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Blockchain wallet & a crypto exchange for the streets of india

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Sahil Kohli - Chief Executive Officer at Bitindia Exchange & Wallet

Saumil Kohli - Co-Founder

Kunal Nandwani - Founder and CEO

Jai Kumar - Blockchain Developer

Ravneet kaur - Android Developer

Expert Review

3.6 out of 5

BitIndia has been rebranded to Blockonix exchange, as it was primarly aimed for Indian market and only one country. Currently, the new platform offer support for English language. Blockonix is promoting a new wave of payment gateways and exchanges, which have futuristic applications based on Ethereum Blockchain. It is a purely decentralized exchange which does not store any user funds and all funds remain in the hands of the user itself. All trades occur on the Blockchain itself. Blockonix charges 0.1% for the market taker and 0.1% for the market maker. Users also need pay Gas fees to put their transactions on Blockchain. All the fee earned through the Blockonix Exchange in the form of BDT is burnt forever and All the fee earned through Ethereum is automatically transferred to the BDT to ETH market placing a buy order. Thus Blockonix Decentralized Exchange earns 0% ($0) from the trading or any other activities of the exchange making Blockonix a free Exchange.

User Review

Write review 4 reviews
Mials17 september 2017, 13:19

There is well categories for the website and informative but I just don't like the Phosphoric color of website.
I was shocked when found few local Indian companies that begin concern the niche of crypto-currency system development and wish to invest more on this sector to implement more project to social. If this project succeed, this platform will totally change the economy system of India business circles. I would expect this business plan will survive for long term and has potential to be successfully due to the team has well studied. Well, I might be invest it if have extra money.

Johnathan16 september 2017, 14:45

Well there is no much to talk about this project. They simply want to create a cryptocurrency exchange in India. I'm not sure how the crypto market looks out there, but I think there isn't any significant exchange that focuses solely on India, so maybe they will success. The project itself looks good, the design of the exchange by the pictures presented on the site also looks good and easy to use. They want to focus on Bitcoin, Ethereum and Ripple.

investor_Bob16 september 2017, 13:12

I think it's always convenient to hold a token that represents a value of an exchange. Cryptocurrencies exchanges are multi-million businesses, so if you can get cheap tokens right now it seems worthy. They want to focus their work on India, but I guess everyone can register as it's on the Internet. The exchange itself looks quite good and they look like reliable people. The team of the developers can act as the biggest advantage of the project as it's very wide and full of skillful people with a lot of experience in both programming and blockchain technologies as well as the sole banking and exchanging fields.

Karim Indez15 september 2017, 09:00

The site and the exchange looks very good in terms of the design and usability. It seems to be very user-friendly and the proccess of registration and buying cryptocurrencies is also quite easy. They offer a mobile app which is very convenient so that you can trade and hunt the best prices even when you are out with no access to your computer. The biggest advantage is that you have full control over your private keys, not many exchanges can offer something like this.

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