Operating from India, Unocoin is a leading cryptocurrency exchange that enables Indians to sell, store, use, and accept Bitcoin and other digital currencies by providing them with a crypto trading platform. Traders are also provided with a range of trading tools, educational resources, and a client support team.
Unocoin Review, Pros & Cons
- An intuitive trading platform
- Multiple cryptocurrencies
- A range of trading tools
- A selection of educational resources
- Unregulated exchange
- No MetaTrader trading platforms
- Limited financial instruments
- Limited funding options
- No live chat support
In this detailed Unocoin review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Since its launch in 2013, Unocoin has been at the forefront of the Bitcoin revolution in India, with over 1.2 million satisfied customers and 45 top investors from 5 countries. The Exchange offers online trading of several digital assets, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and more. They have the Lending feature and the OTC Trade to enable traders to trade in bulk.
There is no regulatory information on the Exchange’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Unocoin offers its services to traders from countries or jurisdictions where the use of such services would not contradict any local law or regulation.
Some Unocoin features and products mentioned within this Unocoin review may not be available to traders from certain countries because of legal restrictions.
Unocoin provides traders with the intuitive Unodax trading platform. It has an intuitive design and features exchange, graphs, and open orders. The Unodax trading platform can be downloaded as a desktop application for Windows and Mac computers and as a mobile trading app that is compatible with Android and iOS devices. The Unodax mobile platform allows the traders to manage their accounts and place trades even while on the move as long as they are connected to the internet.
Unocoin Trading Tools
Unocoin provides traders with a range of useful trading tools that are in place to ensure a seamless trading process, and they include Calculators, APIs, and more.
There is a vast array of educational resources on the exchange’s website, including blogs, news, FAQ section, and more. These educational materials help enhance traders’ knowledge of crypto trading.
The Exchange offers the following cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and more.
Unocoin Accounts & Fees
Unocoin allows traders to create a single live trading account.
As broker fees can vary and change, there may be additional fees that are not listed in this Unocoin review. It is imperative to ensure that you check and understand all of the latest information before you open a Unocoin broker account for online trading.
The Exchange offers a professional customer support team that is on hand during working hours to respond to clients’ inquiries. They can be reached through Telephone, Email, and Social Media.
Unocoin Deposit & Withdrawal
The Exchange processes deposits and withdrawals using Bank transfers and cryptocurrencies through the Unocoin wallet.
Unocoin Account Opening
To open an account, click on the ‘Sign Up’ tab on the homepage of the Exchange’s website and fill in your phone number, password, referral, and coupon codes. After checking the dialogue boxes to agree to the Exchange’s terms and conditions, click on the ‘Sign Up’ button on the form to submit your application.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Unocoin is a cryptocurrency exchange that has been in operation in India since 2013. They provide Indians with an intuitive trading platform for buying and selling multiple crypto-assets. There are several trading and learning tools, as well as a client support team available to assist traders.
The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying and selling crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase.