New Delhi, India, 11, July 2022; Unocoin, India’s first Bitcoin platform, intends to reward its users with exclusive access to Toncoin, the native token of TON, a fully decentralized layer-1 blockchain designed by Telegram. Giving impetus to its flexible architecture of offering trade through more than 80+ coins, the Bengaluru-based startup aims to become the pioneer in making Toncoin the most valuable stake in the web3 economies.
This newly listed coin on Unocoin boasts speedy transactions, low costs, user-friendly interfaces, and environmental friendliness. TON can be scaled, shared and equipped to adapt to the market requirements. The architecture enables it to expand without suffering any significant performance loss. It solves various exchange needs and is used for transaction fees, network development, blockchain security through staking, and payment settlement. Its mainnet is fully operational and supports economical, swift, and environmentally friendly transactions.
Commenting on the development, Mr Sathvik Vishwanth, Co-Founder & CEO of Unocoin, said, “We are the platform committed to providing a plethora of opportunities for Unocoiners to trade on the platform. We are always introducing innovative and trendy solutions to become a one-stop solution for all crypto exchange requirements. Toncoin stands from other layer-1 blockchains with various distinctive features and is equipped to fulfil multiple transaction needs. With this inclusion, we look forward to ultra-fast transaction onboarding more users on the platform”.
TON, Solana, and Ethereum 2.0 are a few instances of blockchains that use Proof of Stake. But crucial design and implementation variations mean TON outperforms performance, adaptability, and design.
How to buy Toncoin in India?
As of now, Unocoin is the only crypto exchange in India to list Toncoin on its platform. The Toncoin can be traded at Unocoin either on iOS, Android, or web versions. A trader must download the application/visit the website, create a free account, complete the KYC process, and be a verified Unocoin user.
About UnocoinStarting in 2013, Unocoin is a Bangalore-based technology startup and is India’s first entrant into the bitcoin industry. The company operates India’s most significant (in Indian customer base) BTC-INR trading platform, enabling Indians to buy, sell, store, use and accept bitcoin. At its peak, Unocoin processed transactions worth more than INR 2B per month for its 2,300,000+ customers. The startup has been featured among the Top 20 companies in The Fintech20: India list and has won prestigious titles like ‘The Golden SABRE award’ in financial communications for the project, ‘Bit-by-Bit: Building Bitcoin in India’ and ‘TECH30′ award from YourStory.