Hi all, Kamesh here, CEO of BTCXIndia.
I hear lots of upset voices, but trust me, no one is more upset then we are. Our staff are losing their jobs, and we are losing what we spent lots of money and effort building during the last 18 months. We have the most to lose by closing down, so I can assure you we have explored all options.
We will not comment in more detail on this until we have unwound operations, instead we are focusing on paying out remaining balances to customers and ensuring they can liquidate their positions.
I've personally been involved in the Indian bitcoin space since 2013, and want nothing more than for it to thrive. If Unocoin and CoinSecure can continue operations that's great, and I wish you both the best of luck. And rest assure BTCXIndia will be back competing with you soon again!
Mr. Kamesh,
I have few direct questions for you. You are free to ignore if not comfortable.
1. Did you try to engage ICICI Bank as Banking Partner specifically giving reference of Coinsecure ? They cannot differentiate between two clients belonging to same business domain.
2. What is the basis of your assurance when you yourself claim there is no bank ready to do banking with you ? What make you believe the banks will change their mind about you in future ?
3. What is different between you and UnoCoin/Coinsecure which resulted in only no banking partner for you ?
I believe answers to above queries will help to clear a lot of confusion around this at present.