Personal and professional finance can be tricky at times. And there are multiple reasons for the same. It could be because
- You don’t understand finance as much as you should, or
- You don’t have time to see the fluctuations in the market, or
- You have limited resources to rely on, or
- You are scared to invest because of past experiences, or
- You do not know the very basic purpose of what is your goal to invest in the first place or
- You have invested in some equity or stocks only because your friend(s) recommended.
The traditional and the crypto-financial instruments are no different from each other. A lot of us think that having no or minimum knowledge about traditional financial instruments will also lead us to make a poor decision in crypto assets as well. Well, that is not quite true.
If you know the very basic principles of finances and trading, and you have a serious interest to start your crypto investments or dive deeper into the world of cryptos, then a platform like Unocoin, can take you far in your investment plan. Nor does Unocoin is the pioneer in the crypto space, it has some strong, unique, and powerful features that can help you make better decisions and can keep all your crypto investment in check.
But what is Unocoin? Unocoin is India’s leading crypto trading platform, which not only offers the basic financial-help tools but has come out with some breath-taking features that can ease out your burden.
In this article, we are going to list some of the most powerful features that Unocoin has to offer to crypto enthusiasts.
- KYC verification
First thing first. If you are someone who is just trying to explore cryptocurrencies and still have doubts, Unocoin has got your back. If you rely on banks for trust and your money, and as part of your diversification you want to invest a little for a little time and want your money back in your bank, you are on the perfect platform. To perform any operation on Unocoin’s platform, you need to get your KYC done. This is required for the authenticity and tight security of your identity and your money. Almost all operations would require you to first finish all your KYC procedure which requires you to add your Aadhaar details, your address, and your bank details. You are as valuable to Unocoin as your money is to you. For better security features, Unocoin has also enabled 2-factor authentication. You will never be able to log in to your Unocoin’s account if you do not enter the OTP that you receive on your phone number that is registered with Unocoin.
The three most popular cryptos that people across the globe trade in are
- Bitcoin or BTC
- Ethereum (Ether) or ETH
- US Doller Tether (USDT)
Unocoin helps you buy these popular cryptos on its platform. If you are not sure of how much crypto you need to buy, you can also type in the amount of INR that you would like to invest. The automatic conversion of INR to crypto will help you make a better decision as per your spending capacity. Also, this is an instant process. Once you are done with the buying or selling of the crypto, the same is reflected in your Unocoin wallet.
Hey! but what is a wallet? Another amazing feature provided by Unocoin is the wallet. Now that you know that you need to have some INR value to buy bitcoin or ether or USDT, you also need a place to store it. Right? Unocoin on its dashboard has a button, that takes you to the world of wallets. And to your astonishment, there are more than 40 wallets for your account already! Yes, you read it right. Just like your bank account summary takes you to a page of your debit and credit history in INR, Unocoin’s wallet will list down all the history of all these crypto-assets — all in one place. You can click on the History button of any crypto. Moreover, the withdrawal and deposit can also be done from here!
While trading, you buy or sell the cryptos directly from Unocoin. When it comes to exchanging, you can buy or sell from/to anyone who is selling/buying at your desired rate. Unocoin helps you find your perfect match of buyers or sellers. Under the Order book of its exchange page, you would see the bid or the rates at which someone is willing to buy or sell some assets. You would also see the difference between buying and selling price, hence can make decisions based on your negotiation power or urgency.
Lending is a feature that enables the user to keep his/her bitcoin as a mortgage and pay USDT/INR against it. It works just like a loan, where you get to choose your number of EMI. The benefit of this feature is that you don’t have to lose your bitcoin to get the corresponding USDT/INR.
6. Systematic Buying Plan or SBP
SBP is a new and exciting way to acquire bitcoin and ether — the first of its kind that is introduced by Unocoin. This feature helps with financial discipline by averaging out your cost and thereby reducing risk, resulting in generating better returns. On top of it, it is completely free from any transactional charges. While maintaining your busy lifestyle, getting yourself enrolled for SBP keeps your important crypto investment in check. You can choose to activate your SBP for:
- Either BTC or ETH or both
- The plan can either be daily or weekly or monthly
- The desired amount in INR to be invested in every time your plan gets triggered
Once you have chosen these three fields, your desired INR will be deducted as per your desired plan and credited to your desired crypto asset. Isn’t that great!
Earn interest — Earn interest is a marvelous yet simple process where you can earn interest on your USDT deposit. For this, it is mandatory to have a verified account in Unocoin. You can get to choose the tenure for which you would like to earn interest. The tenure can be as short as 1 day to as long as 730 days. The rate of interest is the rate of interest per annum. You can also enable Auto-renewal, which is an optional feature.
It is an automatic process wherein once your tenure is finished, the entire maturity amount will be deposited for the subsequent tenure. You can now earn the interest, based on the rate of interest for the same length of tenure and on the new maturity amount.
If at any point in time you want to discontinue your earn interest request, you can pre-close your request. To pre-close any active earn interest order, before the maturity date, the rate of interest is 1 % less than the applicable rate of interest.
Apart from the above-mentioned USPs of Unocoin, numerous others can help you choose the plan or feature that best fits your needs. Here are few others to name:
- Crypto basket
- Instant INR withdrawal through IMPS
- Add Nominee Details
- Price Ticker
- Refer & Earn
If you are intrigued to know more about what you can do with your money, signup for Unocoin’s website or mobile application. It is instant, user-friendly, and secure.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
Love Crypto Coins. Love Unocoin.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: [email protected]
- Contact details: 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).