UnoCoin: CoinBase of India
Bitcoin in India is a huge opportunity for players to come in and reap rewards, but tread carefully, this market is full of risk. One company in particular is blazing trails in the Indian bitcoin market with little to zero competition. Bringing Bitcoin to Billions. Unocoin is positioning itself as the “Coinbase of India” for many reasons. They are fully compliant with standing regulations. This is imperative as bitcoin in India enters a murky grey area. UnoCoin currently operates across all of India with most of their clients and traffic coming out of Mumbai – the financial capital of....
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Unocoin, a trading platform in India, has reportedly been at the center of an intensifying debate in India over the legality and regulation of Bitcoin. The trading platform portends to be India's Bitcoin Exchange, and has shut down once before due to uncertainties over Bitcoin in the country. According to a BitcoinTalk Bitcoin Forum Hero Member, Dashingriddler (OP), who claims to be affiliated with the Unocoin team, the company's directors were asked to visit their local authorities this week. As OP writes, The officer is bothered about bitcoins coming to India bypassing the regulated....
Unocoin.com is India’s most popular bitcoin wallet. The company makes it super easy to securely buy, use and accept bitcoin. Unocoin is one of many bitcoin wallet and broker services that allow users to buy and sell bitcoin, then either let them hold it or send it to an address only the user has control. Unocoin, with offices in Bangalore and Tumkur, has been providing Bitcoin trading, storage, and merchant processing to the public in India since December 2013. Unocoin is also India’s number one bitcoin company. It currently holds about 40,000 users registered and with these numbers....
Indian bitcoin exchange Unocoin is ramping up its fervent push for bitcoin adoption in India. A new partnership with San Francisco-based bitcoin payments company Bitwage will see Unocoin integrated into the payments platform, enabling India-based workers, employees and businesses to receive wages from foreign businesses faster and at better rates. “For instance, an employee receiving $1,000 USD sent to India could receive 70250.00 INR with Bitwage, far more than an estimated 64481.60 INR through Paypal or approximately 65660.00 INR via Citibank India,” claim Bitwage and Unocoin. Bitwage....
Today, the India is one of the countries where Bitcoin is increasingly being used. With a large number of people of Indian descent and nationality working abroad, Bitcoin is now leading the global remittances to India. Unocoin is one Indian Bitcoin exchange that started in June 2013 when a few members met at the India Bitcoin meet-up group aiming to take Bitcoin to the masses. Soon after this, Unocoin opened its offices in Bangalore and Tumkur, started to provide Bitcoin trading, storage and merchant processing to the public. The company also focused on helping small and medium businesses....
India is an ideal place for Bitcoin startups. It has the right startup culture, huge market opportunity and a growing economy. Thanks to the growing market opportunities and enthusiastic startup community, we are seeing a lot of emerging Bitcoin companies entering the market. Here are some of the Indian Bitcoin based startups - UnoCoin: Unocoin is one of the leading Bitcoin exchange in India at the moment. Unocoin is based out of Bangalore and Tumkur, is part of CoinMonk Ventures Private Limited. They are referred to as the Coinbase of India. Unocoin offers Bitcoin wallet and exchange....