Quote from: bitcoinisbest on November 15, 2016, 06:03:04 PM

Website looks good and another site added for Indians to buy/sell bitcoins.

Couple of quick questions : -

1) Did thought came when there are already reputed + few years of existence of other exchanges in the market so how difficult you will find it to get the users?
2) Also checking the if somebody want to sell zebpay is buying at 55204 & Bitxoxo at 54024. So such a vast difference isnt tis too much?

Hello!

First of all i would like to thank for your valuable comment. I would try to answer both your questions separately:

1. Before launching Bitxoxo, i was aware of all the exchanges working in India. But as i earlier said, i have been a trader on Localbitcoins for around 2 years and had gain more than 1000 of contacts in India who are dealing in Bitcoins. That was my biggest advantage. The day, i launched Bitxoxo, my first hit was to bring my existing LBC's client on my exchange and show them the easiness of trading on Bitxoxo. and all of them liked it and supported us. I will be thankful to them throughout.

2. Zebpay is much more established exchange and we can't compare ourselves with Zebpay. Also our prime objective is not to complete with other exchanges but to promote bitcoins in India. All the exchanges working in India have their own USP.

As far as your second question is concerned, that Current Sell Price of Zebpay is INR 55204 & our's is INR 54024. We decide our Sell price as per the demand of bitcoins on our exchange. When there is more Sell orders as compared to Buying orders, in order to maintain the momentum we have adjust the price accordingly. But i think you must also focus on our Buy Price, Our Current Buy Price INR 55620.22 as zebpay's is 56370.

Hope your find the above answers satisfactory. In case of any other suggestions or doubts, feel free to post here.

Thanks