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      "title": "Bank India Ready to Adopt Ripple for Cross-border Payments",
      "body": "![bank-india-siap-adopsi-ripple-sebagai-pembayaran-lintas-batas-284809-28983.jpg](https://cdn.steemitimages.com/DQmPoMbeYysqwiePFmWSk3TQ8VMdhcyFiNkLr7SdbkqGCf2/bank-india-siap-adopsi-ripple-sebagai-pembayaran-lintas-batas-284809-28983.jpg)\n\nDespite the fact that India is one of the countries that prohibits the circulation of Bitcoin and other crypto currencies, Ripple Labs, which is the developer of Altcoin XRP, is projected to be a cross-border payment solution chosen by the State Bank of India (SBI).\n\n\nReporting from FXStreet, SBI is ready to facilitate instant cross-border payment solutions with Ripple. The bank is one of the largest banks in India and has an employee base of nearly 300,000 people. According to 2017 data, SBI has an asset market share of 23 percent and controls a quarter of the total market for loans and deposits in India. Not only that, SBI won no. 216 on the list of the 500 largest companies in the world by Fortune Global.\n\nSupport for Ripple does not only appear from SBI. Kotak Mahindra, a private bank headquartered in Mumbai, reportedly will add 1,300 branches to the Ripple network.\n\nLooking at these developments, Ripple Labs CEO Brad Garlinghouse said:\n\n\"By increasing money transfer services to and from India, the costs that need to be spent will be reduced. So that more money can be used by families in need (sending the funds).\"\n\n \n\nRipple Development in India\n\nIn July 2017, the Ripple team revealed a strategic plan to popularize XRP, and made it a reliable Altcoin in the Indian financial sector. Ripple's Product Vice President, Asheesh Birla, has repeatedly emphasized that Ripple will utilize abundant human resources, a dynamic cellular banking industry, and a fast-growing economy. This condition greatly helped Ripple win 50 percent of the country's financial market.\n\nConsidering that the Indian Central Bank and state regulators are still considering regulating crypto money and banning developing digital asset classes, Altcoin Ripple's attempt to dominate the region with strict regulations is worthy of appreciation.\n\nhttps://www.seputarforex.com/bank-india-siap-adopsi-ripple-untuk-pembayaran-lintas-batas-284809-15",
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      "parent_permlink": "sellingsite",
      "author": "luthvandy3",
      "permlink": "bitcoin-buying-and-selling-sites-are-most-popular-in-indonesia",
      "title": "Bitcoin Buying and Selling Sites are Most Popular in Indonesia",
      "body": "![situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-22673.jpeg](https://cdn.steemitimages.com/DQmQ6dYBn2fLqtrzR9DpTEMoK46NvmDLSuNP64r3JteJxEX/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-22673.jpeg)\n\nIs that a Bitcoin Exchange?\n\nThe Bitcoin Exchange is a digital market where traders can buy and sell Bitcoin, either using Fiat or Altcoins. The Bitcoin Exchange can also provide an online platform that acts as an intermediary for Bitcoin buyers and sellers virtually. That is why, exchanges that provide services to buy and sell Bitcoin online, can also be referred to as Bitcoin buying and selling sites.\n\nThe Bitcoin exchange platform will match orders made by buyers with orders from sellers. When a market order is selected, the trader authorizes the exchange to trade the coin (BTC) at the best available price. Traders can also choose Limit Orders, so that Bitcoin can be traded at prices below or above the current bid.\n\nAll Bitcoin exchanges have transaction fees applied to every purchase and sale. The fees set usually range from 0 to 1%, depending on the policy of each exchange.\n\n \n\nPopular Bitcoin Buying and Selling Sites\n\nMany traders and investors in Indonesia are still hesitant with the various Bitcoin exchanges. In addition to being very new when compared to stock exchanges and commodities that have long existed, the Bitcoin exchange is prone to experience scam or fraud. Therefore, on this topic of discussion, we will review some of the popular and most trusted Bitcoin exchanges, which are widely used by Indonesian traders.\n\nFor the record, the majority of large-scale Bitcoin buying and selling sites do provide a separate platform, but there are also some trading sites for Bitcoin owned by individuals (ayoungchanger.com or Marketplace like localbitcoins.com) and do not provide trading platforms for their clients.\n\n![situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-38471.jpeg](https://cdn.steemitimages.com/DQmZZcQ2q9TQtqYnViNvNRADTeQ4LuH2UGj55k2s8zA7Xjm/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-38471.jpeg)\n1 Indodax\n\nIndodax (formerly called Bitcoin.co.id), is the most popular Bitcoin trading site in Indonesia. When this article was written, the total number of Indodax Members has reached more than 1.2 million people. Founded in 2013 by Oscar Darmawan, Bitcoin.co.id was initially devoted to accommodating the aspirations of Bitcoin lovers throughout Indonesia. Then, the buying and selling site for Bitcoin evolved into the Indodax crypto market, with various kinds of Altcoins and new tokens that can be traded there.\n\nEspecially for Bitcoin transactions, Indodax serves exchange of Bitcoin with local rupiah (BTC / IDR), or with various Altcoins such as Ethereum (BTC / ETH), Bitcoin Cash (BTC / BCH), and so on. Indodax offers a system of buying and selling that is easy, fast, and safe.