Thanks i that case igot is much cheaper then unocoin
If i buy 1 bitcoin today from unocoin i get at 28814 (after deducting their fees)
and
If i buy 1 bitcoin today from igot i get at 28295 (after deducting their fees)
Today's price at igot is Buy Price: 28118.20 (3% Fees + Tax)
and at unocoin buy price is 27870 ( 1% fees, no tax)
And difference is of Rs.500
So to whom should we choose?
Who has clear transparency in business?
Unocoin is never trying to compete with other exchanges as of now. If someone is doing it cheaper then they have a seller who sells them cheap bitcoins. For igot - india forms a very tiny market for them but australia is much bigger market where there are lots and lots of buyers and sellers than how many you find in India. But for Unocoin it is just indian customers. So as i explained you before, once we have significant number of buyers and sellers, you can see the spread goes down and also transaction fee goes down.
Its obviously upto you whom ever you want to choose. But i would suggest you to do the calc right - for igot you are applying 3% and unocoin 1% ?
Transparency? I just cannot see what you are talking about. We have disclosed our fee structure though a footer link on every page on unocoin