New Bitcoin Exchange Unocoin Launches in India
A new bitcoin exchange service has launched in India, amid a growing wave of digital currency interest in the world's second largest country. Unocoin launched at the well-attended Global Bitcoin Conference, India's first, in Bangalore on 15th December. It is currently running on a 'trial basis' and new verified users are limited to buying/selling 10 BTC per day. Vikram Nikkam, a director of parent company Unobit Solutions Pvt. Ltd, said full cooperation with financial regulations was a key point in gaining acceptance. Local banks were receiving client monies and making payments without....
Related News
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....
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....
Unocoin, one of India’s foremost Bitcoin companies, has launched a new mobile application for both the iOS and Android platforms. This new application has been developed by Unocoin themselves and will allow Unocoin customers to buy, sell, receive as well as store Bitcoin in one place. Interestingly, the application makes its way to users as Indians are trying to grapple with the demonetization of Rs.500 and Rs. 1000 banknotes by the Government of India. Bitcoin has hit new highs in the domestic Indian markets since demonetization occurred on the midnight of Nov. 8. All-in-one app for....
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....
Popular India-based Bitcoin company Unocoin has just announced the launch of its mobile applications for iOS and Android phones. Now users can buy, sell, send, receive directly from the device which should encourage more Bitcoin adoption within the country. New Mobile App to Attract ‘Mobile-Heavy Market’. Unocoin is an Indian bitcoin processing company....