However, you can still register to trade on Bitbns.
Stay tuned to be informed about the next flash sale
Unlike Bitcoin blockchain, Ripple does not involve mining, which means no Ripple coins are created when a miner uploads transaction data. Instead, to achieve consensus, multiple parties authenticate Ripple transactions.
Banks and financial institutions prefer Ripple because it can move large amounts of currency promptly and economically. On an average, a typical XRP transaction clears in 4 seconds, whereas a Bitcoin transaction takes roughly an hour.
Please read the FAQ in order to know more about the flash sale
We at Bitbns believe users should have an easy way to access any virtual currency.
No ! Flash sale is conducted on a seperate page from trading. The flash sale would occur on this page. You can bookmark this page The trading happens on the trading page. In order to ensure you are on the flash sale page check if you see a count-down timer and also a mark saying whether you are eligible for flash sale or not like given below
The flash sale is based on first come, first serve basis - until the stocks last.
The flash sale would be conducted on 23rd February 12:00 Noon
All you have to do is register with us and complete your KYC verification and then transfer money of which you want to buy ripple to be eligible to participate in the flash sale.
If you have signed up on or before 10th Feb in Bitbns, you must complete at least Rs.50K worth of transactions before Feb 22 to participate in the flash sale. But if you have registered after Feb 10, there is no minimum trading required.
The registration for the flash sale closes on Thursday 22 February 2018, at 10 P.M. Indian Standard Time.
The fastest growing currency for the last year. It grew 35 times faster than bitcoin. And price of 1 ripple is just around INR 74 right now. The price for ripple in India changed from INR 15 in Dec 1st week to 220 in Jan 1st week. Ripple right now is the 3rd largest currency by market cap after bitcoin. We at Bitbns believe people should have access to any genuine currency they would wish to trade. Hence we after starting starting with bitcoin are adding ripple and for more people to get the currency we are introducing a flash sale.