\n![situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-41324.jpeg](https://cdn.steemitimages.com/DQmXrXzWusT6dT3vJTa8s9UjFrTamn9f2RZHvF3vRdFeE6B/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-41324.jpeg)\n\nIndodax advantages\n\nInstant deposit and withdrawal process only takes a matter of hours (maximum 24 hours).\nHaving low transaction costs, namely 0.3% for takers, and 0% for makers.\nProviding various Altcoins trading facilities such as ETH, XRP, DOGE, LTC, and most recently ADA and TEN (Tokeneconomy) tokens.\nIndodax is included in the 10 online Bitcoin markets that are most commonly used throughout the world, especially in Asia.\nIntegrated with dozens of Bitcoin services in the world such as Bitcoin Ticker, Checker, and Average.\nHave a financial audit team that works 24/7 non-stop, in order to provide maximum supervision to each member.\nAll transactions can still be processed even on holidays.\nKYC (Know Your Customer) is applied, so there will be no abuse of the platform by members.\n2-way authentication either with a combination of email, SMS, or Google Authenticator, which can guarantee additional security for the account.\nCustomer Service who is ready to serve and resolve each client's complaints 24/7non stop\n\n2 Luno\n\nInitially, Luno was known as BitX which was founded in 2013. Luno was actually based in London, but could also offer the purchase and sale of Bitcoin in Indonesia through a local bank. Luno is a global trading site for Bitcoin, so that wherever you are, you can still use the Bitcoin Wallet provided by Luno. Currently, Luno only provides 2 crypto currencies, namely Bitcoin (BTC) and Ethereum (ETH). Both are paired with local Fiat currencies from each country that is supported.\n\n\nLuno excellence\n\nHigh credibility. Since 2013, Luno has processed transactions worth hundreds of millions of Dollars and is used by Members from 40 countries.\nA team of experts who have worked in various technology companies like Google, Morgan Stanley, Amazon, Barclays, etc.\nGuaranteed security. Starting from KYC verification to 2-factor authentication, it guarantees a secure customer account.\nLow transaction fees. For takers, the cost per transaction charged is only about 0.20% - 0.25% only. While for the maker is not charged.\nInstant deposit transactions and withdrawals in a matter of hours.\n\n\n3 Triv.co.id\n\nTriv is indeed a Bitcoin trading site that is still relatively new in Indonesia; newly established in 2015 ago.\nTriv is a place to buy and sell Bitcoin, Ethereum, and various other digital currencies (Payza, Paypal, Skrill, etc.).\n\n![situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-22587.jpeg](https://cdn.steemitimages.com/DQmbp23WXw7CtKGCjCjE8gqUEiJoHAEZEKN9g7RhuNpxbnd/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-22587.jpeg)\n\nTriv Advantages\n\nReal Time Deposit / Withdraw. That is, all deposit and withdrawal transactions can be processed in just a few minutes, because the triv financial team is online 24/7.\nSupporting more than 100 banks in Indonesia, whether to deposit or withdraw.\nConversion to digital currency and vice versa. That is, you can sell Bitcoin to be exchanged directly into digital currencies (e-currency) such as Perfect Money, OK Pay, Skrill, Payza, Neteller, and Paypal. Conversely, you are also allowed to buy Bitcoin using the digital currency.\n24/7 non-stop customer service. In addition, there is a web-based chat feature on the Triv site, so customers can easily contact CS.\nBesides serving Bitcoin transactions to digital currency and vice versa, Triv also serves the purchase of pulses, electricity tokens, and other billing payments with Bitcoin.\n\n4 Localbitcoins.com\n\nLocalbitcoins is a Marketplace that can be used by individuals or organizations around the world. This site will bring together sellers and buyers based on the nearest location; the detection is done through an IP Address. For example, if you want to buy bitcoin and use the IP Address of an Internet Provider in Bandung, the Bitcoin seller will appear closest to your location on the main page. Usually, the payment model used is local bank transfer.\n![situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-63218.jpeg](https://cdn.steemitimages.com/DQmXCWEkf1PWT1eJa8fcS46rH4KqRaZJBpJb7Eh4kNyyWWv/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-63218.jpeg)\nLocalbitcoins advantages\n\nAllows COD (Cash On Delivery) if the location of the seller and buyer of Bitcoin is close together.\nFees charged for each transaction are quite cheap, only around 0.3% - 0.5%.\nBoth sellers and buyers are allowed to bargain with each other to get the agreed price.\n \n\n5 XP Sindonesia\n\nXP Sindonesia (xp.sindonesia.net) is a buying and selling site for Bitcoin and some Altcoins that are quite widely used in Indonesia. Payment options can be via bank transfer, credit, and various digital currencies such as Perfect Money and OK Pay. Founded in 2014, the XP Sindonesia business began with the sale and purchase of All Operator credit. Along with the increasing adoption of crypto currencies, XP Sindonesia finally decided to give the option to buy and sell Bitcoin and some Altcoins to its customers.\nhttps://www.seputarforex.com/artikel/situs-jual-beli-bitcoin-terpopuler-di-indonesia-283607-38",
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      "body": "Congratulations @luthvandy3! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/comments.png)](http://steemitboard.com/@luthvandy3) Award for the number of comments\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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