FinancialFreedom or #FinancialFreedomViaCrypto through DM.
👉
Twitter: https://bit.ly/2KMG1Cu👉
Instagram: https://bit.ly/33AiFZ7👉
Facebook: https://bit.ly/3054zwF
#Bitbns #Contest #TheFutureOfFinanceIsHere
Poloniex has removed many trading pairs on August 16, 2019!!! 😱
Don't worry, Bitbns is here for the rescue.. 😎
And no need to worry about transaction fees as we will be doing 100% fees refund on crypto deposits. 😎 #WeCareAboutYou
(Read rules here: https://t.me/BitbnsAnnouncements/865)
Don't worry, Bitbns is here for the rescue.. 😎
Users can deposit LTC, XMR, DASH, LSK, ETH, QTUM, USDT to Bitbns and trade it. And no need to worry about transaction fees as we will be doing 100% fees refund on crypto deposits. 😎 #WeCareAboutYou
(Read rules here: https://t.me/BitbnsAnnouncements/865)
You’re invited to Crypto Night 2.0!
Something Big is about to Happen!
http://bit.ly/2yW22Jh
Attendees will get $25 - $100 of Giveaway.
Something Big is about to Happen!
http://bit.ly/2yW22Jh
Attendees will get $25 - $100 of Giveaway.
We are supporting ZCO mainnet swap. Deposit your ZCO tokens to Bitbns now. 😎
- Deposits and withdrawals would be paused from 28th August and would be opened up once swap is complete. ✌
- Deposits and withdrawals would be paused from 28th August and would be opened up once swap is complete. ✌
Twitter
Bitbns
We are supporting ZCO mainnet swap. Deposit your ZCO tokens to Bitbns now. 😎 - Deposits and withdrawals would be paused from 28th August and would be opened up once swap is complete. ✌
Bitbns would have a maintenance for 30 mins from 4:20 pm today. #FundsareSafu #RoutineUpdateForOptimisedServerInfra