Unocoin: An Introduction

Unocoin

Unocoin is India’s leading Bitcoin platform. Their customers can buy bitcoin with any Indian bank account via online banking or NEFT and RTGS.

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Unocoin, established in December 2013, is one of the largest Bitcoin exchanges in India. Using your Indian bank account, you may purchase bitcoin using online banking or NEFT or RTGS. In September 2016, Unocoin announced that it received $1.5 million in venture capital financing. Some notable investors include Boost VC, backed by Adam Draper and Digital Currency Group, backed by Barry Silbert. This comes 2 years after a $250,000 seed round funding from Bitcoin Opportunity Corp. Unocoin claims to have over 100,000 users and has how-to use videos in several dialects such as Hindi, Kannada, Telegu, Malayalam, Tamil, Marathi and Bengali.

 Pros

  • Regulated company in India
  • Backed by investors in the United States
  • Low 1% fee, reduced to 0.7% with sufficient trading.

Cons

  • Offers a Bitcoin wallet that should not be used to store bitcoins
  • Requires ID verification, so not private

Want to know how you can make money out of Zebpay? Read this: How one can earn through Unocoin?


Note: If you haven’t created an account on Zebpay or Unocoin or CoinSecure, you can grab the following referral code

Referral Code of Zebpay: REF06568678

Referral Code of Unocoin: U213061

Coupon Code of Unocoin: TTA200

Referral Code of CoinSecure: A67aTLwo7PNiLBysAU9h


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