Re: [ANN] Exchange Major Alt coins at PocketBits.in

I happened to check that your site would be providing the cheapest among all exchanges rates as you were recently started as compared to all others for btc.

Well if I buy from you site at present rate is 81512 (addition if there is any fees to it) and you are buying from local bitcoin at 79080 and probably selling at your site at 81512.

Well now I am confused what is the benefit of buying from your site rather I should directly buy from Localbitcoin and could easily save 1700+ Rs around for 1 btc.

Shocked

i havent used this exchange site but i can tell you something do not use localbitcoin just to save 1700 rs,i have many good and bad experience with localbitcoin site thats why it is preferable to use trusted exchanges rather than escrowing exchange.it is fast and easy rather going through different procedure.and talking about 1700rs ,it is very easy to earn that amount you just need experience and time for trading.

Yes, this is very valid point. To make the point, when the amount of 81000 at stake, very few will think about profit Rs1500 than losing Rs.81000 if something goes wrong. So either user could earn profit of Rs1500 or loss of 81000. At localbitcoin or btxindia it is difficult and time-consuming to solve dispute. However at the wallet services like pocketbits.in or zebpay or unocoin you could get things solved pretty easily and there is less chance of getting defrauded by someone.

If user has sufficient experience in exchange-trading and taken precautions like verification of next party then risk could be minimized. And user could earn profit.