Thank u so much for your quick response. I must accept the fact that your documentation is really good. My initial question does not apply for u as u dont take any money deposit, but the basic concern remains which u have covered in https://inrbtc.com/info/faq Question No. 9.
By going through the answer, what I understand, that there is always a chance for the buyer to get cheated, but seller will be prohibited from operating with the same BTC address and Bank A/c No.
Please correct me if I am wrong.
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What happens when the Seller does not transfer the Bitcoins after a trade is executed ?
By going through the answer, what I understand, that there is always a chance for the buyer to get cheated, but seller will be prohibited from operating with the same BTC address and Bank A/c No.
Please correct me if I am wrong.
Thank you for the compliment.
I will have to correct you immediately because any user who sees your understanding will be of opinion that the buyer can be cheated. The understanding is wrong.
This is a exact copy of a small portion included at the section How It Works with some extra highlighting.
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When a Buy order price and a Sell order price match, a Trade Order is executed.
The Seller receives the Trade Details in addition to a BTC Address to send the Bitcoins mentioned in the trade order.
This BTC Address sent to the Seller is owned by INRBTC.
The Buyer is sent the Trade details in addition to the BTC Address and the Seller's Bank Account Details.
The Buyer is asked to deposit the Trade amount into the Seller's account after the Seller transfers the Bitcoins.
After the Seller transfers the Bitcoins, INRBTC sends an email to the Buyer to deposit the Amount to the Seller's account
The Buyer has to deposit the Amount to the Seller's Bank Account and inform support@inrbtc.com
The Seller receives the Trade Details in addition to a BTC Address to send the Bitcoins mentioned in the trade order.
This BTC Address sent to the Seller is owned by INRBTC.
The Buyer is sent the Trade details in addition to the BTC Address and the Seller's Bank Account Details.
The Buyer is asked to deposit the Trade amount into the Seller's account after the Seller transfers the Bitcoins.
After the Seller transfers the Bitcoins, INRBTC sends an email to the Buyer to deposit the Amount to the Seller's account
The Buyer has to deposit the Amount to the Seller's Bank Account and inform support@inrbtc.com
As of now , 606 trades have been executed on our platform. Not even a single trade has gone into dispute because the Buyer and the Seller had a smooth transaction. The security is built into the system. Trade with peace is our USP
