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Dec 28, 2017 Alexy Exchanges Views: 348

Unocoin

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No.1041/12, 1st floor 1st main, 4th Block, Dr.Rajkumar Road Rajajinagar, Bangalore - 560 010 India
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API

https://www.unocoin.com/apidoc

Company Name

Unocoin Technologies Private Limited

Date founded

Jun 30, 2013

Founder Name

Sunny Ray, Sathvik Vishwanath, Harish B V, Abhinand Kaseti

Name

Unocoin

Location

Bangalore, India

Address

No.1041/12, 1st floor 1st main, 4th Block, Dr.Rajkumar Road Rajajinagar, Bangalore - 560 010 India

Risk Management Tools

Yes

Copy-trading

No

Fees

https://unocoin.com/support/fees-for-static

Deposit methods

Bank wire, Bitcoin, Litecoin, Ethereum

Maximum deposit

None

Maximum withdrawal

None

Minimum deposit

1000₹

Minimum withdrawal

None

Supported crypto currencies

Bitcoin, Ethereum, Litecoin

Supported fiat currencies

United States Dollar

Two-Factor Authentication

No

Multi-factor Authentication

No

Secured By SSL

No

24/7 Online Support

Yes

Contact phone

1800-103-2646

Contact email
Withdrawal methods

Bank wire, Bitcoin, Litecoin, Ethereum

Max Leverage

No

Spreads

0.70

Demo version

No

Market
Price
Open 24H
Range 24H
Vol. 24H
% CH
Market
Type
Price
Quantity
Total
Id

Overview

Forex has been in the spotlight for as long as you can remember. And with the use of Bitcoin, the trade has become even better. So to get and make payments, there is a need for cryptocurrency exchange platforms. Today, we review Unocoin.com, a site dedicated to helping Indian users accept, buy and sell Bitcoin. Yes, it is Indian-based cryptocurrency site.

Features

  1. Registration details and the platform: Unocoin.com aimed at making it easy and effective for beginners. To register, all the standard processes are simple. Valid email and password, then verification. But that is not final. A Unocoin team member will call you, and that is when you can begin using the account. The platform itself has no advanced features like technical indicators. It is only an exchange platform. This makes it easy to use which is what any beginner to trading platforms wants.
  2. Security: The security of any exchange platform is essential. For Unocoin.com, you need not to worry about the safety of your transactions. No chance for hackers since all Bitcoins stored offline. Their servers are encrypted making it impossible for hacks. To further tighten the security, this site has the two factor Google authentication. So far, there are no cases of lost funds due to hacks, and that is a good thing. Additionally, users fairly treated given that Unocoin account is the same for all members.
  3. The support system: Bitcoin exchange platforms have to have solid customer support. Clients using this site are limited to email support only. This has led to unocoin.com having a reliable and organized email support system for users to channel their grievances. However, during high usage, the service is inferior due to slow response times.
  4. Mobile app: Unocoin.com not restricted to the pc version. The team behind the site has acknowledged the fact that people are tech savvy and have therefore built an app for IOS and Android users.

 

Conclusion

Unocoin has the capability even though its target is only the Indian market. It enables traders to trade in seven different cryptocurrencies, and that is a plus. For the advanced traders, this may not be your platform, but it helps to transfer and store Bitcoin. Their lack of advanced tools means it is of no use to trading pros. The final verdict is that for beginners, this is your trusted site.

Screenshots
Pros & Cons
  • User-friendly interface
  • Has a mobile app
  • No Hack proof
  • Accepts Indian rupees
  • Convenient payments
  • Complex fee structure
  • Slow
  • Poor Customer Support
  • Dedicated to currency exchange only
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