Quote from: bitcoinisbest on November 25, 2016, 11:15:50 AM

Quote from: nizamcc on November 24, 2016, 05:48:24 PM

Quote from: Benson Samuel on November 24, 2016, 08:44:35 AM

Quote from: stingers on November 24, 2016, 08:26:28 AM

Quote from: Benson Samuel on November 22, 2016, 08:41:20 AM

Its not in our control with Coinsecure.
Users can set and maintain any rate that they want to.

But by the way what is the exact reason for such a difference between the price of bitcoin in the international exchanges as compared to the indian ones?
The difference is getting large everyday. Does it have something to do with demonetisation?

I am sure that it is cos of demonetisation.
People are looking for better censor proof and ban proof solutions and Bitcoin leads the pack. - Mentioned this on CNBC yesterday.

If people from India are very much interested in buying bitcoins at less prices, they should create their accounts in international exchanges instead of going for Indian exchanges, as because of demonetization, I don't think the price will be back to normal unless this gets resolved.

Could you explain how does the process work say I want to create the account on international site. At this moment can you let us knwo how much will 1 btc cost including all the exchange and international fees?

Few things I learnt while opening an account for the sole purpose of buying bitcoins internationally
- Wire funds takes 3-5 days and sometimes a week to reach the recepient account.There is a risk of getting it lost.
- The best money transfer service in the country like Western Union or Moneygram is inward remittance service and not outward.
- The largest private bank in India let's u send up to $25000 dollar in a month only for the following purposes only:
Education abroad
Emigration fees
Employment abroad
Maintenance of close relative
Medical treatment
Police verification
Private visit abroad
Personal Gift
Donation
Remittance to own account abroad for placing of deposit

- PayPal doesn't allow transaction based on cryptocurrency.If u transact highly they might get your account limited.
- Other foreign exchanges does allow buying using debit card but often have lesser limits.

What I did find is that business entities can engage in cross border buying bitcoins from other business peers with a capacity of high volume transaction.Benson can guide u in a better way.