India’s Leading Bitcoin Exchange To Allow Users To Create Own Wallet Names

By March 12, 2016Bitcoin Business

India’s leading Bitcoin exchange, Coinsecure, has announced its partnership with Netki with the purpose of allowing its Bitcoin wallet users to create their own wallet names. The aim is to make the wallets easier to use and more reliable.

Many users have difficulty memorizing the address of their wallet. This problem is faced by many exchanges as, for mass adoption of BitcoinCT r: 8 by casual users who don’t have knowledge of cryptography to occur, there must be a simpler way of presenting the long list of numbers that is a wallet address.

CoinTelegraph reached out to Global Business Development Head at Coinsecure, Elizabeth McCauley , asking for her thoughts on the matter.

CT: Will it be possible for users to create a wallet name without using their real name?

Elizabeth McCauley: A person can create whichever ID he would like as long as the name is still available.

CT: Will it be possible to create separate wallets for different functions?

EM: One can only create 1 coinsecure wallet name and 1 coinsecure exchange wallet name, i.e. 2 with single email id. However, someone could have different NetkiCT r: 314 wallet ids if using different domains – ie: two different wallet companies utilizing Netki’s service. Growing prominence in India CT: What does Bitcoin adoption and trading look like in India?

EM: BTC adoption is growing in India . Coinsecure currently has the largest volume for an exchange in India and we are seeing over 3,000 BTC in volume each month. Lower globally, but high for India as Bitcoin is growing in prominence in India. We have been observing great volumes since September. The trading volumes for Coinsecure only have been around USD 1 million a month so the prominence is rising. CT: How does Netki solve the […]

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