Established in 2013, Unocoin is one of the cryptocurrency exchanges that brought about the Bitcoin revolution in India where it operates from. The Exchange gives over 1.2 million customers and 45 top investors from 5 countries the opportunity to trade several digital currencies using a proprietary crypto trading platform. The cryptocurrencies available are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and more. The Exchange provides traders with a selection of useful trading tools and educational resources, whilst there is a well-informed customer team to assist traders.
Unocoin Review Introduction
In this Unocoin review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Unocoin.
Unocoin Platforms & Tools
Unocoin provides traders with the Unodax trading platform, an easy-to-use trading platform that is developed to allow its users to trade various crypto assets. The platform features exchange, graphs, and open orders. The Exchange makes the Unodax trading platform available as a desktop application for Windows and Mac computers; web terminal that runs directly on modern web browsers without needing to install any application; and a mobile app that is compatible with Android and iOS devices and can be freely downloaded from the respective app stores. With the mobile app, you can access your trading account and place trades or manage open positions while on the go.
Apart from the tools built into the platform, traders also benefit from some useful trading tools on the exchange’s website. Some of those tools include Calculators, APIs, and more.
Unocoin Research & Education
In an attempt to improve clients’ trading skills and knowledge, the Exchange provides them with a selection of educational materials, such as trading blogs, news, and an FAQ section that answers most of the common questions that traders may have.
Unocoin Trading Accounts
The Exchange offers access to a single live trading account. Unocoin’s terms and conditions prohibit multiple trading accounts for a single user. The minimum deposit required to operate the live account is $10, while a commission fee of 0.7% is charged on trades.
Unocoin Account Funding
Unocoin accepts the following payment methods for both account deposits and withdrawals: bank transfers and cryptocurrencies via the Unocoin wallet.
Unocoin Customer Service
The Exchange offers a client support team that is polite and always available to respond to clients’ general, technical, and account-based inquiries. They can be reached via telephone, email, and social media.
There is no regulatory information on the Exchange’s website at the moment. Most experts and professionals would not trade with an unregulated exchange as they cannot offer the same level of protection to clients that a regulated exchange can.
Unocoin Review Summary
Unocoin is a cryptocurrency exchange that allows Indians to sell, store, use, and accept digital currencies via a user-friendly crypto trading platform that is available in desktop, web, and mobile versions. The Exchange offers several trading and learning tools and also provides a professional client support team to assist traders. The minimum deposit required to operate the live account is $10, while a commission fee of 0.7% is charged on trades. However, there is no regulatory information on the Exchange’s website at the moment, which can discourage some potential traders and investors from opening an account with them.
It is worth mentioning that some of the trading products and services in this Unocoin review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Unocoin broker website which you can visit by using the link below.
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.