Post
Topic
Board India
Re: COD BITCOIN
by
vennali
on 04/06/2015, 14:35:44 UTC
I WANT TO BUY BITCOIN BTC BY COD BUT HOW IS THERE ANY SERVICE THAT I CAN USE?

We are close to a working solution for COD.
Hopefully, should be able to roll out some tests, etc within a month or so.
Would COD options really be in demand ? Would be nice to see how the beta testing for that goes. Also, wouldn't it also partially allow people to purchase bitcoins anonymously which might be some problem for some of the lawmakers in India ? I suppose they focus on transparency and prefer it over allowing someone to anonymously purchase bitcoins.

Cap limit of 5K INR unfortunately. And we doing it with INR and not BTC as BTC itself is a voucher of sorts.
As redemption will only happen on Coinsecure, we all good with this.

Redemption only at Coinsecure takes the fun out of COD.  Wink

Shouldn't be much different. The other way to do it would be give  private key with a QR code, which can be confusing for some of the people new to bitcoins. With redemption at Coinsecure, it would probably just be a coupon code, which will top up the balance on the account which you can straight away withdraw to your wallet.