I bet if BTC price goes under 400K INR, they will announce they have recovered lost BTC and refund will be made in BTC.
Hmm, they've said:
10% in BTC and 90% in INR at rate of 9th April 2018.
So at this point, it does make sense to refund in BTC, but this only if they DO have the bitcoins or the funds to buy new ones. Which I do doubt.
I submitted required documents for refund 19 days ago, I also confirmed via support email that they received documents and it's verified and i was told i will receive fund within 10-15 days, no fund received yet. Finally when i contacted to their phone support and they said that they ran out of funds and waiting for more funds, once they get funds they will process 10-15 transactions per day so i will receive funds after 2-3 weeks.
Is there anybody that has received a refund till now?
I checked 3 threads about coinsecure and there is no proof of a happy ending.
Finally when i contacted to their phone support and they said that they ran out of funds and waiting for more funds
I wonder where those funds can come from....
And more interesting, the exchange is down, right? How are they still making money or how do they plan on doing in the future?
Guyz, BTC under 400K INR now, we have signed refund documents to receive refunds of BTC at price 438K INR per BTC.
I have submitted refund documents long ago no refund is received yet.
Most interesting thing now is, are they gonna still refund BTC balance in INR at 438K INR price or they will change refund policy to refunding in BTC or they come up with new story that lost BTC are recovered?
I am so excited to hear from CoinSecure, they are caught in their own trap now.
In last conversation with CoinSecure Team I was told that they gonna pay refund by check because e-transfer is no more available by bank for them. While all other Indian crypto exchanges send funds in minutes after withdrawal request via IMPS without any issue.
Let's see what next they announce.