UNOCOIN company grew up in June 2013 at the IndiaBitcoin meet-up. Unocoin was set up at trial basis in India´s first Global Bitcoin Conference in December 2013. In Oct 2014 Unocoin was a fully operated bitcoin wallet. On 7th April 2016, the Unocoin business has been transferred to Unocoin Technologies Private Limited. That is a fully owned subsidiary of a holding company in Singapore named Unocoin Technologies Pte Ltd.
Unocoin charges a fee of 1% to buy or sell bitcoins. With a significant transaction volume on your account, the transaction fee drops to 0.7%. A government levied Service Tax of 14.50% will be charged on the transaction fee.
There is a network fee of 0.0002 incurred by Unocoin when you send Bitcoin to an external bitcoin address.That means there will not be any deduction in bitcoins paid to you. When you send bitcoins to an email-id or another Unocoin user, there is no fee. There is no fee for receiving bitcoins on your Unocoin wallet.
LIMITS & LIQUIDITY
As a verified user, you will be able to buy 10 bitcoin and sell 10 bitcoin per day. After an extended period (minimum 60 days) of buying and selling and a significant trade volume (of atleast 100 BTC of buy+sell), you will be offered the “Gold Member” account where you will be able to enjoy higher buying and selling limits along with lowe
They need upto 3 working days to process your order. Once processed, most payments are made via NEFT/RTGS which is usually credited on the same working day but can take a maximum of one working day. In the rare event of having to pay you by cheque, it may take upto 5 working days. You will be kept informed if this is the case. They honor your sale orders that are placed 24×7 irrespective of working hours.
Unocoin is a regulated company and holds licenses in all districts in which it operates.
Unocoin charges a flat 1% fee on all purchases.
PAYMENT METHODS ACCEPTED
Dr. Rajkumar Road
Above State Bank of Mysore
Bangalore – 560010