Unocoin
Unocoin, founded in 2013, is India's pioneering bitcoin and cryptocurrency service provider, offering a range of services including trading, systematic investment plans, and merchant gateway services.
History of Unocoin
Unocoin was founded in 2013, establishing itself as India's first entrant in the bitcoin space. Over the years, the company has expanded its services and user base, contributing to the adoption and accessibility of cryptocurrencies in India. With a focus on providing reliable and user-friendly tools for cryptocurrency trading, Unocoin has become a significant player in the Indian crypto market.
Unocoin's Services
Unocoin offers a range of services to its users, including the ability to buy, sell, store, and accept bitcoin and other cryptocurrencies. The platform supports trading cryptocurrencies with Indian Rupees (INR), making it accessible for Indian users. Additionally, Unocoin provides unique services like Systematic Buying Plans for Bitcoin and Ether, allowing users to invest in cryptocurrencies systematically. The platform also enables users to recharge cell phones and DTH services using bitcoin, and it offers a merchant gateway service to help online businesses accept bitcoin as a payment method.
Unocoin's Mobile App
Unocoin offers a mobile app designed to help users trade and manage cryptocurrencies on the go. The app provides an intuitive interface allowing users to perform transactions, monitor their portfolio, and access the mentioned services conveniently from their mobile devices. This mobile solution aims to enhance the user experience, making cryptocurrency trading more accessible and manageable.
Unocoin's Proof of Reserves Audit
In June 2023, Unocoin conducted a Proof of Reserves Audit to ensure transparency and build trust with its users. The audit confirmed that the company holds user assets at a 1:1 ratio with additional reserves. Approximately 98.85% of the BTC held on behalf of customers is stored in cold storage, further enhancing the security of user funds. This measure reflects Unocoin's commitment to maintaining high standards of security and transparency.