Indian bitcoin exchange Coinsecure has launched an entry-level account for international users to boost liquidity following the country's recent demonetisation, according to a company statement. The new account will remove the need for a complete verification to start trading bitcoin and will help people take advantage of arbitrage. This is a trend we have seen over other global exchanges as well,” Mohit Kalra, the CEO of Coinsecure said, as reported by newsbtc. Bitcoin's price surged above $11,000 at one point in early morning trade on Monday, but later fell back below that level as news broke about India's decision to ban cash transactions by January 1.
Indian bitcoin exchange Coinsecure has launched an entry-level account for international users to boost liquidity following the country's recent demonetisation, according to a company statement. The new account will remove the need for a complete verification to start trading bitcoin and will help people take advantage of arbitrage. Bitcoin's price surged above $11,000 at one point in early morning trade on Monday, but later fell back below that level as news broke about India's decision to ban cash transactions by January 1.