AllCoinsNews had a chat recently with Kamesh Mupparaju, CEO of Indian bitcoin exchange BTCXIndia. The Hyderabad-exchange was the first in India with real-time trading and to adopt security measures with the majority of coins in cold storage .The Reserve Bank of India has not always been positive about Bitcoin, only recently iterating its interest in the advent of blockchain technology.
BTCXIndia launched in May 2014 after being founded shortly beforehand by Mupparaju Siva Kameswara Rao ‘Kamesh’. Kamesh was working as a currency trader in Singapore when he learnt about bitcoin and moved back to his native India to start the exchange. He got in contact with a UK based angel investor, together they funded and launched the exchange.
ACN: What is the trading volume of your exchange?
Current volumes are around 200-300 BTC per day and growing rapidly. We hit a new record recently of 480 Bitcoins traded in a single day.
ACN: What types of services do you offer?
We offer Indian nationals the ability to buy and sell Bitcoin for Indian Rupee (INR) via an open order book. We also offer a wallet service for bitcoin storage, historical charts of the Bitcoin price in India and aim to have the best customer service in the industry.
Read more @ http://allcoinsnews.com/2016/02/04/btcxindia-hit-new-trading-volume-daily-record-of-480-bitcoins/
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