Post
Topic
Board India
Re: how was liquidity achieved in india?
by
simple_love
on 15/03/2016, 14:09:22 UTC
We have couple of large users/ partners plugged into our API. We offer some pretty neat addons for custom requests, etc and the rest of the trades are organic or bot based.  This was an expected outcome as we built Coinsecure. India did lack infra for most of this. Our next few steps are gonna be even cooler in terms of adoption and volumes. 


what do you mean by bot based trades? when we see volumes on coinsecure (exchange data) does each transaction mean at least one person involved was a human customer?

by users and partners you mean indian people and companies who had stock of bitcoins that offered to sell on Coinsecure? i am just struggling to understand how "bootstrapping" happened in such an enormous way when the volume of bitcion in india was so little. it was a real challenge, kudos to early bitcoin companies.