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Unocoin.com Crypto Exchange Review: It Is Good Or Bad?

Bixer Simond by Bixer Simond
11/02/2023
Unocoin.com Crypto Exchange Review: It Is Good Or Bad?
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About Unocoin.com

Unocoin.com unwavering focus is on emerging as a top global player in the cryptoassets arena and contribute to the Indian as well as global economy. Unocoin has transformed into one of the most popular Bitcoin and Ethereum platform in recent times. In order to provide better services, many other components were added to our ecosystem.

Unocoin believe that continuously supporting good and best quality service is the best way to develop this industry. They will continue to improve the services, as they are committed to render the best. However, for Unocoin, this is far from enough.

Unocoin Exchange Basic Points

Exchange NameResfinex Exchange
Min Withdraw 10 2248
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Min Withdraw 0.001
Transaction Fees15%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Unocoin.com Crypto Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Unocoin Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Unocoin Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Unocoin.com Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

Unocoin Wallet Fees

Unocoin.com truth is the digital market is not yet regulated in India. This is because of the country’s stance on digital assets. Even at that, trading your assets is legal. Meanwhile, exchanges are free to operate unregulated in India.

Crypto to Crypto Exchange

CoinMaker FeeTaker FeeDeposit FeeMin WithdrawalConfirmationNetwork Fee
Bitcoin
(BTC)
00Free0.00130.0006
Bitcoin Cash
(BCH)
00Free0.0130.0001
Ethereum
(ETH)
00Free0.01120.03
Litecoin
(LTC)
00Free0.140.02
Ripple
(XRP)
00Free2030.25
Bitcoin Gold
(BTG)
00Free0.1100.001
Basic Attention Token
(BAT)
00Free103068.645097
FunFair
(FUN)
00Free100302316.453194

Buy and Sell bitcoin operations on Unocoin

Unocoin charges a fee of 0.5% to buy or sell bitcoin. Over an extended period of usage (minimum 60 days) and a significant transaction volume on your account,there will be an upgrade to “Gold Membership”. With this upgrade the transaction fee drops to 0.5% and giving you a higher transaction limit per day.

A government levied IGST of 18% will be charged on the transaction fee.For example, if you are buying bitcoin for 10,000 INR, then the transaction fee at 0.5% will be 50 INR and the IGST on that transaction fee would be 12.6 INR (Rounded up to 13 INR). Hence you will end up paying 10063 INR in total. The IGST number is 29AABCU8112D1ZI.

Sending and Receiving bitcoin on Unocoin

When you send bitcoin to an email-id of Unocoin user, there is no fee. When sending bitcoin to a bitcoin address, The collects a fee of 0.0005 to 0.0009 BTC (the fee is set dynamically depending on the network congestion and will be displayed while sending out the bitcoin to a bitcoin address) that is deducted from your balance which is paid to the mining network that validates, processes and secures your transactions.

There is no fee for receiving bitcoin on your Unocoin wallet.

Unocoin.com History of collected bitcoin transaction mining fee changes for sending bitcoin to a bitcoin address from your Unocoin wallet: 14th November 2017 onwards – it will be dynamically set. Please check the fee before sending the bitcoin to a bitcoin address.16th March 2017 to 14th November 2017: Bitcoin network fee was 0.0005 BTC15th March 2016 to 16th March 2017: Bitcoin network fee was 0.0002 BTC15th December 2013 to 14th March 2016: Bitcoin network fee was 0.0001 BTC.

Lending Fee structure

CoinTypeMin LoanMax LoanInterest RateLate Fee RateProcessing Fee
BTC-USDTEMI100.0000000050000.0000000015.00%0.01%2.00%
BTC-USDTFLEXI100.0000000050000.0000000015.00%0.01%2.00%

What We Do

Buy and Sell

Unocoin Exchange provides a platform for users to buy or sell bitcoin with INR.

Exchange

Unocoin bitcoin exchange enables users to buy/sell bitcoin by matching their order with other users.

OTC Trading

Over the counter (OTC) trade to enable users to trade in bulk.

Mobile

Unocoin has launched a user mobile app that enables users to buy, sell, store, accept and use bitcoin on the go.

Build your crypto portfolio today

Here are some of the best reasons to use Unocoin’s platform to buy and sell your crypto.

Save Money

By getting crypto at the best rates in India. Since 2013, more than a million and a half people have trusted Unocoin to safely trade at the best rates.

Save time

Since they offer you a simple app for Android and iOS, website and API along with the fastest customer service in the industry.

Accumulate more

Unocoin.com Accumulate cryptos intelligently with features such as Systematic Buying Plan and Earn Interest.

Build your community

On top of the best referral program in the market. Share your referral link with your peers and get a kick-back on every single trade, forever.

Security

Crypto being a purely digital entity can be stored in digital form only. The important concern for Unocoin/Unodax is to make sure your investment is protected in a way that gives you access whenever you need it while keeping out the oddities away from our storage. This is when Security comes into the picture. And at Unocoin/Unodax we are extremely cautious about how they secure users cryptoassets. Most of the cryptoassets in UNODAX are stored offline. The set of multiple addresses for offline storage are generated on a computer that has never been (and never will be) connected to the internet.

Tags: Unocoin.comUnocoin.com Crypto Exchange ReviewUnocoin.com Exchange
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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