Now Buy & Flip STEEM at InstaShift.io—Sell Option Will Be Available Soon!
Indian P2P cryptocurrency exchange startup InstaShift.io has added support for STEEM. You can now purchase STEEM with INR and also FLIP other cryptocurrency tokens such as BTC for STEEM.
One of the founders has assured me that they will add the option to deposit STEEM for Sell trades in the next 2-3 weeks. I will update once this happens.
InstaShift.io is registered in Estonia. To use this service from India you don't need to do KYC which simplifies the process of buying popular cryptocurrencies such as Bitcoin. The admins are active on the Telegram channel and their service is growing in popularity.
Recently InstaShift.io increased the list of supported tokens to a total of 56 and are likely to add more as the demand for such services grow.
If you have any experience using this exchange please feel free to leave your feedback in the comments below.
I'm trying to get other exchanges in India to add STEEM and hopefully they will consider providing their range of services to STEEM crypto hodlers!
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- Let's Watch This Fun Video From International Steem Meetup #1—Malaysia
- Why You Should Vote For @firepower As Witness—Witness Campaign Post From India!
- Steem.Chat Contest #41
Great to see Indians getting more options on their steem tokens :-)
.... on an unrelated note - We met @roelandp yesterday and today over food an tea. He is a totally awesome dude :-)
Your name came up so many times that I had to start wondering that if I even fully know about your contributions to the steemfest. Obviously I have been following you for a few months but beyond that I have little idea of your time in the Steem community. It was super awesome getting to know some of it through him :-)
I'm glad you guys met. My goal has always been to help take this platform to the masses and you will find some of what I've done with my time on Steemit in my witness campaign post but mostly I try to keep my head down and keep working. Looking forward to meeting you in Poland! :)
I am really excited about meeting you man! We had a great time in Krakow, while we interviewed Roeland, checked out the hotels and other places to visit, talking and interviewing locals.....
I think its going to be great! I'll be putting up the interview with Roeland on my blog in a day or two as well.
I'm hoping to travel to EU in a month from now. Just getting everything in order. Will build an itinerary so I can visit Warsaw sometime before SF3. :)
Dude that would be amazing! I am on telegram as hashcash_ssj.
great news!
more fiat gateways all over the world!
Go Steem! This is awesome.
This is very good for Indian people to buy steem.
Thanks for this positive information and co-ordination to list it on instashift.io.
Ayyy Estonia !
AAYYY! :D
Will there be an option to use other fiat like GBP, USD? @firepower
What are the Indian tax implications?
there are a few other currencies options but it won't help you unless you have an account that allows transacting in such forex.
Tax implications as per your income slab as the government/bank doesnt necessarily know you are doing a crypto transaction. They only see money (FIAT) changing bank accounts here. :)
This could possibly be the fastest options for Indians to go in and out ,given the regulations and stuff.
Yes. I'm trying to get other similar platforms in India to add STEEM. Matter of time.
How about exchange fees there?
Excellent new tool.I am getting crazy, soo many innovative tools, platforms over here.
Posted using Partiko Android
I never heard about InstaShift.io before your past Post.
And I think this is not a famous exchange in Indian market. But I will research about it on Google...
And it's really good news for Indian steemitians if Steemit on any Indian exchange..
Posted using Partiko Android
This is really a good news. I placed an order for steem just after reading this. Thanks for the update.