Coinsecure launches entry-level trading for international users

Investing | November 23, 2016 By:

Coinsecure announced the launch of entry-level trading account for international users as well as the Indian market.

The move will help users to sign up on Coinsecure, deposit bitcoin and start trading. Reducing the barrier for entry-level trading will remove the process of having a complete verification to start trading in bitcoin. Users can avail this service at a fee of 0.5% that is lower than the rest of the market. By submitting their KYC, they can withdraw or deposit INR and avail the discounted fee of 0.3%.

”This move will definitely increase liquidity in India and will also give international users an opportunity to arbitrage from the Indian market. This is a trend we’ve seen over other global exchanges as well,” said Coinsecure CEO and founder Mohit Kalra.

Coinsecure also added a new a provision to increase the network fee based on the priority of transactions. Customers will now be able to manually change the default network fee of 0.0001 BTC to anything up to 0.001 BTC.

Coinsecure is an Indian bitcoin exchange.