A Bitcoin exchange, which operates a BTC/INR market for deposit and withdrawal.
A buy/sell order is executed partially or in full when the price bid can be matched against a sell/buy order that is at or below the bid amount.
There are no fees incurred when when transferring bitcoins for deposit. Funds are available once confirmed (3 confirms), a process that can take roughly 30minutes.
Exchange accepts NEFT\RTGS funds transfer from anywhere inside india and also accepts internation wiretransfers in INR, no deposit fee
Bitcoins may be withdrawn at 0.01 BTC per transaction. Withdrawals can be sent to a bitcoin address.
Domestic withdrawals in INR will be charged with 0.99% fee, minimum fee is INR 99.
iCoin charges a trading fee from each party of successful trades made through the market. The rate for new accounts is flat 0.49%. Refer to the  to determine fee schedule. The fee that was charged appears in the account history next to each trade.
The site has support following languages:
The exchange was announced on May 19 2013 i-co.in is owned by S.V.E and based in India.