India's leading cryptocurrency exchange
According to its LinkedIn page, Unocoin is India’s leading Bitcoin & crypto company. The company is operating as an exchange and payment service where it helps users with buying, selling, storing, using & accepting bitcoin securely in India. Unocoin already served more than 1.5 million customers and has been in the business since 2013. Its mission is to bring bitcoin to the billions.
Unocoin’s offers various features and advantages, including but not limited to:
– Allowing users to buy and sell Bitcoin instantly
– Using high-frequency order matching engine with an open order book
– Low transaction fees for all users
– Various crypto assets supported for trading
– Consolidated wallet for crypto-holdings that increase the security of the platform
– Fiat withdrawal and deposit
– and more.
According to Crunchbase, Unocoin has its own mobile wallet that allows users to access all of its services. In addition to that, users can print paper wallets and import bitcoin addresses to their own address book, and withdraw bitcoins to their paper wallets. The app is available on iOS and Android platforms, which can also act as a point-of-sale merchant mobile app. The company raised a total of $7M in funding over 4 rounds, with the last one finished on October 8, 2020. It has 11 investors according to Crunchbase with 2020 Ventures and XBTO Group being the most recent ones.
According to its website, Unocoin has achieved some key milestones such as more than 1.5 million users, more than 6.4 million orders are processed, and has been in the business since 2013.