Unocoin

Overview

Unocoin is one of India's oldest cryptocurrency exchanges, founded in 2013. It provides a simple platform for buying, selling, and storing Bitcoin and other cryptocurrencies with INR deposits. Unocoin is known for its merchant payment system and Systematic Investment Plan (SIP) feature.

India's Crypto Pioneer

As one of the first crypto exchanges in India, Unocoin has been operating since 2013 under the Indian regulatory framework. It is registered with FIU-IND (Financial Intelligence Unit – India).

Pros & Cons

Pros

India's oldest crypto exchange — operating since 2013
Simple and beginner-friendly interface
INR deposit and withdrawal support
Systematic Investment Plan (SIP) for regular investing
Merchant payment system for businesses
Mobile app for iOS and Android

Cons

Limited cryptocurrency selection compared to global exchanges
Lower trading volume than larger exchanges
Limited advanced trading features
India-focused — not available globally

Frequently Asked Questions

Is Unocoin safe to use?

Unocoin has been operating since 2013 and is registered with FIU-IND. It uses industry-standard security practices, but as with all exchanges, you should consider withdrawing large holdings to a personal wallet.

Can I deposit INR on Unocoin?

Yes, Unocoin supports INR deposits and withdrawals through bank transfers, making it convenient for Indian users.

What is Unocoin's SIP feature?

Unocoin's Systematic Investment Plan (SIP) allows you to invest a fixed amount in Bitcoin at regular intervals, similar to mutual fund SIPs. This helps with dollar-cost averaging.

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